Franklin is well-positioned for industrial growth due to the acreage available at Pretlow Industrial Park. It is publicly owned and located directly off Highway 58. The property is zoned M-2 Heavy Industrial, located in an Enterprise Zone, has a 500,000 gallon water tower on site and the option for natural gas to be extended to the park.

The Franklin Business Center is another key proponent for local business success. The building is a 40,000 square foot restored mixed-use incubator serving startups and expanding businesses. The Business Center has office space, support staff and many programs available. It also provides hands-on management assistance, access to equipment, and exposure to critical business and technical support services all under one roof.