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“We offer education, insight and inspiration.” ~ Tom Scarda

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With more than 4,000 franchises, choosing a franchise is daunting. Many first-timers choose franchises for the wrong reasons. Get this guidebook before you make your move.

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I love the expertise that Tom brings to the table. His interviews are informative and helpful to those of us looking into franchising.
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 Franchise Industry Stats

Key findings from the 2016 Economic Outlook prepared for the Franchise Education and Research Foundation by IHS Economics Include:

  • Franchise businesses will have a 3.1 percent growth in jobs, adding 278,000 direct jobs to the economy this year for a total of 9.1 million.

  • For the past five years, the average annual job growth in the franchise sector was 2.6 percent, nearly 20 percent higher than all businesses economy-wide. Over the last five years the franchising sector has added nearly 1 million jobs to the economy.

  • The number of franchised establishments will grow this year by 13,359, or 1.7 percent, to 795,932.

  • The IHS Economics forecast of output growth in nominal dollars for franchise businesses will increase this year by $52 billion, 5.8 percent, to $994 billion.

  • The gross domestic product (GDP) of the franchise sector is projected to rise 5.6 percent this year to $552 billion, adding $29 billion in GDP to the U.S. economy. The franchise sector will contribute approximately 3 percent of U.S. GDP in nominal dollars

  • Business format franchise businesses cross over 300 business lines that can be categorized into 10 general areas: Automotive, Business Services, Commercial & Residential Services, Lodging, Personal Services, Quick Service Restaurants, Real Estate, Retail Food, Retail Products & Services and Table/Full Service Restaurants

Tom has a great way of presenting a franchise opportunity so that you can make connections quickly to your situation.
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