The economic impact of franchising goes beyond activities inside franchised businesses, because their purchases of products and services and the personal purchases of their owners and workers contribute to the growth of non-franchised businesses. As a result of these spillover effects, the total impact of franchising was to provide 21 million jobs (15.3% of all private-sector jobs) and $660.9 billion of payroll (12.5% of all private-sector payroll) in 2005. Output produced because of franchised businesses grew from $1.5 trillion in 2001 to more than $2.3 trillion in 2005; an average growth of 10.9% per year. In 2005, output produced because of franchised businesses accounted for 11.4% of all private-sector output.
This information was taken from the Special Report: Economic Impact of Franchising, Vol. 2 article in the March 2008 edition of Franchising World.
