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Is Franchising Right for You?

Wondering if you have what it takes to be a successful franchisee? Ask yourself these questions and find out if you have the specific attributes to launch and grow a profitable franchise business.

1. Do you have a customer-focused mindset?
2. Are you able to set and achieve specific goals?
3. Do you enjoy taking control of situations and managing others?
4. Do you thrive on achieving results?

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Match Your Personality to the Right Franchise

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Take our quick and insightful assessment to find out which types of franchises complement your personality. You may be surprised by the results of the assessment.

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Franchise outlook for 2025

Key findings from the Economic Outlook study prepared for the International Franchise Association Include:

Franchise businesses will have a 3.1 percent growth in jobs, adding 278,000 direct jobs to the economy this year for a total of 9.1 million.
This year, the number of franchised establishments will grow by 13,359, or 1.7 percent, to 795,932.
The franchise sector's gross domestic product (GDP) is projected to rise 5.6 percent this year to $552 billion, adding $29 billion in GDP to the U.S. economy. The franchise sector will contribute approximately 3 percent of U.S. GDP in nominal dollars.
Business format franchise businesses cross over 300 business lines that can be categorized into 10 general areas: Automotive, Business Services, Commercial & Residential Services, Lodging, Personal Services, Quick Service Restaurants, Real Estate, Retail Food, Retail Products & Services and Table/Full-Service Restaurants.

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“Tom has a great way of presenting a franchise opportunity so that you can make connections quickly to your situation.”

— M. MILES, HOUSTON, TX

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  The Franchise Academy Podcast helps you understand the PROS and CONS of franchise ownership.

Listen to The Franchise Academy Podcast

We are dedicated to expanding your knowledge about the franchise industry. Our mission is to help you find the perfect franchise opportunity for your lifestyle. Which franchise can give you more control over your time? Be careful about the reasons why you choose a franchise. They are not all the same.

“I’ve been in your shoes - I left a job to open a franchise. If you’re thinking about making a move, we should talk. No obligation, no kidding. I offer you education, insight and inspiration.” ~ Tom Scarda, CFE

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