From 2001 to 2005, the franchising sector grew at a sooner pace than many different sectors of the U.S. economy. Direct financial output expanded by over 41% from $625 billion to $881 billion, whereas economic output of different businesses grew by 26%, from $16 trillion to $20.1 trillion. Employment generated by franchised companies grew by 12.6%, from 9.seventy nine million to eleven million, in comparison with three.5% for all businesses, from 132 million to 136.7 million. Payroll generated by franchised companies grew 21.6% in comparison with 15.4% for all companies.
Retail Store Franchise Opportunities
The core business activities of Rand Asia embody the distribution of computerised embroidery machine, computerised embroidery software, garment cad system and textile tools. Over the years, WFC expanded its business by establishing a seasoned flour manufacturing unit. Catering primarily to meals stall owners and eateries, Winner’s Fried Chicken reached an even wider audience with its distinctive flavour.