Good Time for Franchisers
Opening a franchise of a popular chain can be a great way to become involved in small business, and a recent report indicates now is a great time to try franchising.
The Small Business Leading Matrix, which was developed by IFA and FRANdata, shows that franchise opportunities are growing. The report shows that many banks are willing to lend to franchisers right now. This is good news since it is projected that franchises will need $11.7 billion in capital this year.
Also the report points out that with the unemployment rate still high, many individuals out of work are showing interest in franchises. If you are out of a job opening a franchise might be a great option for you.
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