For the franchise industry, access to capital continues to be t

For the franchise industry, access to capital continues to be the number one challenge facing our ability to grow and create jobs. While the franchise industry is forecast to grow 2.5 percent in terms of jobs and new establishments in 2011, a host of factors are holding back the ability for franchise businesses to truly accelerate job growth to their full potential.

In the video above, The Wall Street Journal's Sarah Needleman discusses her story today about the owners of many small businesses who say access to credit, economic uncertainty and inflationary pressures have led them to delay hiring and capital expenditures.