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The outlook for franchising is great. A new franchise opens up every eight minutes in the United States. According to the International Franchise Association, franchises currently make up 40 percent of all sales by U.S. businesses. Also, there are many franchises that started in the United States that have satellite operations all over the world. If you like to travel, opening a franchise in another part of the world could be for you. There are many additional opportunities for minorities and women in the franchise industry, including low-interest loans and financial aid.

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