The Irish Franchise Association today announced results of the latest all-Ireland Franchising Survey; An Assessment of the Irish Franchising Market in 2010 conducted by UCD Michael Smurfit Business School in association with Ulster Bank.
The survey highlights a marked increase in turnover for the Franchise sector to â‚¬2.419 billion representing an increase of 15% since the last survey in 2006. In total the Irish franchise industry has delivered 4,086 operating units on the island of Ireland and has generated 42,927 full-time equivalent jobs to the economy. As well as generating employment directly there are also additional indirect jobs created due to the existence of the sector. In a time of economic downturn the franchise sector has increased job creation figures every year since 2006 year and positively contributed to the Irish economy in the form of job related taxation. Read more.