Industry Trends

Franchising Plays an Important Role on the State Level

A franchise is a business expansion practice that allows smaller businesses to operate under a well-known brand name.

It is a great way for small business owners to start a new business and expand their brand in the market without incurring large capital investments.

The future of the franchise industry has an enormous impact on the economy. Countless jobs are created and supported by franchising, which helps to reduce unemployment rates.

Top 10 States by Growth Rate of Franchising

Franchising plays an important role on the national level but as an industry, it also has a major impact on states and their economies. The International Franchise Association, a global trade organization, reports that the franchise industry contributes about 3% of the US GDP.
This industry includes establishments where a company licenses their brand, products and processes to a separate business. They then operate under the name of the larger company, which often offers training and other benefits.

In addition, future franchising helps to support local communities by contributing taxes, which can go towards schools and emergency services. Many franchises also become involved in their communities by volunteering or donating to charitable organizations.

According to the 2022 Franchising Economic Outlook, published by IFA on February 15, Texas will see the highest growth rate in franchises, followed by Florida, Arizona, South Carolina, Idaho, Tennessee, North Carolina and Montana. This is due to an expected increase in the number of franchise establishments, employment, and economic output.

The Southeast region has the largest franchise growth.

The Southeast region has the largest franchise concentration in the United States, with an estimated 231,500 total establishments by 2022, employing 2.6 million workers and contributing $235.9 billion in output to the U.S. economy.

The region is a very diverse place. It is a major center for business and manufacturing, with cities like Atlanta, Charlotte, Miami, Nashville, New Orleans, Louisville, Birmingham and Memphis.

Future of Franchising’s impact on State’s Economy

When you look at the economy, franchising has a huge impact. In fact, it contributes to almost 7% of the GDP in the United States and is a major driver of economic growth.

There are many ways that franchises impact on the state’s economy, including jobs creation and support of local economies by paying taxes to support schools, emergency services, and road repairs. Taxes paid by franchise owners also support local communities through donations to nonprofits and other charitable organizations.

In addition, franchises create jobs and grow new locations more quickly than other small businesses. This leads to increased consumer spending and more job creation for the economy as a whole.

The franchising sector is a significant contributor to the overall American economy, according to an IFA study. In 2016, the sector employed more than 16 million people and produced goods and services worth $868.1 billion.

Franchising supports the national economy and the communities in which they operate through their hiring, purchasing and distribution of goods and services from other companies. In addition, they make direct contributions to the economy by generating employment opportunities, buying products and services and donating to charities.

Franchises also generate indirect economic contributions to the economy by bringing more business into their own communities and increasing traffic to shopping areas and downtown areas as a result of their successful brands. The increase in traffic that comes as a result of a brand opening a new location also helps other businesses achieve their sales goals, which in turn results in the tax money that these businesses pay to help support the town or city’s budget for the year.

While each of these aspects of the economy are important, they each work together in conjunction to drive the success or failure of a franchise operation. For example, while an economic decline in a particular state may reduce the potential for franchise sales in that area, the same situation could increase the availability of franchise locations in that area as more and more consumers look to their local retailers for convenience and quality.

This is especially true in times of recession, as customers tend to shop locally when they have a reason to do so. In addition to causing the local economy to improve, franchising also generate local income by providing employment for individuals who may not be able to find other jobs due to a lack of qualifications or experience.

The franchising industry also provides a familiar set of service providers to customers, making it easy for them to use a particular brand and get the same experience, no matter where they are in the country. This has become a huge draw for franchises and their customers, as it helps them build loyal relationships that last throughout the entire lifetime of the customer.

As a result of all of these factors, franchising is a great way to start a new business. The franchisor and the franchisee work together to ensure that each franchisee has everything they need to be successful, from a proven business model to ongoing support, training, and education.

Future of Franchising’s Impact on State’s Unemployment

Franchising is an effective business model for adding new jobs, especially during economic recessions. Franchisees provide consistent training processes that allow employees to learn and grow a new skill or trade without requiring post-secondary education. This creates a positive cycle of job growth, which then leads to additional jobs and economic development in the local area.

In addition, franchises offer many benefits to their employees that extend into the community as well. For example, they provide health care coverage and provide on-the-job training that allows workers to improve their skills, which results in increased income and output for the local economy.

The franchising industry is a major employment generator, providing employment opportunities for millions of people across the United States. This includes workers in the franchisee’s business locations and in the distribution of goods or services.

During economic downturns, top-earning wage earners often look to franchises as a way to add to their income stream and diversify their investments. They typically have access to significant personal savings and retirement accounts, which they can use to invest in their own businesses.

