New Jersey
New Jersey franchises employ 200,000+ people
Many individuals consider franchise shops and types as “large enterprise.” Many suppose that the native retailer with a franchised label is a part of an enormous firm and due to this fact not within the small enterprise class. Let me assist appropriate that notion.
Many of the franchise shops, eating places, and inns throughout New Jersey are in truth small “mother and pop” outlets run by households identical to yours.
In response to the Worldwide Franchise Affiliation, which represents greater than 775,000 franchise companies using greater than 8.2 million People, there are greater than 19,800 native franchise companies in New Jersey using greater than 200,000 individuals and producing roughly $22.9 BILLION in financial exercise.
The IFA is in New Jersey this week and the VP for state and native authorities relations, Jeff Hanscom, joined us on the present.
The group is in New Jersey to advertise a program referred to as “Open for Alternative” which is a part of a nationwide marketing campaign to focus on the alternatives offered in Franchising. One factor that stands out is the truth that veterans account for 7% of the inhabitants, however 14% of franchise homeowners.
The submit above displays the ideas and observations of New Jersey 101.5 discuss present host Invoice Spadea. Any opinions expressed are Invoice’s personal. Invoice Spadea is on the air weekdays from 6 to 10 a.m., talkin’ Jersey, taking your calls at 1-800-283-1015.
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The 99 prime paying jobs in New Jersey
How a lot do you make? These are the occupations in New Jersey with the best median annual compensation. Source: Federal Bureau of Labor Statistics, 2022