IFA’s Franchise Forecast Strong Again in 2013!
Here We Grow Again!
Thinking of buying a franchise this year? If so, you will have company. Nearly 11,000 new franchise units are expected to open doors in 2013 in the U.S., according the International Franchise Association.
Wednesday, the IFA released its first quarterly update to the highly watched economic outlook & the numbers are promising! Reports show that the number of franchise businesses in the U.S. are expected to grow by 1.3% this year – jumping from 747,359 to 757,438.
Using economic analysis’ by IHS Global Insight, the Washington DC based advocacy group, says that franchise businesses are expected to generate $802 billion in revenue – employing a whopping 8.3 million people in the United States by the end of 2013! The industries expected to experience the most growth during the anticipated surge range from the quick service restaurant industry to the child related & educational market.
High Touch High Tech – Science Made Fun is seeing tangible results from this entrepreneurial boom as they prepare for their newest location to open its doors this June in Sacramento, California. For more than 20 years, High Touch High Tech-Science Made Fun has established their brand as a global leader in the child & educational service industry. The worldwide STEM movement has resulted in a resurgence of the education industry especially within the fields of science, technology, engineering & math. With their recognized hands-on science experiences, the High Touch High Tech brand has built a reputable franchise network & joined the ranks of the elite with their timeless business model.
By dollar volume, the quick-service restaurant category including names such as Subway and Dunkin’ Donuts, show the most sales. These big-box brands are estimated at bringing in more than $200 billion in revenue in 2013.
But, we ask, “is dollar volume the most important?” To some, the simple answer is yes. But for many, the answer is more complex. In today’s economy, entrepreneurs are seeking ways to make their investment mean something; seeking a brand that they can count on to be there 10…20…30 years from now; a business that speaks a universal language, reaches every age & makes a difference in their customers lives & their community. For these people, their search often directs them to the growing industry sector which serves children. These are the franchises that are changing the world. If you are a passionate person and enjoy working with children, then a franchise in the children’s services sector is for you.
It’s never been a better time to start a meaningful business. From former educators to corporate executives, the High Touch High Tech-Science Made Fun franchisees come from all walks of life. So, are you ready to make your mark?
Click Here to See the IFA’s ‘2013 Franchise Business Economic Outlook’ Infographic
To learn more about the rewards of ownership & the available franchise opportunities with High Touch High Tech, visit us online at ScienceMadeFunFranchise.net.
High Touch High Tech is the leader in innovative hands-on science and nature experiences for children, serving over 4 million children annually with 28 franchise locations across the United States, Canada, Turkey, Singapore and South Korea.