Some interesting statistics on franchisers salaries have emerged in the last week. Over the past few months, Virginia-based company FranData Inc has been soliciting franchisers for their payroll figures, in order to provide a broad look at pay across the franchising industry. The financial crunch has made franchisers much more cost-conscious, and by taking a bird’s eye view at the industry, and it’s safe to say they’ll find some interesting information here.
The Wall Street Journal described the FranData survey as “what’s believed to be a first-ever glimpse at how rewarding work at franchising companies can be”. The study reveals that the best paying managerial jobs are in the full-service restaurant sector, while the best-paid managers were in charge of legal departments or handling a franchise outlets site selection.
Follow the links to find specific info on annual base pay for franchise managerial and professional staff, comparative base pay by sector, and pay by franchise industry and size.
That’s the rise in profit for Yum! Brands in 2008. Yum!, a quick service restaurant company which owns companies like KFC, Pizza Hut, Taco Bell, Long John Silver’s and All American Food, had second-quarter profits of $2.65 billion for the second quarter of 2008. Compared to a profit $2.37billion for the previous year, Yum! has enjoyed a 12% rise in profits. So despite the economic turmoil, established food franchises are continuing to grow and to thrive.
That’s the number of cups of coffee consumed in one calendar year around the world. Good thing that Franchise Direct has a number of outstanding opportunities specializing in the world’s popular beverage.
The number of women-owned businesses in America. The latest research conducted by the Women’s Research Center has found that there are over 10.1 million women-owned firms, with ownership defined as 50 percent or more state, throughout the country. These firms open employ 13 million people and contribute almost $2 trillion to the economy.
Read more about the advances of women in business at the Women’s Research Center home page
The number of self-employed people in Canada (according to government statistics from 2005)
This figure represents 16% of the total Canadian workforce. Canada has seen a gradual rise in self-employment over the last ten years.
Read more about it here.
