Franchising Offers Business Independence – With Support

Pasadena Star-News:

The nation’s economic recovery is on a slow track, but the franchising industry is surging ahead.

The Franchise Business Economic Outlook reveals that franchising is responsible for 18 million jobs, and the industry is expected to add another 36,000 jobs by the end of 2010.

Overall franchise output will increase by 2.8 percent this year, with a net gain of $23.6 billion, according to the report.

Robert Stidham, president of Franchise Dynamics LLC, has a theory about why his industry is seeing so much growth in a down economy. More.