Buy a Franchise During a Recession - Franchisors Breaking the Barriers
By Prne, Gaea News NetworkTuesday, September 22, 2009
LONDON -
- Turn an Uncertain Economic Climate to Your Advantage
/www.FranchiseSales.com - the leading website for people interested in buying a franchise - reveals that many franchise opportunities are reducing their entry barriers to encourage cautious business seekers to take the plunge and open a franchise in this uncertain climate.
Ology, a business coaching franchise, allows potential franchisees to choose their investment level according to the range of services they wish to provide.
Director, Tony Jones says: “We have programmes that people can deliver to any size of business from a start up to a multi-national and we realise that not everyone wants to take advantage of such a comprehensive range of services.”
Franchise fees start from GBP15,000, and Tony adds:
“Potential licensees can now invest the original franchise fee or any level up to that, and we believe that is a much more balanced and flexible approach.
“People are not as confident in their ability to run a successful business in this current economic environment, especially with banks lending less, so there is a higher risk involved. By removing many of the barriers to entry encountered by potential franchisees, we have opened up a broader audience potential for those looking for a business opportunity. “
There are thousands of global franchise opportunities in a variety of recession resilient sectors to take advantage of on FranchiseSales.com.
Another franchise looking to entice prospects is Orca websites, who are offering a 2 for 1 deal. For GBP14,955 you can buy a web design franchise plus a local online directory.
“We have seen hard times in every sector within the franchise industry, lending has never been more difficult and therefore franchisors need to evaluate their franchise package and offerings.
Franchisors this year have been working hard to include more added value products within the franchise package and/or creating affordable payment plans for the franchise fee.” Says Yasmine Siddiqi, Head of FranchiseSales.com .
The recession has hit everybody hard, but the franchise industry seems resilient. Many people who have been made redundant are looking to reinvest in business opportunities, and franchising is an attractive option.
Running a franchise significantly reduces the risk associated with setting up alone and most franchises are designed for people to start earning a living quickly.
Dynamis publishes www.FranchiseSales.com, www.BusinessesForSale.com, www.BusinessWings.co.uk and www.MidMarketExchange.co.uk.
Contact Jo Dalton on +44(0)2073241940
Source: FranchiseSales.com
Contact Jo Dalton on +44(0)2073241940 or jcd at dynamis.co.uk
Tags: FranchiseSales.com, London, United Kingdom