Molduras SorocabaVirtual EntrepreneurEthanol BusinessAcademia de Inglês 24h© BizOpBlogs

A Biz Out Of A Box

boxes

Sydney Morning Herald:

A franchise might promise a safe entry into business but things can pan out differently. John Kavanagh reports.

A conversation that is taking place around lots of Australian dining tables at the moment goes like this: one of the family’s breadwinners has lost his or her job and is wondering what to do with the redundancy payout. On the list of options are paying off a chunk of the mortgage and other debts, putting money into super, taking a holiday or buying into a franchise and becoming a small-business owner.

As the economy moves through a serious downturn and more people contemplate the prospect of unemployment, the franchise industry is gearing up for a period of growth.

The executive director of the Franchise Council of Australia, Steve Wright, says if the pattern of previous downturns is repeated, a lot of money is going to be invested in franchise licences over the next couple of years.

“Owning a small business is one of those dreams that many people have,” he says. “A redundancy is a time to assess where you are going in your career and if you have a payout, you have the means to invest in a business.”

Read full article.

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay

Related posts:

  1. Confusion Over Franchisees’ Role In Proposed Consumer Law Franchising: A Federal Government discussion paper on consumer law...
  2. Finance For Franchising SMEweb: Pension payouts? Business loan? Home equity? A look...
  3. Franchise Opportunities After Redundancy In The UK PR-Inside.com: whichfranchise.com launches Franchising After Redundancy Site – Call...
  4. Recession Has Been A Bonus To Franchisers Memphis Commercial Appeal: To re-brand the adage, every economic...
  5. License Or Franchise – What Is The Difference? Ottawa Business Journal: In times of economic turmoil and...

Related posts brought to you by Yet Another Related Posts Plugin.

Leave a reply

”feeds” Subscribe to Posts / Comments
or, via email: enter your email address  

* It takes just minutes to apply for a payday loan. Your cash advance will be deposited directly into your bank account usually the next business day.

* Learn option and stock trading at better trades. FreddieRick teach you how trading and investment is an opportunity for financial independence.

Welcome Visitor(s)
  • 8 online
  • Add to Technorati Favorites
    Recent Posts

    The Truth About Franchise Earnings

    Entrepreneur.com: The first question that every prospective franchisee asks a franchisor is, “How... 

    Live Oak Texas Gets Its Own "Sports With A View"

    PR Web: Bikinis Sports Bar and Grill will open its doors to the residents of Live Oak on Thursday, March... 

    Family Financial Centers Announces Internal Financing Options For New Franchise Candidates

    Franchising.com: Paul W. Eckert, President and CEO of Family Financial Centers, LLC, is pleased to introduce... 

    The Micro Pig Franchise Opportunity

    Forbes.com: Working long hours as an office administrator, with a three-hour commute and a boss with... 

    Launching Your Own Franchise

    Daily Journal of Commerce: In these tough economic times, some experienced executives have been laid... 

    Comments
    hi..Im instrested open Bonia franchise in KL or JB.. how should I do? thanks
    Where did you get this quote from within AW Holdings Corp, which is my company fyi.? There is no reference to who said it. Jon
    hi iam babita.i want to start a franchise of kfc in nashik.please send me the details like capital,location,area etc.also send conta
    Hi! I am honored to see that my company has made it to your website! Thank you! I have franchsed the company and the products
    ... Walsh. All Rights Reserved. Images ARE available for licensing - please contact me via the email. Leading PhotographyLeading Art
    CATEGORIES

    Virtual EntrepreneurEthanol BusinessBizOp Blogs