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Franchise Grade Publishes 2014 Franchise Industry Report

by Ed Teixeira

New report shows 3.85% franchise industry growth plus more!

In a recent press release Franchise industry research leader, FranchiseGrade.com, has announced the publication of its 2014 Franchise Industry Report. Based upon the performance of 1,695 companies that operate franchise systems in the United States, the report reveals that the franchise industry grew by 3.8% between 2010 and 2014. The analysis and conclusions in FranchiseGrade.com's Industry Report are based on the data collected from Franchise Disclosure Documents.

Some of the key findings from the report are:

  • Franchise Industry growth - 3.8%
  • New franchised outlets opened - 135,289
  • Outlets ceased operations - 58,104
  • Yearly Franchisee Turnover Rate (FTR) - 9.9%
  • Franchisee investments - $59 Billion

This insightful report lists the Top 10 Franchise Industry Sectors by growth led by:

· +4.7% Business Services

· +4.5% Personal Services

· +4.4% Quick Service Restaurants

Click here to access the infographic and learn more about the report

2015 FranchiseKnowHow, LLC

Ed Teixeira is the President of FranchiseKnowHow.com and Chief Operating Officer, FranchiseGrade.com. He is a former franchise executive and franchisee. He can be contacted at 631-246-5782 or at  franchiseknowhow@gmail.com

 

 

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