Newsflash: franchising is leading the recovery of the US economy.
News comes today that franchising has created over 36,000 jobs already this year and we are only halfway through the calendar. After a difficult year last year, where 400,000 jobs were lost in the franchising industry, it’s certainly encouraging to see franchise sparking the economy back to life.
Clearly, franchising is catching the attention of people in Atlanta. The city’s main paper, the Journal-Constitution, has printed the following article about a number of ambitious entrepreneurs who turned to franchising after the recession struck. Also, author Jane Applegate deals with the new opportunities available for entrepreneurs through franchising in this article.
Of course, the country’s economic problems remain, but it’s very encouraging to see the first signs of a turnaround coming through franchising.