Franchising and the Economy Infographic
In all the talk about deficits,unemployment, and the precarious state of our nation's economy, one of America's most powerful engines for recovery is often (and foolishly) excluded from the conversation -- a classic case of missing what's right under our nose. Developed and perfected right here in the U.S., the franchise business model represents the ideal blend of national heft and local business, accounting for hundreds of thousands of stores, millions of jobs, and billions in annual output.
Measuring the Impact of Franchising on the U.S. Economy
Few people realize how critical franchising is to our economy, but as the infographic below illustrates, some of the most celebrated brands in the U.S. today were launched during times of deep recession, and franchised businesses as a whole continue to serve as a model workhorse for productivity and wealth creation in our nation.
Visit FranchiseHelp.com to find franchises for sale and visit the FranchiseHelp Franchise Blog for more content like the infographic above! To add the "Franchising & The Economy" Infographic to your own site, just copy and paste the embed HTML below: Franchises Opportunities and The U.S. Economy by franchise opportunities and information resource FranchiseHelp.
Prospective Franchisees - The Financial Questionnaire
The first qualification considered and investigated is often the prospect's financial situation, so as a franchise applicant you will need to be familiar with the financial jargon that a franchisor may employ in their questionnaire.
Where to Find Financing for Your Franchise
If you decide that you do want to obtain financing for your franchise business from external sources, you should:
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.