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 June 2020: 1. Home Cleaning Client Background: Previous business owners with backgrounds in marketing Why Now? Businesses [...]
(While the following narrative reflects actual facts and events, the client’s names are withheld to protect their privacy.) This client was an Army Officer who left the service after a distinguished career. His military experience and educational background made him a good fit for one of the top National consulting firms. He spent the next [...]
With summer on the horizon, you might already be hearing complaints of boredom from your child or endless requests for money so they can go to the movies or mall with their friends. If your kid is desperate for something to do this summer—or if you’re desperate for a little extra help around the office [...]
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 [...]
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 April 2020: 1. Pool Care Service Client Background: A banking executive who works for a [...]
These are actual questions my wife asked me, NOT during the 2020 pandemic, but rather in mid-September 2001. The horrific 9-11 atrocity had just happened, the stock market was crashing and it was looking like the U.S. would be going to war with Iraq. Why would anyone in their right mind quit a lucrative senior [...]
I have invited you here to learn more about exploring career opportunities that don’t involve returning to the corporate world. Not everyone has thought about starting their own business as their career path of choice. For many, following a more traditional career, working up the corporate ladder has been their preference. With our current economic [...]
I am honored that you have looked to me as a trusted resource for honest insight about the business ownership and franchising industry in our community. As such, I feel an obligation to share these candid observations with you about the state of affairs in franchising in these unusual times. The Current Impact Although [...]
Without a doubt, the world is living through a challenging moment in real-time. The root cause of our shared anxiety is in direct proportion to the uncertainties we face as the global pandemic of COVID-19 continues. Will the infection rate slow down and case rates disappear? How long will this health crisis last? Will our [...]
Every prospective franchise owner is asking the same thing in the wake of the coronavirus pandemic: “Is this a bad time to open a franchise business?” The team here at FranNet always strives to not only be your consultant but your confidant. It’s important that we’re candid about the current circumstances not being the most [...]
