Economic impact of franchised business
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The document discusses the economic impact of franchised businesses in the United States. It finds that franchised businesses make significant direct contributions to US employment, outpacing many other economic sectors in employment growth. The direct economic contributions of franchising also surpass those of the overall US economy. Additionally, spillover effects further increase the impact of franchising on the broader economy. Franchised businesses operate in all 50 states and DC, with the greatest impacts on jobs and payroll in Nevada, New Mexico, Arizona and Mississippi as well as largest totals in California, Texas, Florida and Illinois.
