Franchise Trends for 2011

Guest post by: Anne Barr
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Transfers vs. New First Time Franchisees - By Anne Barr

The franchise industry has been hit hard by the credit crunch and serious lack of traditional funding for small businesses and in particular franchise startups.

The downsized corporate executives are finding fewer job opportunities and practically none in their area of expertise and/or their former level of pay. Many are now turning to business / franchise ownership to close the gap between where they are now and retirement. Often retirees are turning to franchise ownership because their net worth has been dramatically affected by the economy.

Of the thousands of franchises in today's market, several are poised for great growth in 2011 and beyond. Business coaching franchises, such as Action International, are greatly needed to assist business owners with better management, growth solutions and customer service innovations. Stress relievers (now more than ever) such as Massage Envy and others are experiencing record growth. Children educations franchises are producing steady growth and "niche" franchises that offer a different or unusual service such as Senior Magazine and Cybertary provide a great opportunity at a reasonable total investment for the right candidate.

Franchise opportunities are numerous and the turnkey investments are all over the board. Just remember the cost of the franchise has no correlation to the money it can earn.

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Transfers vs. New First Time Franchisees - By Anne Barr

About the Author: Anne Barr

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Anne Barr has over 32 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.
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