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Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Franchising and the Economy Infographic

Franchising and the U.S. Economy

In all the talk about deficits,unemployment, and the precarious state of our nation's economy, one of America's most powerful engines for recovery is often (and foolishly) excluded from the conversation -- a classic case of missing what's right under our nose. Developed and perfected right here in the U.S., the franchise business model represents the ideal blend of national heft and local business, accounting for hundreds of thousands of stores, millions of jobs, and billions in annual output.

Measuring the Impact of Franchising on the U.S. Economy

Few people realize how critical franchising is to our economy, but as the infographic below illustrates, some of the most celebrated brands in the U.S. today were launched during times of deep recession, and franchised businesses as a whole continue to serve as a model workhorse for productivity and wealth creation in our nation.

Infographic
of Franchising and the Economy

Franchises and the Economy

Visit FranchiseHelp.com to find franchises for sale and visit the FranchiseHelp Franchise Blog for more content like the infographic above! To add the "Franchising & The Economy" Infographic to your own site, just copy and paste the embed HTML below: Franchises Opportunities and The U.S. Economy by franchise opportunities and information resource FranchiseHelp.

5 Ways to Evaluate Your Franchise Options

A great way to go and figure out whether or not the franchise you’re thinking about is the right one for you is to just go into a location and take a look around. Watch how things run. Talk to some of the employees or the customers. Figure out what day to day operations are like. If you have a big problem with the day to day business for any reason then it probably isn’t the right franchise for you. But if you go there and think that the business is great then it’s probably a good fit.

A Break Down of Franchise Royalty Fees

When you first start your franchise you typically pay a franchise fee upfront. This will cover a variety of things that depend on the franchise you're dealing with, but often it will go towards initial training, marketing, and the rights to use the franchises logos, names, systems, and products. But that's not the only fee that franchisees will pay to a franchise. In addition to the initial franchise fees, the vast majority of franchises will charge their franchisees royalties that can come in one form or another. These royalties will often go towards ongoing training, sales of goods directly from franchisor to franchisee, and advertising and marketing efforts. The exact terms for these royalties are set out in your franchise agreement, but they come in a few common forms.