Why has the franchising industry grown so quickly?

Because franchising, as a business opportunity expansion technique, has been overwhelmingly successful. Franchise opportunities allow aspiring business owners to pursue their dreams in an industry that they love while eliminating much of the risk and guesswork that usually accompany a new business start-up. Small business franchise opportunities offer benefits that people would not experience by starting a business on their own. Today, franchising is a major force in almost every industry imaginable. Franchise ideas and concepts account for a major share of retail sales throughout the U.S. According to IHS Economics, one of the leading economic analysis and forecasting firms in the world, “Franchise businesses accounted for approximately 3% of U.S. GDP or a total of $495 billion in 2014. Based on our employment and output forecasts for franchising in 2015, we project that nominal GDP of the franchise sector will increase by 5.1% to $521 billion. This will exceed the growth of total U.S. GDP in nominal dollars, which is projected at 4.9%”.

According to statistics provided by the U.S. Department of Commerce

Franchise opportunities have proven to be the best choice for entrepreneurs who recognize their need for guidance and support and value a long-term plan for business success!


  • The franchising industry employs over 18 million people in the U.S.
  • There are more than 750,000 franchise businesses in the U.S.
  • Franchise businesses were responsible for over 1.5 trillion dollars in economic output in 2015.
  • A new franchise business opens every 8 minutes of every business day.
  • Fewer than 5% of franchise outlets fail annually.
  • While franchises account for only 8% of all service business, they claim more than 40% of all service-related revenue.
  • If current trends are any indicator, the growth of the franchise industry shows no signs of letting up.  More than 300 different types of industries and businesses are franchising, which accounts for 35% of all retail goods and services sold.


IBISWorld’s Party & Event Planners 2015 Market Research Report states the following industry statistics and market size

What is the Party & Event Planners Industry?

According to IBISWorld 2015 Market Research Report, this industry comprises independent companies and individuals that organize parties, weddings, corporate dinners, and other social gatherings. These operators serve households, businesses, and nonprofits. This industry does not include companies that organize conventions, trade shows, and sporting events; nor does it include the event planning departments of hotels, conference centers, and recreational facilities.

Now is the time for you to join us in sharing our mission: to provide the best party entertainment experience, for the largest audience, in order to capture significant market share for our Franchisees.