Article contained within: Videos and Podcasts, Video: Advice on Buying a Franchise in a Downturn
Video: Advice on Buying a Franchise in a Downturn
FranchiseSales.co.uk chairman Marcus Markou visits the British and International Franchise Exhibition to ask the question - is now the right time to buy a franchise?
The economic downturn appears to be having little effect on the franchise industry as it continues to grow. Last year, 91% of franchisees reported a profit. Hear from franchisors in all sectors including the automotive and health & fitness industries discussing the positive sides to buying a franchise and how the downturn is affecting, or rather not affecting their businesses.
If you are looking to become your own boss, buying a franchise is the perfect way to get started in business. In the current climate, people are looking for new avenues in which to invest savings and also redundancy payouts, and franchising is proving to be an attractive opportunity.
You have the entrepreneurial freedom of running your own business, while also enjoying the added security of working under a widely recognised, experienced parent brand that provides training and support every step of the way.
There's also positive news from the Head of Franchising at Lloyds TSB, who explains that franchising has gone from strength to strength.
Now really is the perfect time to invest in a small business opportunity.
