LOUISVILLE, KY--(Marketwire - Aug 17, 2011) - Franchising is the economy's superstar. Growth of new franchised businesses is helping lift a still-sluggish economy, creating jobs and providing new options to corporate workers wanting a change.
FranNet, a North American network of franchise consultants who work with corporate workers seeking to change careers, has helped its clients open a record number of new franchised businesses in 2011.
"Big corporations often steal the headlines, but small businesses, especially franchises, are where job creation is," said Jania Bailey, FranNet President. "Our numbers for 2011 are sharply up and we're set to have a record year. More and more people are leaving corporate jobs and choosing to open businesses."
This is shaping up to be a turnaround year for the franchise industry. In addition:
Franchising is up because it works. "It is a proven model with the quickest path to creating a successful business and job growth," said Matthew Heller, IFA spokesman.
"With all the noise about job creation, people have missed the success story in the franchise industry," Bailey said. "Our experience is showing that opening more, smaller franchises is key to getting the economy back on track and creating more jobs."