When unemployment rates rise, the purchasing power of these individuals may decrease, which could lead to a decline in profits for franchisees. Managing a balance between adding new jobs and maintaining high employee retention is essential for a successful business during these times.

Unemployment rates vary by state, so it’s important to keep an eye on the rate in your area. This can help you make decisions about whether to hire or fire an employee. It also provides a basis for your payroll tax calculation.

If you’re hiring for positions that pay high wages, such as management or executive levels, it’s important to ensure that you have a good fit with the candidate. A good fit is more likely to lead to loyalty, which will result in a higher level of employee retention.

This is especially true if you’re looking to hire in an area that has recently experienced a recession, since it could be difficult to convince people who are looking for work that your company is the right one for them. In these cases, it’s important to make sure that the franchisee has a reputation for treating their employees well and offering competitive benefits.

Another aspect that can affect a franchise’s ability to retain employees is the amount of turnover occurring in a given area. This can lead to higher staffing costs if your franchisee isn’t able to fill positions with the right candidates.

In addition, if you’re a franchisee in an area where a high number of former employees have filed unemployment claims, your business will face SUI (state unemployment insurance) taxes on the income from these workers. These taxes are based on your business’s wage base and the number of former employees who have filed for unemployment.

During economic downturns, many individuals and businesses choose to take steps to increase their wealth, such as opening up a new business or investing in their own real estate. While franchising isn’t for everyone, it is a viable option for those who are interested in building their own business and creating a secure future for themselves and their families.

Conclusion: The Future of Franchising is good for the country

Franchises play an important role on the national level but as one of the largest forms of employment, they also have a huge impact on local economies. Providing jobs in many different ways, franchises help support local businesses by creating an environment that encourages growth and expansion.

The franchising industry has grown to include more than 300 categories of products and services. This includes retail concepts, such as grocery stores and convenience stores, restaurants, hotels, and much more.

According to a recent report, business format franchises provide 7.6 million jobs in the U.S., generating $674 billion in economic output and 2.5 percent of GDP. This makes them the second most significant job creators, behind only financial/insurance establishments.

 

State Specific Data on Franchising Growth

 Alabama

• New report: Alabama is projected to add 225 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Alabama and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 3,974 jobs in Alabama in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Alabama will contribute over $14.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

 Alaska

• Did you know that Alaska is projected to be home to 1,213 franchise local businesses, employing 13,091 people? The small businesses are essential to the local economy. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in Alaska will contribute $1.3 billion to the state’s economy, providing meaningful careers and uplifting comminutes. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 1,213 local franchise businesses in Alaska, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

 Arizona

• New report: Arizona is projected to add 421 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Arizona and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 6,616 jobs in Arizona in 2023. At The Entrepreneur‘s Source we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Arizona will contribute over $5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411#GrowthByFranchising http://bit.ly/40v3Bsw

Arkansas

• New report: Arkansas is projected to add 115 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Arkansas and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 2,150 jobs in Arkansas in 2023. At The Entrepreneur‘s Source we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Arkansas will contribute over $8.5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

California

• New report: California is projected to add 615 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in California and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 16,356 jobs in California in 2023. At The Entrepreneur‘s Source we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in California will contribute over $89.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Colorado

• New report: Colorado is projected to add 444 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Colorado and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 6,835 jobs in Colorado in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Colorado will contribute over $19.1 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Connecticut

• IFA’s Economic Outlook is out, and the numbers are in! Franchising in Connecticut is projected to add 1,252 jobs in 2023. Read the full report from @franchising411 and learn how franchises in Connecticut and beyond continue to grow: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to add 1,252 jobs in Connecticut in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Connecticut will contribute over $7.6 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Delaware

• IFA’s Economic Outlook is out, and the numbers are in! Franchising in Delaware is projected to add 989 new jobs in 2023. Read the full report from @franchising411 and learn how franchises in Connecticut and beyond continue to grow: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute to $860.1 billion to the U.S. economy this year, growing 4.2% in 2023. Delaware is projected to add 65 units and 989 jobs in 2023, will yours be one of them? @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Delaware will contribute over $2.7 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

District of Columbia

• Did you know that D.C. is projected to be home to 1,077 franchise local businesses, employing 11,619 people? The small businesses are essential to the local economy. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in D.C. will contribute $1.1 billion to the local economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 1,077 franchise local businesses in D.C., contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Florida

• New report: Florida is projected to add 1,609 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Florida and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 24,220 jobs in Florida in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Florida will contribute over $64.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Georgia

