According to the most recent ADP National Franchise Report, franchises had another strong month of job creation with nearly 31,000 new private sector jobs added in April. This report comes on the heels of 30,772 new franchise jobs created in March. With these numbers, franchise job growth over the past 12 months continues to outpace that of the overall economy, according to Ahu Yildirmaz, vice president and head of the ADP Research Institute.
So, what does this mean for you? Too often people wait for validation from the market before taking action and by that time the market is booming, most of the best locations have been taken and rents are high. The best time to take advantage of the opportunity and establish your business is at the first signs of a recovery, get in before the crowd and benefit as the economy continues to improve..