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Many individuals seek out franchising because they want to take control of their lives and put their talents and efforts toward making a positive difference in the world.
There is no doubt that women make great franchise owners. They are dedicated, motivated, organized and often possess strong communication and interpersonal skills; all qualities that are vital to growing and managing a franchise business.
The trend is clear. Americans have fallen in love with their pets and are spending more than ever to keep their furry and feathered friends happy. It’s no wonder that franchises are popping up to take advantage of this $55 billion dollar industry.
That’s right, billion with a capital B.
Successful franchise owners usually have certain personality traits in common. They are disciplined and motivated, possess strong leadership skills, are determined to succeed, can think on their feet and make tough decisions when necessary.
America’s Baby Boomers are starting to reach the age of retirement, joining a senior citizen population that is already living longer than any previous generation before it. The result is a U.S. population where one out of five citizens are now over the age of 65.
Realtors are fond of saying that the three most important factors to consider when buying a home are, “Location, Location, Location.” The same holds true for franchises.
If your customers can’t find you, they’ll never walk through your door and purchase your merchandise. Once you’ve been approved for a specific franchise, it’s time to concentrate on where your new baby will exist.
You are the owner of a successful business that you’ve spent many years building up and perfecting. Your customers know your brand and appreciate the unique spin that you bring to your industry. You know that you could replicate your business’s success if you opened up additional locations, but who has the time and money for that?
If you consider a weekend under the hood of a car to be time well spent, then you may want to think about turning your automotive hobby into a career. I’m not talking about opening up your own auto shop. There’s no need to come up with your own business model and struggle to make a name for yourself. There are plenty established automotive franchises that are looking for motivated and talented franchisees to expand their brands.
Is An At-Home Franchise Right For You?
We all dream of waking up, enjoying a nice cup of coffee downstairs, flipping open a laptop and making a good income – all while lounging in our flannel PJs and bunny slippers.
As the baby boom generation edges closer to retirement, they are likely to re-define the concept. This generation is set to live multiple decades past retirement, and many will enjoy good health, mobility and strength in the twilight years. Additionally, the last couple of years of recession have hit the baby boomers hard, draining retirement accounts and wiping away dreams of living out the golden years on a tropical island beach.