Here is one that might leave you scratching your head . . . or then again, maybe not. Several Business Consulting Franchisors have reported a slight improvement in the number of people interested in their respective franchise concepts over the last several (dismal economic) weeks. While many franchisors (across all industries) are clammoring for new franchisee recruits, some are even presenting offers to entrepreneurs that are almost uncomprehensible (2 for 1 deals, no franchise fee at all, lower royalties, etc.).
Really, this just leads back to the old argument, does franchising experience an upturn or downturn when the economy heads south?
Without question, the downturn over the last year or so has effected pretty much everyone in the franchise industry. If we are slowly turning the economic corner (for the sunnier side again) then maybe there exist those investors that think it might be a good idea to be in the business consulting side of things. While its hard to say if this will be the case, its easy enough to find investors scratching their heads right now . . . stay tuned.
Really, this just leads back to the old argument, does franchising experience an upturn or downturn when the economy heads south?
Without question, the downturn over the last year or so has effected pretty much everyone in the franchise industry. If we are slowly turning the economic corner (for the sunnier side again) then maybe there exist those investors that think it might be a good idea to be in the business consulting side of things. While its hard to say if this will be the case, its easy enough to find investors scratching their heads right now . . . stay tuned.
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