Buying Into A Franchise Can Take Uncertainty Out Of Getting Started
Trish Harrington brought her 6-year-old daughter to a birthday party at Snip-its in North Attleborough and fell in love with the children’s hair salon. A CPA and controller at a Rhode Island financing company, she went home, did her homework, and four months later signed an agreement with the Natick-based franchise to develop three new locations.
For Gina and Gregg Monastiero, it was a five-year journey of investigation and negotiation on the road to opening the region’s first Sonic Drive-in restaurant, which has obliterated company sales records since it opened in late August.
Mehran Atoufi translated the customer service and management skills he learned working for Hilton Hotels into running a revived Subway restaurant near Northeastern that he hopes is the first of many.
Not only has the recession not stopped these entrepreneurs, but in some cases, it helped them. Historically, the number of new businesses spikes during economic downturns, in part because people who lose their jobs are motivated to control their own destinies, small business specialists say. But taking the plunge into franchising by starting up new ventures based on solid brands, proven track records, and corporate support can take some of the uncertainty out of the equation. Continue reading this story.
Related posts:
- What to Look Out For When Buying an Internet Franchise Elites TV: By and large the franchise industry is...
- 7-Eleven Notices Customers Buying Beer In 18 Packs And Cutting Back On Cigarette Packs The Dallas Morning News: We heard a lot about...
- Franchising In A Recovery QSR magazine: One year since the economic collapse brought...
- Does Buying An Existing Franchise Qualify For An SBA Loan? Entrepreneur.com: Question: I want to buy a franchise from...
- Recession May Lead To Increased Franchise Interest PR Web: If previous recessions are any indication, we...
Related posts brought to you by Yet Another Related Posts Plugin.
