6. In a study conducted by the University of Louisville, the report showed that “franchising not only participated in, but helped to lead America out of its economic downturn”.
8. Albert Singer (Singer sewing machines) is credited as being the father of the modern-day franchise model. He was the first to develop a franchise contract in the mid-1800s, so he could distribute his sewing machines across the country.
Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise offerings are made by Franchise Disclosure Document only.