Written by Efranchisesale Staff Sunday, 01 December 2013 21:00
Every year around this time, the International Franchising Association (IFA) releases its third-quarter report on franchising in America, which is often seen as a forecast of what is to come in the next calendar year.
According to the glowing results, as reported in an article on Forbes.com, "The Biggest Trends in Franchising," the franchise sector added 184,000 jobs over the past twelve months. While the franchise sector only accounted for 10 percent of all new jobs in the past 18 months, this past year's increase brought the total number of jobs in this category to more than 8 million. As this sector of the economy has grown it has added new jobs to various industries, including: business, personal services, education, automotive, hospitality and manufacturing. Overall, the franchise sector supports more than 18 million jobs, either directly or indirectly.