L91355 | L91321 | L91381 | |
---|---|---|---|
current | 575 | 475 | 81 |
new | 57 | 52 | 21 |
632(50%) | 527(42%) | 102(8%) |
L91355 | L91321 | L91381 | |
---|---|---|---|
27(52%) | 15(29%) | 10(19%) |
L91355 | L91321 | L91381 | |
---|---|---|---|
38(38%) | 52(51%) | 11 (11%) |
Young retail franchisees only | Young retail independents only | |
---|---|---|
1987 net income (mean) | -$15,877 | $10,368 |
% of firms still operating in late 1991 | 61.3% | 73.1% |
Franchises | Nonfranchised firms | |
---|---|---|
g744A. Firms in all industries | ||
1987 sales (mean) | $440,391 | $86,489* |
1987 net income (mean) | $-4,501 | $15,511* |
Total financial capitalization at startup (mean) | $94,886 | $29,319* |
% of firms in retailing | 38.6% | 16.5%* |
% of firms still operating in late 1991 | 61.9% | 68.1%* |
g744B. Firms in retailing only | ||
1987 sales (mean) | $911,522 | $130,371* |
1987 net income (mean) | -$15,877 | $10,368* |
Total financial capitalization at startup (mean) | $146,139 | $45,966* |
% of firms still operating in late 199 | 161.3% | 73.1%* |
*Trait differences between the above groups are statistically significant at the .05 significance level.
Source: CBO database.
All Franchisees | All Independent Firms | |
---|---|---|
g744A. Young Firms Purchased from Previous Owner (Ongoing Firms) | ||
1. Operating, same ownership52.4% | 68.1% | |
2. Operating, new ownership | 15.2% | 13.7% |
3. Discontinued by 1991 | 32.4% | 18.2% |
g744B. All Young Firms | ||
1. Operating, same ownership | 54.2% | 62.4% |
2. Operating, new ownership | 7.7% | 5.7% |
3. Discontinued by 1991 | 38.1% | 31.9% |
g744C. Young Firms Started as Births | ||
1. Operating, same ownership | 56.1% | 61.5% |
2. Operating, new ownership | 2.6% | 4.3% |
3. Discontinued by 1991 | 41.3% | 34.2% |