[Congressional Record Volume 163, Number 148 (Wednesday, September 13, 2017)]
[House]
[Page H7378]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1845
NATIONAL FRANCHISING DAY
(Mr. RUSH asked and was given permission to address the House for 1
minute.)
Mr. RUSH. Mr. Speaker, I rise today to invite my colleagues to join
me in supporting my resolution expressing support for the establishment
and designation of National Franchising Day.
Franchising is an important tool to bring jobs to communities around
our country. The franchise business model, in fact, is the largest
vocational training industry in America and is responsible for directly
creating 7.6 million jobs and influencing the creation of 13.3 million
jobs in the United States.
Franchising is an industry of entrepreneurs, many of whom are small
businesses. These entrepreneurs have directly contributed $674.3
billion in economic output to the U.S. economy, and the franchise
system, as a whole, has generated $1.6 trillion of economic input. In
short, Mr. Speaker, it is clear how significant a role franchises and
the people who operate them play in our economic landscape.
Mr. Speaker, I ask that my colleagues support this bill. Franchising
is one important tool to make the American Dream happen.
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