Franchising remains to be a popular business option in many parts of the world. With a small investment required as well as free training and marketing support already in place, those looking to start their own business can do so even in the comfort of their homes.
In 2012, the franchise industry achieved positive growth since four years ago. The Franchise Business Economic Outlook report showed a growth of 1.4 percent as the number of establishments in the industry went up.
This 2013, the forecast at the start of the year was continued growth at the same rate or exceeding that of the private sector. Amidst this positive forecast, however, industry leaders are not fully satisfied with the growth statistics. They attributed the minimal increase to uncertainties felt by business owners concerning the global economic situation and public policy. Read More ›