Franchising Potencial is limitless? Franchising has changed a lot since its inception back in the early 1950’s. In the days of McDonalds, owning a franchise was an opportunity for single-unit owners to be their own boss and finance their own career. Most typically established businessmen that were looking to make a modest income for their families purchased franchise locations. They would buy one location and run it as their own company, developing a staff, tracking income and essentially living the American dream. However, this is no longer the norm in the world of franchises.
In today’s franchise environment there are two major differences. First of all, franchise ownership isn’t just for experienced or retired businessmen. In fact, the demographics of ownership have opened up to virtually anyone. Specifically, there are a few groups of American citizens that have plunged into franchise ownership and are seeing significantly impressive results. Baby Boomers, Seniors, Millenials and Minorities are also purchasing franchises. These four groups see the value and opportunity of being able to run a business that is supported by an established, reputable company. For More Information Benefits of Mobile Franchise
Franchising Potential is Opportunity.
Franchising provides the chance for an owner to build a great team, run their own business and have financial success – the quintessential American dream. Young millenials straight out of college, minorities looking to establish themselves in a new country and seniors that long for a second, rewarding career are all the newest owners of franchises across the country. A stable economy and changing market landscape have made it possible for motivated individuals from all walks of life to purchase the franchise of their choice and develop a successful career.
Concrete Franchise Opportunities
The second major change in franchising is that franchise owners don’t just own one single unit anymore. Owners aren’t dipping their toes into ownership but rather jumping in by running multiple locations or franchises at once. In fact, multi-unit owners run 50% of franchises in the United States. This means that one owner has purchased and operates two, three, four or many more locations all at once instead of just one like a traditional franchise owner of the past. Instead of the tradition franchise owner that runs one franchise and makes a modest living, today’s owners are running multiple franchises and reporting salaries into the tens of millions. See also Marketing Tools and More
These new demographics of owners are purchasing multiple franchises and managing them strategically for long-term, sustainable success instead of just making day-to-day profits. It is thanks to these two changes that franchising is becoming a pillar in business in the United States. While no business is free of risks, franchises offer a less risky way to enter into business ownership for anyone that is interested and motivated. Unlike the original franchises of the 1950’s todays franchises are open to everyone and waiting for successful leaders.
If you have ever considered opening a franchise, you are in the right place. Dr.PhoneFix offers information and insight into franchising, small business, electronic devices and more. We also offer franchise opportunities for motivated business individuals that are looking for a stable, growing franchise that can provide not only a fulfilling career but also significant financial success. Contact us today to get started exploring what Dr.PhoneFix could offer you as a franchisee.