Fight Recession For Yourself And Others With A Management Franchise Business
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Many people make the mistaken assumption that buying a small business franchise means signing your life away to doing the same mundane tasks, day in and day out. Some franchises work that way, but businesses like that are clearly marked as such, and only those who want a franchise that puts them in continual hands-on-contact with the work purchase such businesses. The average franchise business, however, is not looking for an owner/operator, but a manager who will take the business model and work within its structures to grow the business, while letting others do the day-to-day, hands-on work that the customer receives.
Interestingly, this kind of operation, commonly called a management franchise, is an amazing opportunity for business success, local job-market expansion, and economic stimulation, even in the face of recession. Why? In simple terms, taking advantage of a management franchise opportunity in a solid market establishes a trustworthy source of income for the franchisee and others, which ultimately helps the economy.
Personal Income
Of course, the most obvious benefit of starting a franchise is the earning potential for the owner, and with management franchises, the earning potential is definitely there, because instead of being restricted to an income that he can produce with his own two hands, the franchisee makes profit off what’s made by an entire staff. What’s more, because a franchise comes with a fully developed business model that has already proven successful in a number of different places and circumstances, there’s a good deal more security in opening a franchise than there is in starting a small business from scratch, particularly in a dwindling economy.
Some franchises have been around so long that their business plan can be considered effectually flawless, and they’ve established themselves enough in the market that recession would have to be become full-on depression to have any significant impact. This has historically been the case for fast food establishments like Kentucky Fried Chicken and Arby’s. With long-time business plans that have been tested from coast to coast, and marketing schemes that are recognized the world over, there has not yet been any real threat that economic shifts have posed to such companies. Recession or not, the fast food industry manages to stay ahead in the United States.
Even if a franchise operation doesn’t yet have the fully developed track record that instills instant faith, some management franchises are built on industries that many professionals consider recession-proof. Car repair and home repair are two that are often mentioned as being resistant to the effects of recession. Because the car and the home are two of the biggest investments that people make, keeping those investments in good shape is something that all home and car owners are willing to pay for in all economic climates. For this reason, choosing to purchase an automotive business like Techna Glass, one of the most trusted names in auto glass repair, or AAMCO, the largest transmission franchise in the United States, is a brilliant plan. Or for the franchisee skilled in home repair, Mr. Handyman is ranked by Entrepreneur Magazine as the #1 handyman franchise in the US. And as it turns out, even home inspection businesses, like the home based business National Property Inspections, survive well in recession, because particularly when the housing market is declining, sellers and buyers both become far more concerned with the quality of the home, thereby warranting multiple inspections.
Choosing to start a business during a recession may seem like a dicey maneuver, but it really isn’t the extreme risk it appears to be, especially if the business in question is a franchise. And in fact, opting for a franchise business is not only a safer bet than starting an independent operation; it’s often a safe bet, and one that has benefits for more than simply the business owner.
Community and National Effects
According to economists, one of the primary causes of economic recession is unemployment. In the United States, 99% of all businesses are small businesses (meaning that they have fewer than 500 employees, and most actually have less than 20), and those businesses employ over half of the nation’s working population. With investors becoming less and less willing to provide loans to small businesses, as opposed to larger corporations that have vast amounts of capital and credit to work with, small business owners are having to let employees go in order to cut costs, which is only deepening the recession problems locally and nationally, as unemployment continues to rise in both.
Franchisees who are willing to invest themselves and their money in franchised, management business opportunities are using tried and true businesses and operation models to provide jobs. Local individuals and families employed by new franchise owners benefit once more from a steady paycheck, then the money that they have earned and then must spend begins to find its way into circulation throughout the local economy. Because of the management franchisee’s business endeavor, individual people are benefited with an income again, and small communities see bits of economic growth.
Ultimately, as small businesses profit their owners and incite these simple kinds of changes in their local areas, the nation must follow suit as well. If unemployment is a catalyst to recession, employment must therefore be its antidote, so the more small business franchises that crop up, hiring employees along the way, the better state the whole nation will finally be in.
Fight Recession For Yourself And Others With A Management Franchise Business - To learn more about this author, visit Candice Clem's Website.
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Dave KurlanDave Kurlan is a best-selling author, top-rated speaker and thought leader on sales development. He is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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Michiel JonkerAs a Certified Information Systems Auditor, Michiel assists businesses in a professional capacity by evaluating the threats to their businesses. He acquired the necessary knowledge, skills, and techniques to minimize a business owner’s risk of business failure and to maximize his chances of high growth and success. He strongly believes that you CAN maximize your chances of business success, by implementing the business solution he has advocated for more than 12 years in your business plan and planning. Michiel has decided to share his experience with business owners by putting almost everything he knows in a business plan and survival guide (compiled in an e-book format) and written as a high growth SMB coaching course for SMB business owners, directors and managers - titled as the “Survival Kit for Small and Medium Businesses - Profit from your Business Risks!” According to Michiel, his goal was to add new techniques to a business owner’s business planning survival kit and instruct him or her in using these in the future - without any help from a consultant! For more information about the benefits of implementing profit protection planning in your business, please visit: http://www.business-around-the-globe.com - Visit Michiel Jonker's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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