Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Small Business Franchises That Save Clients Money During Recession

Small Business Franchises That Save Clients Money During Recession

Recession has historically, and lately, had a number of profound effects on the way Americans live life. It changes the way Americans invest and save their finances, it changes how much people are willing to risk employment security for pay increases or lifestyle changes, and perhaps more than anything, it changes American’s spending habits. Because recession makes money tight, or at least threatens that it will soon be in short supply, people begin to cut back on the non-essentials and seek every possible means of expense reduction on the necessities. Whatever the particular reason for someone to reduce expenditures, the fact is that they are, and any business, franchise or otherwise, that can help them save their hard-earned, economy-threatened cash is likely to do well in this turbulent time.

Private Tax Preparation

Every year, individual Americans spend roughly $9bil on tax preparation services. That dollar figure comes out of the pockets of an estimated 62% of the American population, or 187,000,000 people. Few markets see such a large number of people within their reach, and there are probably only a few simple reasons that there are so many seeking tax preparation services each year. First, taxes are something that aren’t a choice; by the decree of Uncle Sam, every American must pay them or face the penalties for tax evasion. Second, although a person could file his own tax return, and some do, many Americans either haven’t the time or the skill to do it. Finally, one of the foremost reasons that people hire someone else to prepare their return is that they trust a professional to be better equipped to take advantage of all possible tax breaks, saving them money.

Aside from the current recession, tax preparation is a high-demand business, but particularly in light of our current economic malady, starting a tax-service franchise business is a great idea. Here are two franchises that afford just such a money-saving and money-making opportunity.

Expecting no previous tax experience from its franchisees, Roni Deutch Tax Center is a flexible yet lucrative franchise opportunity for entrepreneurs versed in management and customer service. The franchisor is both able and willing to teach new franchisees how to prepare tax returns and how to market their businesses, as long as they come with a willingness to learn. Once the franchisee is up to speed with everything he has to know to operate the franchise, he has some options, the largest of which being whether to operate a seasonal or year-round business. Unlike so many other tax preparation establishments, Roni Deutch Tax Center allows franchisees to decide whether they only want to be open during tax season, providing only that one service, or remain open throughout the year and offer other services to their clients as well. Options are good, and Roni Deutch Tax Center provides plenty of them.

Roni Deutch Tax Center isn’t the only name in the tax business, however; Liberty Tax Services and Liberty Tax Services Canada are two recognizable names in the industry. Liberty Tax Services is acclaimed as the fastest growing international tax-service franchise in the world, touting over 2,700 offices in the US and Canada. Led by tax icon John Hewitt, who has been recognized as one of Accounting Today’s 100 most influential accounting professionals, the leadership of this company has a combined total of 400 years of tax-industry experience, making them one of the most trustworthy lead staffs in the world. Mixing cutting-edge tax technology and simple customer service, Hewitt and his worldwide franchisees are changing the face of tax preparation.

Consumer Savings

As strange as it may sound, there are business opportunities in helping the "Joe the plumber’s" of the world spend less on their daily needs. People see many of these opportunities every day, often without even recognizing that someone is profiting from discounts offered at someone else’s retail or food business.

If you’ve ever received in the mail a small packet of coupons to local businesses, you already have a good idea of how a home based business like SuperCoups works. The SuperCoups franchisee takes on the task of selling coupon space to local business owners in his protected area. That means making calls to local businesses, getting out and "pounding the pavement," targeting the best places in the mailing for each advertisement, and ensuring that your clients are getting their money back in sales that the coupons stir up. The best part is that when it comes to actually printing the mailer, the franchisee only has to send the order away to central HQ for printing and mailing.

Business Financial Services

Private citizens, though, are not the only ones trying to save a dollar wherever possible; businesses are hoping to do the same, because in some regards, the recession is hitting them the hardest. What it really boils to is that our current recession began with the banking industry, which has begun to eat away at the business sector, and that, in turn, is what is now really affecting individuals.

Therefore, a small business that helps fish other businesses out of financial trouble is a great aid to everyone, and Global Broker System is one of those helpful financial small businesses. One of the biggest problems facing small business today is the inability to get decent financing for growth, or even just for upkeep, but that is precisely what Global Broker System franchisees offer: relationships with good lenders who can help get smaller operations up and running again with lease financing, working capital loans, business acquisition financing, and more.

Using Trends to Your Advantage

It’s never easy to start a new business, especially with recession looming overhead, but knowing market conditions can help show you what industries are available and may actually be doing well in spite of, or because of, the market. For the time being, finding a business for sale in finance is a good move because finances have become such a hot-button issue.





Small Business Franchises That Save Clients Money During Recession - To learn more about this author, visit Candice Clem's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
John Power
John Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website

Anne Barr
Anne 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

John Brennan
John Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website

George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website

Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

Cheryl Matthynssens

Cheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur.  Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well.  A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles.  She opened up a small affiliate site - The Balance Guide-  to help others find resources for mental and emotional well being.  Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com

- Visit Cheryl Matthynssens's Website

John Alexander
John has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center.
I look forward to hearing from you! - Visit John Alexander's Website

David Barr
David 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


To learn more about the Evan Elite Author Program please contact us.

About The Author


Candice Clem
(Visit Candice's Website)

Candice Clem is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Candice Clem's

Complete
List Of
Franchises
Articles

Name
Email
If you enjoyed this article, get Candice Clem's Complete List of Franchises Articles For FREE!

More Candice Clem
How to Find The Right Small Business Franchise Opportunity For You
Are You Considering Purchasing a Franchise A Look at Some Current Social Trends That Might Peak Your Interest and Profit
Hottest Franchise Business Opportunities For The Work From Home Mom
Put Past Business Experience To Use With A Work From Home Opportunity
How To Find Financing For Your Small Business Franchise
Hottest Small Business Opportunities For The Summer
Is a Low Investment Business Franchise Opportunity For You
Top Ten Business Franchises for Car Enthusiasts
A Day In The Life Of A Plan Ahead Events Franchisee
Hot Party Franchises For The Fun Entrepreneur
Free Downloads


 
 
 


Evan Elite Authors
David Barr  
Casey Gollan  
Stephanie Robey  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Maslow For Entrepreneurs Icon Maslow For Entrepreneurs
Write Marketing Plan Icon Write Marketing Plan
Measure Customer Loyalty Icon Measure Customer Loyalty
How To Work Icon How To Work
Selling Shovels Icon Selling Shovels
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Marketing Blogs
Top 50 Marketing Blogs
Top Marketing Blogs of 2010
 
Top 50 Blogs For Startups To Watch In 2008
Top 50 Blogs For Startups
Top Blogs To Watch In 2008
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Gifty Mensah Elmina, Ghana,
Gifty Mensah
Elmina, Ghana
SEO For Africa

If I Were A Startup...
Kerry Shapansky, $2.0 to $51 Mil in 5 years
Kerry Shapansky
$2.0 to $51 Mil in 5 years
Lee Segal, >1,800% Growth in 5 Years
Lee Segal
>1,800% Growth in 5 Years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Paul Newman, Newman's Own
Paul Newman
Newman's Own
Sam Walton, Wal-Mart
Sam Walton
Wal-Mart
Famous Entrepreneurs - Complete List

Entrepreneur Advice
David Allen, Getting Things Done
David Allen
Getting Things Done
Seth Godin, Ideavirus Author
Seth Godin
Ideavirus Author
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)


Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information