Announcement Bar DELIVER TO ME!

Franchise Information

Why is Franchising So Powerful?

Franchising as a whole has a 92% success rate for business owners. For franchisees who own multiple units, the rate goes up to 97%. Increased market share equals increased profits and franchising is the best way to gain market share. Right now, retail franchise businesses represent only 8.3% of the businesses on the street. However, the sales from those franchises represent 40.9% of the total retail sales in the United States. Franchising is the best vehicle for capturing market share. One of the best ways to increase profits is to increase market share. The typical franchise, when compared to an unaffiliated business, is more profitable.

As a result of their extensive surveys, the International Franchise Association tells us that:

  • 93% of the franchisees say that a franchise gives them an advantage
  • 88% recommend a franchise over a non-franchised business
  • 83% are happy with their franchise
  • 65% would purchase the same franchise over again
  • The average yearly net income for a franchisee is $91,630
  • The average net income for a single unit franchise is $76,000
  • The average net income for a multi-unit franchise is $142,000!

In short: "Franchising is the single most successful marketing strategy ever."
- John Naisbitt, Author, Megatrends - Franchise USA Inc. 2005



© 2009 Espudo Enterprises - Web Site Design: espudo.com