You may be wondering, who would commit to starting a business in the midst of a pandemic and economic volatility?
These FranNet clients (many in career transition) are looking beyond the current state of uncertainty and have said “YES” to franchise ownership in May 2020:
1. Childhood Education
Client Background: A practicing physician and her husband who has a background in engineering and recently left his 23-year corporate career
Why Now? This couple has strong desires to provide their local communities with excellent educational opportunities. They have two young girls and are looking forward to spending time with them. No longer will they miss any evening events, fun weekend activities or any major holidays!
2. Martial Arts Center
Client Background: Certified public accountant and assistant controller for a natural gas company
Why Now? After thorough exploration of numerous brands, this client was more than ready to move swiftly to scale a proven franchise that they feel fully vested in and have a passion for – empowering lives. The client was especially intrigued by the strong community aspect and leadership programs offered by this brand.
3. Fundraising & Athletics
Client Background: Operations background in manufacturing
Why Now? This client has three athletic children and has a passion for sports himself. He searched high and low to find the ideal franchise where he could spend more time with his family, appropriately use his transferrable skills, and one that possessed a strong financial return. This brand checked all those boxes.
4. Waste Management
Client Background: Air Force veteran who worked his way up in the cybersecurity world and became a CIO for 9 years
Why Now? In the wake of COVID-19, this franchise was booming and resonated well with the client because it is a true semi-absentee concept. He knew this was a scalable, niche opportunity that’s proven to be recession-resistant.
5. Home Cleaning
Client Background: A Business Development Executive and his wife who is a Graphic Designer
Why Now? These clients loved the environmentally-friendly and sustainable cleaning model of this brand. They recognized that there is an especially huge demand and opportunity for this sector since COVID-19. The couple was also drawn to the idea of being in their community getting to know other business owners.
6. Home Restoration
Client Background: Application Development Manager for a retail chain
Why Now? These clients liked the fact that this brand provides needed services and opportunities for recurring income. It is a low investment, home-based, recession-resistant franchise. This franchisor even hosted an effective and informative virtual discovery day!
7. Swim Safety School
Client Background: Director of Serve Ministries in a prominent church where he also serviced as a youth minister
Why Now? This client was looking for an opportunity to build a strong financial future. With a background in helping those in his community, his transferable skills translate well to this type of business model. Joining this brand’s mission of saving lives was a perfect fit.
8. Signage & Display Advertising
Client Background: Director of Business Development for a multinational energy company
Why Now? This client was looking for an opportunity to build a strong financial future. Joining this brand’s mission of saving lives was a perfect fit. With a background in helping those in his community, his transferable skills translate well to this type of business model.
9. Fitness Boutique
Client Background: Electronics systems engineer in a large corporate environment
Why Now? As a native of India, this client wasn’t certain that the United States’ corporate culture would provide him the freedom and balance that he desired. Franchising with this particular brand allowed him autonomy, flexibility, income growth & diversification, more involvement in community outreach. For him, it was important to work in a space he and his wife were passionate about to build a legacy for their children they were proud of.
10. Lawn Service
Client Background: Worked in the oil and gas industry where he specialized in Sales and Business Development
Why Now? The client wanted a business that he could scale with his wife and eventually build a legacy for their five children to take over if they wanted. They knew this was a recession-resistant service that had true staying power for years to come.
When asked about moving forward during this time of unprecedented change, here are some of their shared insights:
Shark Tank’s Mark Cuban says now is a great time to be starting a business. Forbes agrees – “10 Reasons to Start a Business in a Down Economy.”
Let us know when you’d like to have a conversation about next steps to identify a stable and growing business opportunity that’s right for you. Connect with your local consultant online or call 1-855-979-7633.