Franchises and the Economy

Studies shoow that approx. 40% to 45% of all retail sales in the U.S. come from the franchise industry. One out of every four businesses in the U.S. is a franchise and most franchise companies have fewer than 100 units. The average length of a franchise contract with the franchisee is 10 years and is usually renewable. The average royalty on sales is between 3% and 6% regardless of profitability. A franchise will work for most people if they follow the proven plan of the business. After all that's why you bought it in the first place, isn't it?