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About National Franchise
Services
For over 30 years, National
Franchise Services, Inc. (NFS) and it’s president Ken Hollowell,
have been a leading franchise consulting, development and marketing
firm that has developed hundreds of franchise business.
Mr. Hollowell is a franchise expert, a frequent expert
witness, has developed over 730 franchise companies and sold
more than $100 million in franchises. Ken has extensive
knowledge on Federal Trade Commission rules on Franchising and
various state regulations.
Some current and former franchise clients include:
National Food Service Advisors, Merry Maids, Aamco Transmission,
Payless Auto Rentals, Bob Evans Family Restaurant, Spaghetti
Vendors, Terry’s Consignments, Classy Closets, The Connoisseur,
Staffing Masters, Chan Moneymaker Poker Academy, Dick Clark’s
American Bandstand Restaurants, Docuprep, Sunsplash Juices,
Hot Shots Photography and Club4Kids.
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Franchising is the American phenomenon for the
past 70 years. According to the United States Commerce Department,
franchising has a failure rate of only 3.7% while non-franchise
businesses fail at the rate of 65% to 85%.
Less than 6% of
businesses within the United States are franchise businesses, yet
they produce over 48% of the Retail Gross Annual Product.
Franchising has not only caught on in the United States, but 40
Countries now have franchise laws. It is estimated that by the end
of 2010, franchising will yield $2 trillion to our
economy.
More than 16 million people are employed by
franchise businesses, with an average of 8 to 14 employees per
business. Franchised businesses create more than 300,000 new jobs
each year.
There are an estimated 8,000 franchise companies
operating in the U.S. doing business through more than 600,000
retail units.
Seventy-five industries use franchising to
distribute goods and services to consumers. Average initial
investment level for nearly 8 out of 10 franchises, excluding real
estate, is less than $250,000.
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2005 National Franchise Services.| CONTACT US