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Should You Buy a Franchise in a Down Economy?
Being #1 doesn't mean a company can rest on its laurels. Though Subway is the largest American franchise, they are far from alone in the sandwiches category. Jimmy John's Gourmet Sandwich Shops, founded by a true entrepreneur, is #2 in the sandwich category, #17 overall, and ranks #16 in growth on our list.
Is Franchising Right for You?
Franchising is not for everyone, though. If you're a "march to the beat of your own drum" type, you're likely to rebel against the rules your franchisor imposes. On the other hand, if you've recently been laid off, have no experience running your own business, or don't mind being part of someone else's system, franchising might be right up your alley.
Obviously, starting a business is not without risks, but buying a franchise helps to mitigate some of those risks. If you think franchising might be for you, there's no better place to start your search than here among the AllBusiness AllStars.
In addition, make sure to read these articles:
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- Merchant Accounts- Accept Credit Cards Merchant Warehouse can provide your business with everything it needs to accept credit cards. Get the guaranteed lowest prices on credit card terminals and software plus free set up of your account.
- Custom Printing Service High Quality Custom Printing, Fast Turnaround, Great Service, 100% Satisfaction Guarantee.
