How Many Franchises ?

It's estimated that there are about 2000 or more different franchise companies in the U.S. and growing. The slow economy brings out more because people don't feel secure working for big corporations and want to control their own destiny. The number of actual franchisees who own these businesses is about 1 million and also growing. The entire franchise industry employs approx. 18-20 million people and accounts for over $1.8 Trillion of the USA economy. A good franchise can work well for most people but it's still hard work like any other business.