• New report: Georgia is projected to add 777 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Georgia and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 11,848 jobs in Georgia in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Georgia will contribute over $32.4 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Hawaii

• Did you know that Hawaii is expected to be home to 2,993 local franchise businesses, employing 32,302 people? Small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in Hawaii contribute $3.1 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2% with nearly 3,000 franchise local businesses in Hawaii, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Idaho

• New report: Franchising in Idaho is projected to add 175 new franchise businesses and 2,443 new jobs in 2023. Read the full report from @franchising411 and learn how franchises in Idaho and beyond continue to grow: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute to $860.1 billion to the U.S. economy this year, growing 4.2% in 2023. Idaho is projected to add 175 new franchise units in 2023, will you be one of them? @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Idaho will contribute over $5.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Illinois

• New report: Illinois is projected to add 1,800 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Illinois and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 23,292 jobs in Illinois in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Illinois will contribute over $37.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Indiana

• New report: Indiana is projected to add 417 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Indiana and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 6,573 jobs in Indiana in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Indiana will contribute over $19.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Iowa

• New report: Franchising in Iowa is projected to add 90 new franchise businesses, creating 1,967 new jobs in 2023. Read the full report from @franchising411 and learn how franchises in Iowa and beyond continue to grow: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute to $860.1 billion to the U.S. economy this year, growing 4.2% in 2023. Iowa is projected to add 90 new franchise units in 2023, will you be one of them? @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Iowa will contribute over $9.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Kansas

• New report: Kansas is projected to add 120 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Kansas and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 2,257 jobs in Kansas in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Kansas will contribute over $8.9 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Kentucky

• ­New report: Kentucky is projected to add 179 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Kentucky and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 3,254 jobs in Kentucky in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Kentucky will contribute over $12.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Louisiana

• New report: Louisiana is projected to add 141 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Louisiana and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 2,869 jobs in Louisiana in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Louisiana will contribute over $12.5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Maine

• Did you know that Maine is projected to be home to 2,291 local franchise businesses, employing 24,729 people? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in Maine contribute $2.4 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%. In 2013, there will be 2,291 local franchise businesses in Maine, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Maryland

• ­New report: Maryland is projected to add 153 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Maryland and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 3,318 jobs in Maryland in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Maryland will contribute over $15.4 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Massachusetts

• IFA’s Economic Outlook report is out, and the numbers are in! Massachusetts franchises are projected to increase by 120 units and add 2,573 jobs in the state in 2023. Read the full report from @franchising411 http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%. Massachusetts will add 120 new franchise businesses in the state, adding 2,573 new jobs. Will you be one of them? @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchising is projected to add 2,573 jobs in Massachusetts in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

 

Michigan

• New report: Michigan is projected to add 236 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Michigan and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 5,265 jobs in Michigan in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Michigan will contribute over $25.1 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

 

Minnesota

• Did you know that Minnesota will be home to over 14,000 local franchise businesses, employing 152,484 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in Minnesota will contribute $15.1 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the over 14k local franchise businesses in Maine, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Mississippi

• New report: Mississippi is projected to add 134 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Mississippi and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 2,279 jobs in Mississippi in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Mississippi will contribute over $7.7 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Missouri

• New report: Missouri is projected to add 221 new franchise businesses in 2023! Read the full report from @franchising411 and learn how franchises in Missouri and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 4,205 jobs in Missouri in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Missouri will contribute over $16.8 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Montana

• New report: Franchises in Montana will add 435 new jobs in 2023, totaling 33,147 jobs in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 435 jobs in Montana, totaling 33,147 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Montana will contribute over $3.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Nebraska

• New report: Franchises in Nebraska will add 1,431 new jobs in 2023, totaling 69,595 jobs in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 1,431 jobs in Nebraska, totaling 69,595 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Nebraska will contribute over $6.9 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Nevada

• New report: Nevada is projected to add 265 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Nevada and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 3,846 jobs in Nevada in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Nevada will contribute over $9.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

New Hampshire

• New report: Franchises in New Hampshire will add 502 new jobs in 2023, totaling 32,690 jobs in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 502 jobs in New Hampshire, totaling 32,690 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in New Hampshire will contribute over $3.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

New Jersey

• New report: New Jersey is projected to add 159 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in NJ and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 3,951 jobs in New Jersey in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in New Jersey will contribute over $20.5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

New Mexico

• New report: Franchises in New Mexico will add 1,223 new jobs in 2023, totaling 53,146 jobs in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 1,223 jobs in New Mexico, totaling 53,146 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in New Mexico will contribute over $5.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

