Franchise sales jumped from 2,000 to 20,000 units per year over the past decade, drawing in baby boomers. Exit-planning professionals are growing fast too: a 23% year-over-year increase, with 70% growth over three years, and they're handling more clients than ever.
And the same thing, talking about the stats, in a 10-year period, the United States went from selling 2,000 franchises a year to selling 20,000 franchises a year. So that is where a lot of boomers wound up as business owners, you know, in a turnkey thing where they could be trained to run a single-owner business. Some of that tsunami is coming or is here. Certainly the exit planning profession, our last survey showed, I think a 20— I have it here, 23% increase in one year in the number of people claiming exit planning as part of their profession, about a 70% increase in the last 3 years. And yet all of them are saying that their business is increasing. So there's a lot more of them out there and their practices are filling up.
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