Age is Just a Number!
Gen Z is Investing Earlier Than Any Other Generation in American History!
At a young age, people can start to realize their business aspirations. Either from starting a lemonade stand as a child, or taking leadership roles throughout schooling. The youth can start to build their entrepreneurial spirit in early preteen years. Cryptocurrency, stocks and new business opportunities, like franchises, have Gen Z investing at a record young age.
On the opposite spectrum of the adolescent to young adult age range there are baby boomers to even retirees. There will always be business minded people that are looking for the next business opportunity, or a promising investment without the standard 9-5 mentality. Franchising can fill the space of anyone's business dreams at any stage in life.
The franchising industry can help provide any opportunity at any age with the proper investment and determination. Also, knowing there is a strong takeaway of support through the industry makes owning a franchise feasible for all ages.
Owners of franchises can range anywhere from Gen Z to baby boomers! No one is too young or too old to find the right business opportunity in franchising.
Click HERE to find a franchise fit for any age!
Top 10 Industries For a Recession: Is Your Industry On The List?
No matter what's going on, people still get sick and injured. Some studies have also shown that healthcare needs increase during recession due to the associated stress.
9 Keys You Need to Know to Buy a Franchise Through the Eyes of an Expert
Assume that I’ve already identified a franchise opportunity that fits my personal, business and financial profile and my application has been approved.
Choosing Between a Franchise and Starting a Business
Owning your own business has always been a linchpin of the American Dream. With the advent of franchising, prospective owners now face a choice between running an independent business and operating their business unit as part of a franchise system. Put differently, they can launch a brand new restaurant churning out specialty cakes and ice cream sundaes, or open a Cold Stone Creamery location. Determining the right option for you comes with some complexities, but there are a couple of primary factors to consider: Your risk tolerance and your personality type.
