Franchise Industry Continues to Draw Workers Wanting to Control Their Future
It seems no matter where one turns these days, they are getting the same message from the business world: workers are taking their future into their own hands and joining the franchise industry. It’s no wonder. In a time when unemployment knocks on the 10 percent figure, and when virtually every industry is being hit with uncertainty, even those who have a job are considering controlling their own destiny.
Time and again, it’s proven that franchising offers the best of both worlds: a chance to own a business while enjoying the support and methods of a franchisor. It’s no wonder that nearly 95 percent of franchise businesses succeed while fewer than 10 percent of standalone business start-ups do.
Here are a few articles that we noticed in recent weeks, most reporting on the franchising strength on a local or regional area, including some of the hardest hit in the recession:
One unemployed worker’s story of franchise success
From Smart Money
The current economic downturn is shaking major corporations to their core, but a growing number of employees are no longer content to let someone else determine their future. Does that describe you? First Prize Franchise represents more than 400 outstanding franchise opportunities, including many that are recession-proof. We’ve recently placed laid off workers into outstanding franchises, some within their own field while others have an opportunity to pursue something they’ve always been passionate about.
It should be noted that this has been a consistent element throughout this recession, something that we noted earlier this year.
Even if your expertise does not directly translate into a franchise, strong management skills, a good business mind and a passion for the challenge can lead to success.
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