The Entrepreneur’s Source Reviews the Role of Franchising in Today’s Economy
The Entrepreneur’s Source Reviews the Role of Franchising in Today’s Economy
Franchise businesses are expected to grow faster and create more jobs than the rest of the economy again in 2014, according to research released today by the International Franchise Association Educational Foundation.
Small businesses – in this case franchising – are a primary engine of job growth in our country today. Franchising contributes to job growth, and small business owners are helping to boost the economy and drive economic growth—not the giant corporations.
Franchising is vital in the growth of today’s economy, contributing over $780 billion annually in total economic output. It can also be a key contributor for job growth both nationally as well as locally, and many states are offering different incentives for business owners to get started.
Many franchises offer excellent small business franchise opportunities for veterans, minorities, women and recent college graduates interested in startups or established franchise opportunities offering incredible financial incentives.
Share this post:
Related Posts
Your Trusted Resource for Career Ownership Coaching™ for helpful hints, best practices, anything related to career ownership.
Reinvention Is a Skill.
For more and more people, getting back to work is no longer a straight path. Instead, it often means making a change. People are switching industries, learning new skills, finding different ways to earn money, and more often, starting their own businesses. Journalists now call this the reinvention economy.
The Age Stereotype
When people talk about age bias at work, the focus is usually on technology. Many assume that experience and adaptability cannot go together, and that the person who knows the most about the job is often seen as the least able to do it differently.
Change jobs. Change paychecks. Not who’s in control.
In March, a frontend developer with ten years of experience found out his company was closing. He had a wife and a two-year-old son. A few months before, he tried to find a second job but had little luck. He already knew enough about the programming job market to understand what he was facing.