Small Businesses in the U.S. Economy
Small businesses play a vital role in the U.S. economy. They account for over half of all sales and the vast majority of new jobs in the market. Their combined benefits are essential to a profitable economy.
However, small businesses and the markets they function in can be volatile, with many independent start-ups failing within a few years. Franchises historically perform better than other small businesses, thanks to the support franchises receive. By looking at other franchises within their company, a home care franchise owner has a point of reference for marketing , sales and other efforts.
For a full look at small businesses and how they function in the U.S. economy, see the infographic below.
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Please refer to our most recent Franchise Disclosure Document for important details.