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The FTC approved the use of the UFOC as an alternative to the FTC’s disclosure requirements later that year. — By 1995, the new UFOC Guidelines were adopted by each of the state franchise regulatory authorities that require registration of franchise offerings.
After Chairman LaFalce lost the Chair of the Small Business Committee in 1995, the prospects for successful passage of the bill became remote, although efforts are ongoing.
F. The Current Status and Reasons for New Growth – 1996 to the Present
In a 2004 study conducted by Pricewaterhouse-Coopers (for the International Franchise Association Educational Foundation) on the economic impact of franchised businesses, more than 760,000 franchised businesses exist in the United States and they generate some $1.53 trillion each year.
Boston: McGraw-Hill Irwin, 2004.
Doehrman, Marylou. "Pros and Cons of a Franchised Business." Daily Record and the Kansas City Daily News-Press, 3 January 2005: 1.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CBX Corporation | - | $2.3M | 8 | 7 |
| Trepp | 1979 | $25.0M | 147 | - |
| Callahan & Associates | 1985 | $7.1M | 22 | - |
| National Birth Defects Center | 1982 | $36.0M | 50 | - |
| Eli Global | 1991 | $52.9M | 174 | 7 |
| Marketocracy | 2000 | $1.3M | 15 | - |
| Foundation Source | 2000 | $2.2M | 50 | 1 |
| Briefing.com | 1992 | $6.3M | 53 | - |
| Growthink | 1999 | $1.6M | 45 | - |
| MoneyShow | 1981 | $7.6M | 58 | - |
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