“National Franchise Appreciation Day”

August 31st, 2018 has been marked as National Franchise Appreciation Day, a day to help build awareness of the franchise business model and the contribution these businesses make within the communities in which they operate.

Appreciation for franchising should not just be a highlight on this day, but a recognition each and every day. After all, according to the economic forecast report distributed by the International Franchise Association, there are approximately 745,000 franchise establishments in the United States with a 1.9 percent growth rate predicted in 2018. The franchise sector is expected to contribute about 3% of the nation’s GDP in nominal dollars in 2018, and it is predicted that the franchise sector employment growth will outpace the rest of the economy.

But what is a franchise?

A franchise is an opportunity to own and operate an independent business utilizing a recognized brand name with a system and framework for operating such a business. Franchises take advantage of the support and programs offered by a franchisor.

Why Invest In A Franchise?

Starting a business on your own certainly has its pros and cons. However, according to Entrepreneur Magazine, statistics show that 25 percent of start-up’s fail within their first year, 50 percent of the remaining fail within five years and approximately only 30 percent of the remaining last ten years. Whereby the purchase of a Franchise with an established brand and system may help to reduce the risks of a business start-up.

Why Franchise With The Vanguard Cleaning Systems^® Brand?

Founded in 1984, the Vanguard Cleaning Systems® organization is built upon over 2,500 independently owned and operated franchised commercial cleaning businesses, which are licensed and supported by an Area Franchise network of more than 50 independent regional offices throughout North America. Vanguard® franchised commercial cleaning businesses service over 15,000 businesses, healthcare companies, educational facilities, and non-profit organizations.

To learn more about franchising and opportunities available to own and operate a commercial cleaning business under an established brand, or to grow your current commercial cleaning business with the support from a local organization contact your independently owned Vanguard® Area Franchise regional office.