Franchise growth is surging in the personal service segment.
If you’re looking to start your own business, franchising is increasingly becoming the best choice.
According to the ADP National Franchise Report, U.S. private-sector franchise jobs increased by 22,000 during the month of March.
In particular, the personal service franchise segment has seen a notable increase, which includes everything from spa and senior care to personal fitness services. Over the last year, job growth in this industry spiked 12.7%. Other franchise sectors with strong year-over-year growth include auto parts and dealers, with a 6.1% increase. Restaurants also saw a 5.3% increase.
“Accommodations experienced a second consecutive month of solid growth in March, while restaurant employment growth bounced back to its nine-month average,” said Ahu Yildirmaz, vice president and head of the ADP Research Institute. “Accelerating wage growth in the workforce may be helping to drive the gain in these two segments.”Click here to read the original article.