Recession Proof Franchises: 4 Reasons to Buy a Cleaning, Repair & Restoration Franchise

Recession Proof Franchises

In 2008, the recession offered a painful, but important lesson for those looking to buy a franchise or start their own business: some industries are more recession-resilient than others.

While it’s impossible to say any industry is 100% recession proof, many industries continued to do well and even thrive during the economic slowdown.

The recession showed us something else, too: people turn to franchising in times where the economy is strained or could likely become strained. Why? People want more control of their future with a business that comes with proven systems and support.

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Handyman Training: How to Quickly Learn a Skill & Jump Into Business

Handyman Training

The steps to becoming a handyman can look different depending on the way you want to get trained and transition into a business.

Some people choose to attend a trade or vocational school. Others choose the faster (and often less expensive) option of franchising with a professional services company that offers both training and a viable business opportunity.

While it’s pretty easy to find schools and vocational programs for learning a skill or trade, there are not many resources that explain how franchising with the right service company can offer all the training you need, just faster and often cheaper.

This guide offers just that: a look into a simpler path that just about anyone can take––even with zero handyman or professional service experience. Not only will you learn in-demand skills, but also the systems, processes, and support you need to run and grow a business.

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Couples Working Together: Franchising With Your Spouse

Couples Working Together

About 1.2 million Americans run a business with their spouse according to a study from National Federation of Independent Businesses.

Obviously, spouses can and do make successful businesses partners. But if you and your significant other are thinking about becoming business partners yourselves, just about every successful business couple will tell you the same thing: it’s all about balance.

When you can strike this balance in your personal and professional relationship, you and your spouse can rightfully claim the ultimate title of power couple. But getting there takes diligence and some old-fashioned hard work.

As you might already know, there’s a lot of articles floating around warning couples against working together (usually written by those who haven’t made it work themselves). But our own franchise system and many other businesses prove these people wrong.

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How Does Franchising Actually Work? A Quick-Guide

How does franchising work?

 

Franchising has been one of the most important sectors of the global economy for decades, so it’s no wonder why so many Americans choose to go down that road in order to free themselves from the shackles of their nine-to-five job. According to the International Franchise Association’s 2018 report, strong economic fundamentals and a boost from the tax reform and favorable regulatory environment support above-trend expected growth in 2018.

 

via IFA’s Franchise Business Economic Outlook for 2018

 

Franchising is an enticing option for many potential entrepreneurs who want to own a business but don’t have the resources or know-how to start from scratch.

 

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4 Things To Do Before and After Buying a Home-Based Franchise

Home-based franchise

 

Buying a franchise you can run from home can save new business owners a lot of money they’d otherwise have to spend on rent, extra utilities, insurance and other costs.

 

It also awards you more freedom over how you decide to run your business day-to-day. But while the benefits of home-based franchising can be alluring, it’s important to realize that not all opportunities are the same.

 

[Read Also:] Buying a Franchise in 2016: 4 Ways to Prepare Today

 

Franchises are an investment. To make that investment pay off, it’s up to you to carefully research your options and make a well-informed decision.

 

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