Franchising Information Web Site Seeing Huge Growth in the Industry

More and more people are opening franchises, according to My Franchise Center, which is affirmed by a recent study for the International Franchise Association.

Washington, DC (PRWEB) March 19, 2008 -- My Franchise Center, a Web site dedicated to assisting people who are interested in franchise opportunities, has seen a steady increase in visitors looking for information. This is no fluke, as a recent study for the International Franchise Association Educational Foundation shows. The franchising industry grew by more than 18 percent between 2001 and 2005, according to the results of the study.

Franchise opportunities brought more than 140,000 new businesses to the economy and provided approximately 1.2 million new jobs, according to the economic impact study that was just released. The economic output of franchises grew by more than 40 percent in 2005, as well, which resulted in a total output of $880 billion that year. Franchising has grown faster than other sectors of the economy in regards to growth of jobs, payroll and output.

The team at My Franchise Center knows that franchise opportunities can provide great financial benefits to entrepreneurs and the corporate entities that grow as a result. The jobs that a franchise can provide are also a boost to the local and national economy. There are currently more than 900,000 franchises in the country in many lines of business. These include fast and full service restaurants, retail food, automotive, lodging, real estate, residential & commercial services, retail products & services, business services and personal services.

For more information about franchise opportunities throughout the United States, visit www.myfranchisecenter.com.

About My Franchise Center:

The My Franchise Center Web site helps people to find important information about franchises - what is a franchise, where can you get one and the advantages of buying a franchise. By taking five minutes of time, anyone can learn the basic things they need to know about starting in the franchising industry. The team at My Franchise Center tries to provide the best services for their customers.

Any person who is interested in franchises can learn more about them through the Web site. My Franchise Center also provides assistance on any level, and great customer service overall. The information on the site is continuously being updated, so customers will never be left behind.

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