Economic Outlook report shows impact of franchising on Ohio economy
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2 Articles
Economic Outlook report shows impact of franchising on Ohio economy
WASHINGTON – The International Franchise Association (IFA) has released its 2023 Franchising Economic Outlook report, showing that Ohio will add 346 new franchised businesses in 2023, creating 7,186 new jobs. These local businesses continue to deliver jobs and business ownership opportunities, despite economic uncertainty across all industries and in daily life. “Even with today’s economic headwinds, franchises in Ohio continue to grow, provide …
2023 Franchising Economic Outlook
The 2023 Franchising Economic Outlook is IFA’s annual study in partnership with FRANdata detailing the franchise sector’s performance for the past year and projected economic outlook for the year ahead, as well as an in-depth state outlook for all 50 states and Washington, D.C. The report highlights sector growth across eight key franchising business lines and details regional trends, including the top states for franchise growth. It also provid…
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