After some disappointing years, franchising is expected to rise again nationally in 2011 — and companies are ready to take advantage of that trend in Colorado.
The International Franchise Association (IFA), based in Washington, D.C., forecast a 4.7 percent rise in economic output — the gross value of goods and services a business produces — by franchise businesses this year.
It also predicted a 2.5 percent jump in both the number of franchise establishments and workers, which could result in an increase of 194,000 jobs nationally. Those numbers dropped significantly from 2008 to 2009 and remained flat last year.