Hello all,
So I went surfing today on the International Franchise Association website and found a very nice article on how people are turning to Franchises when the economy gets bad...
This particular story is based on franchise owners in Michigan (at mlive.com, Everything Michigan). It was written by Shandra Martinez at the Grand Rapids Press.
Shandra Martinez did a very good job of displaying how the franchise industry is continuously growing and is pretty much recession-proof. She also showed a bunch of examples of franchisees that left their old professions (i.e. teacher, salesman, marketer, etc.) and moved around and borrowed finances to start new lives through franchising.
Franchising really is a powerful thing. Whether you franchise your company (through Francorp!) or buy a franchise, you are buying into the success of a system (franchise system). Systems promote efficiency. Who doesn't want to be efficient?
(note: if you would like to check out the article for more information, please visit http://www.mlive.com/grpress/business/index.ssf/2008/11/for_economys_casualties_franch.html ), compliments of the IFA.
Also, you can check out Francorpconnect.com if you are interested in buying.
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