Recently, I heard the phrase, Window of Opportunity, and I thought, boy, does that apply to franchising and it applies right now. Turning crisis into opportunity is what many unemployed professionals will seek to do in 2021. One way to do that is to explore the small business opportunities available through a franchise.
Through the pandemic and beyond, franchise businesses will fare better than independents, if history repeats itself. According to Franchise Direct, “The 2008-2010 recession took a toll on the U.S. economy even though franchises fared better during the recession than most other retail chains and small businesses… After the recession ended, franchises successfully rebounded and have continued to thrive.”
A ready workforce, access to capital at low rates, a variety of franchise businesses to choose from and a desire to leave the corporate rat race permanently are driving a similar trend now. This could be a once in a lifetime window of opportunity.
If you want to catch this window to create a new future for yourself, I’d love to guide an exploration of what franchise opportunities could be a good match for your interests. Call today, 925.642.9976.