The overall economic forecast may be uncertain, but experts predict that franchising’s strong growth will continue through 2022 and 2023. As one of the fastest-growing franchises and a leader in the automotive aftermarket franchise sector, Tint World®’s proven franchise model can help passionate franchisees achieve their dreams of financial freedom, even during today’s unpredictable economic climate.
In fact, two new reports reveal that franchise ownership is a key driver of today’s global economy and a durable and reliable investment for small business owners who want to make a positive impact in their communities.
According to research from the International Franchise Association and Oxford Economics, franchise businesses deliver important support of local economies and communities through ownership, hiring, and supply. The franchise industry serves as a powerful alternative to the multi-unit company-owned business model, with franchisees owning and operating small local businesses.
In addition, the IFA/Oxford reports says, “franchising offers a path to entrepreneurship to all Americans, but particularly to first-time owners and women.”
A separate IFA report indicates that franchising will continue growing in the U.S. according to nearly every meaningful metric, including revenue, employment, and number of franchise outlets. “Bolstered by both the strengthening labor market and steady consumer spending, franchising is expected to continue to expand, trending upwards with the United States’ overall economic progression,” that report reads.
Don’t let an unpredictable economic outlook keep your dreams of owning your own business in check. Franchise opportunities offer financial security and freedom while minimizing the risk associated with starting a business from scratch.
To learn more about Tint World®’s franchise opportunities, visit https://www.tintworld.com/franchise-opportunities/next-steps/.
