Franchising In The Downturn And Recovery

Business Insider:

Franchised businesses performed relatively well during the Great Recession and weak economy recovery that followed.

According to data provided in the Franchise Business Economic Outlook: March 2012, prepared by IHS Global Insight for the International Franchise Association Educational Foundation, the number of franchised establishments declined 3.1 percent; the number of employees at franchised outlets fell 2.4 percent; and the inflation-adjusted dollar value of output dropped 2.2 percent between 2007 and 2009.

These numbers are relatively modest in comparison to what happened to the economy as a whole. Full post.

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