Jump Start A Franchising Story With New Census Data

Reynolds Center:

The Census Bureau is out with fresh and interesting data about franchise businesses in the United States. It’s well worth a look for localizing and as a reminder that the Census Bureau is a wealth of business and industry information.

Here’s the release from Tuesday; – among the interesting factoids, note that one in 10 U.S. businesses with paid employees is a franchise. They account for about eight million workers and nearly $2 trillion in payroll. That’s more than I would have guessed certainly makes the case for making local franchises – from the point of view of corporate, the franchisee, workers or customers – part of your routine coverage. Continue reading this article.

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