Has the COVID-19 pandemic affected you or your family’s finances or job situation? If so, you are certainly not alone, and a franchise ownership opportunity may be the perfect choice for you to take advantage of the latest upswing in the U.S. economy.
With 40 million Americans unemployed, with endless layoffs resulting from the COVID-19 pandemic, there has been a major shift in thinking about business ownership in the U.S. And among the options of owning your own business, a franchise opportunity is a smart choice because it comes along with a proven business model with a recognizable name associated with consistency consumers can rely on. Because of this, venturing into a franchise opportunity poses a lower risk and a more efficient path to profits in comparison to most other business models.
Being a franchisee has many benefits. Even though you have the independence of being your own boss, you also have the support from the larger brand you represent. Franchisees have been able to adjust to the ever-changing demands of the pandemic as a result of support from the companies they franchise with. From updating to drive-thrus and pick-ups to instating new health and safety measures, and everything in between, franchisors have made sure franchisees are ready and equipped. You can expect the same going forward from franchisors, in regards to COVID regulations or anything else. Your success is their success, so the support is strong.
Franchisors also have proven business models and training programs that make it easy for new business owners to adjust quickly to the new lifestyle of being a boss. If you suffered financial losses this past year or took stock of what makes you happy and where you see yourself going forward, then a franchise opportunity could deliver satisfying rewards personally, professionally, and financially. Brand recognition also is a draw, especially for times like now when people are seeking that which is familiar, comfortable, and reliable. [question: what is the previous statement based on?] In essence, they want to do business with brands they can trust.
FranSave is here to guide you along the franchise ownership process. If you are interested in learning more about franchise opportunities that could work best for you, please feel free to reach out to FranSave at 844.476.7776.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. Franchise offerings are made by Franchise Disclosure Document only.