There are opportunities beneath the dark clouds looming over today’s economy. You just have to know where to look. With daunting economic statistics like unemployment rising, long-standing companies closing and homeowner foreclosures reaching an all time high, it’s time for a new way of thinking for the American worker – a shift in the way we plan for, and secure, our futures.
Taking control of our lives through becoming self-sufficient is now the new way to reach the America dream of living with long-term financial freedom. The opportunities lie in the statistics. And the statistics show that as economic indicators plummet, the rise in business ownership increases.
But why go it alone?” Consider franchising. You can minimize the risks associated with opening a start-up business or “going it alone,” by aligning yourself with established franchise concept. According to Price Waterhouse Coopers, the U.S. has over 3000 franchise companies and has over 900,000 individual franchise units. Overall, the success rates of franchised businesses compare well to non-franchised startups.
A desire for more control of their lives has led many individuals to look at franchising as an investment into their future. Franchising can be rewarding and lucrative – when you find the right business concept that meets your lifestyle, goals and needs. It can be a springboard that allows you to become an entrepreneur in less time, limiting the multiple barriers first time startup business owners often face.
I’ll be discussing the myths and benefits of owning a franchise in this blog over the next few months. Don’t hesitate to join in on the conversation. I look forward to participating in an informational discourse on why franchising can be a great investment for your future.