Franchise job market posts strong gains

Tire_Business_dot_com_LogoAn article in Tire Business notes that “Throughout 2013, the franchise industry added 229,000 new jobs, which represents nearly 11 percent of all new jobs created in the U.S., based on our data. Year over year, the rate of employment growth among franchise businesses was 2.9 percent, outpacing the national average of 1.9 percent by a full percentage point.”

“We’re pleased to see continued growth in jobs and business opportunity in the franchise sector,” notes Norris Lozano, CEO of BusinessUS, a national non-bank lender with a focus on franchise lending. “Supporting franchise growth will continue to be a focus of our work at BusinessUS.”