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The Impact of Franchising on the American Dream - ActionCOACH

Written by ActionCOACH | Nov 1, 2024 11:02:24 AM

A recent article by Franchise Direct pointed out that owning a franchise is one of the many ways people achieve their version of the American dream.

They noted that per the latest statistics, men own 71.9% of franchises while women own 28.1%, and the average franchise owner is between ages 45 to 54.

Popular types of low startup franchises include: cleaning companies, travel planning agencies, exercise class studios, clothing resale events, educational training centers, and pest control services.

When securing a franchise opportunity, you should research all of your options and talk to several franchise companies to determine which one is right for you. Take the time to learn about how franchising helps people achieve the American dream by having a look at the infographic from Franchise Direct below.