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Article: Economic uncertainty, sizable veterans' population may boost franchise ownership: questions about the nation's economy might prompt more people to consider financial independence through franchise ownership.(FW FOCUS: HONORING AMERICA'S VETERANS)
- Article from:
- Franchising World
- Article date:
- April 1, 2008
CopyrightCOPYRIGHT 2008 International Franchise Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Policymakers are debating if the United States is approaching, has slid into or can avoid an economic recession. At the same time, the nation has more than 23.8 million veterans, according to the U.S. Department of Veterans Affairs. Could these two factors contribute to the increasing popularity of business-format franchising?
When employees are nervous about the economy and jobs start cutting back, many find their entrepreneurial spirit rising. Franchising provides an avenue for these self-employed seekers to be in business for themselves without starting from point zero or doing it alone. Military veterans can bring practical and leadership skills to a thriving ...