New York

• Did you know that New York will be home to 27,276 local franchise businesses, employing 294,368 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in New York will contribute $29.1 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 27,276 local franchise businesses in New York, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

 North Carolina

• New report: North Carolina is projected to add 604 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in NC and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 9,793 jobs in North Carolina in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in North Carolina will contribute over $30.5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

North Dakota

• Did you know that North Dakota will be home to 2,332 local franchise businesses, employing 25,171 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in North Dakota will contribute $2.5 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 2,332 local franchise businesses in North Dakota, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Ohio

• New report: Ohio is projected to add 346 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Ohio and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 7,186 jobs in Ohio in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Ohio will contribute over $31.9 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Oklahoma

• New report: Oklahoma is projected to add 154 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in OK and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 2,864 jobs in Oklahoma in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Oklahoma will contribute over $11.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Oregon

• New report: Franchises in Oregon will add 1,884 new jobs in 2023, totaling 106,371 jobs in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 1,884 jobs in Oregon, totaling 106,371 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Oregon will contribute over $10.5 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Pennsylvania

• New report: Pennsylvania is projected to add 368 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Pennsylvania and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 7,157 jobs in Pennsylvania in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Pennsylvania will contribute over $29.4 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Rhode Island

• New report: Franchises in Rhode Island will add 543 new jobs in 2023, totaling 22,468 employees in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 543 jobs in Rhode Island, totaling 22,468 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Rhode Island will contribute over $2.2 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

 

South Carolina

• New report: South Carolina is projected to add 476 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in SC and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 6,904 jobs in South Carolina in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in South Carolina will contribute over $16.6 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

 

South Dakota

• Did you know that South Dakota will be home to 2,733 local franchise businesses, employing 29,498 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in South Dakota will contribute $2.9 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 2,733 local franchise businesses in South Dakota, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Tennessee

• New report: Tennessee is projected to add 524 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in TN and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 7,910 jobs in Tennessee in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Tennessee will contribute over $21.1 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Texas

• New report: Texas is the #1 state for franchise growth in the U.S.! Texas will add 2,590 new franchise businesses in 2023. Read @franchising411’s report and learn how franchising is continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 37,020 new jobs in Texas in 2023, the most in the U.S. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. From @franchising411 http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchises in Texas will contribute over $85.4 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Utah

• New report: Utah is projected to add 324 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Utah and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 4,540 jobs in Utah in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Utah will contribute over $9.8 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Vermont

• Did you know that Vermont will be home to 1,023 local franchise businesses, employing 11,040 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in Vermont will contribute $1.1 billion to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1 billion to the U.S. economy this year, growing 4.2%, including the 1,023 local franchise businesses in Vermont, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

Virginia

• New report: Virginia is projected to add 244 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Virginia and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 5,334 jobs in Virginia in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Virginia will contribute over $24.9 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Washington State

• New report: Franchises in Washington will add 2,941 new jobs in 2023, totaling 181,953 franchise employees in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 2,941 jobs in Washington State, totaling 181,953 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Washington will contribute over $18B to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

West Virginia

• Did you know that West Virginia will be home to 3,640 local franchise businesses, employing 39,281 people in 2023? The small businesses are essential to their local communities. Read more about #GrowthByFranchising in a new report from @franchising411: http://bit.ly/40v3Bsw
• Franchises in West Virginia will contribute $3.9B to the state economy, providing meaningful careers and essential services to the community. Read more about the impact of franchising from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising
• Franchising is projected to contribute $860.1B to the U.S. economy this year, growing 4.2%, including the 3,640 local franchise businesses in WV, contributing to that growth. Read more from @franchising411: http://bit.ly/40v3Bsw #GrowthByFranchising

 Wisconsin

• New report: Wisconsin is projected to add 132 new franchise businesses in 2023. Read the full report from @franchising411 and learn how franchises in Wisconsin and beyond are continuing to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Wisconsin will contribute over $16.3 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw

Wyoming

• New report: Franchises in Wyoming will add 500 new jobs in 2023, totaling 20,809 franchise employees in the state. Read the full report from @franchising411 and learn how franchising continues to grow in today’s economic climate. #GrowthByFranchising http://bit.ly/40v3Bsw
• Have you heard the news? Franchising is projected to add 500 jobs in Wyoming, totaling 20,809 jobs in the state, in 2023. At The Entrepreneur‘s Source, we’re proud to contribute to this growth and support local communities. Learn more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw
• Franchises in Wyoming will contribute over $2.1 billion to the state’s economy in 2023, providing meaningful careers and uplifting comminutes. Read more from @franchising411 #GrowthByFranchising http://bit.ly/40v3Bsw