Friday Fun Facts
The number of open franchised businesses continues to grow. As the statistics below show, the growth naturally follows where the customers are. On the resource, there is a map that shows Population shifts⚙️ to the Southeast show higher levels of growth and output over other regions of the country.
This map is from the annual Economic Forecast on Franchising. The report is an excellent resource on the franchise industry.
Factors making the great state of Texas the darling of franchise growth among all 50 states this year is:
Residents with disposable income
Low tax rates
Manufacturing investments
Service industries investments