Tom’s Franchise Information Blog

This Article was brought to you by:

• Capture YouTube Video
• YouTube Converter
• Expert Auto Insurance
• Free Article Spinner
• Atlanta Criminal Defense Lawyers
• Computer Help
• Free Online Dating
• PHP Email Form
• San Jose Costa Rica
• Tax Attorneys
• IRS Debt Tax Relief

Franchises. What’s all the fuss about? We are personally experiencing an economic downturn virtually unprecedented in the last 50 years. Many corporate executives have been downsized unable to replace high paying jobs, baby boomers approaching retirement are choosing to stay active and work into their 70’s. That translates into what will be a booming franchise industry. That is, as soon as the credit markets free up some cash.

The franchise industry certainly has a large pool of potential franchise choices for us all to make. Check out some of these franchise facts:

• There are an estimated 1,500 different franchise companies operating in the United States.

• There are believed to be more than 750,000 franchise businesses in the U.S.
• The franchising industry and businesses employs over 18 million people in the U.S.
• In 2004, it is estimated that franchise businesses were responsible for over 1.5 trillion in economic output.
• The franchise industry accounts for 40% of all retail sales in the US.
• A new franchise business opens every 8 minutes of every business day.
• Approximately one out of every 12 businesses in the U.S. is a franchise business.

Why Buy a Franchise

Every where you look whether in strip malls or malls or on any street in America, you’re sure to see a McDonalds, an Arby’s, Subway, Dunkin’ Donuts, or a Comfort Inn. Franchises have changed the way we live.

Franchises offer buying power, and marketing power in numbers. The pooling of advertising dollars in national ad campaigns offers a huge advantage over the independent business.

Going it Alone

For the right person or for the right business model, starting a business from scratch may be a realistic option. Sadly, according to various sources, approximately 65% of most businesses never make it to their fifth year of operation.

Buy a franchise business and the level of risk is reduced significantly. The survival rates of a franchise business far exceed that of a new business.

Franchises in a variety of industries from automotive, to children’s franchises, to franchising for women, have proven business models shortening the learning curve to determine what works. You benefit from their trials and tribulations.

Franchises offer ongoing support and mentoring to their franchisees. From regional meetings to in-house training, networking with other franchisees and annual meetings, franchise businesses continue to educate their franchisees. This is, of course, for there own benefit. It is in their best interest that you succeed.

Franchising can be a win/win situation for both parties. Do your homework and find a franchise that’s a good fit for you and for your community.

Bill Bradley is the founder of http://www.AmericasBestFranchises.com

America’s Best Franchises provides a content-rich informational franchise portal with a mission to match prospective entrepreneurs with the perfect franchise or business opportunity.

Useful Links:

Don't wait till you are drowning in debt to seek for debt help.