What if There Were No Franchised Brands?
What if there were no Franchised Brands? What if none existed? Some believe that might be better, yet others point to the fact that there would be less choice and fewer small businesses. Did you know on this particular point of contention that there are 450,000 or more franchised outlets in the United States? That means a lot of small business owners who may not have had the expertise or know-how to go into business for them selves, now enjoy their American Dream of being self-employed. You can find lists of franchised outlets available if you want to own one;
The failure rates of franchised outlets over the normal small businesses are said to be reduced because franchises come with a proven way to do business, which is duplicated time and time again. There have been studies and some of the research has been debated but most agree that franchising is a safer investment then going it alone in a small business. But what if these franchises were not available and you had to take a risk on your own? Well, many believe there would be fewer small businesses out there and that would not be good for our Nation’s economic engine at all. In fact each one of these franchises hires some 15-30 people on average and that is a huge job base and lots of monies paying into the system. So what if all the franchises disappeared? What would our country do then? Think on this.
“Lance Winslow” - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs/
