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Showing posts from August, 2023

Trends Shaping the Franchise Investments in the US

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  Do you aspire to become a franchisee? Owning a franchise has always been a sure way to venture into the business world for budding entrepreneurs. With USA’s thriving franchise industry, the choice becomes easier for aspirants.  As of last month, there are approximately 828,138 franchise units across the country, contributing to a 3% GDP and 8.7 million jobs . Those are some great numbers if you are still contemplating your  franchise investments .   Nevertheless, since it is a rapidly evolving industry, you must be aware of the latest trends before leaping. Through this blog, we will discuss the latest trends impacting the American franchise industry in 2023 and beyond.   USA Franchise Industry Trends in 2023 Here we have listed a few things that will give you a glimpse of the  state of franchising in 2023  and the trends driving the industry. It will help you make a viable investment if you intend to buy a   new franchise in the USA .   Si...

A Quick Peek at the Top American Franchises in 2023

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USA has one of the most thriving franchise industries globally; one that even survived the COVID-19 phase. Since everything went back to normal, the industry has been showing exceptional growth.  In 2023, the revenue from franchise businesses is expected to reach $860 billion, increasing by 4.2% . Additionally, there has been a steady increase in employment rate with 8.44 million employees recorded in 2022 by Statista . So, if you have been contemplating your investment in  top American franchises , now is the right time. However, you can only earn lucrative returns investing in a thriving brand. On that note, let's check out the top rapidly growing franchises in the US for better ROI. https://www.statista.com/statistics/190317/number-of-employees-in-us-franchise-establishments/   Fastest Growing US Franchises in 2023 Not sure which franchises in the US will be a good investment? Let's take a look at the ones that have displayed significant growth over the years.  ...