Retirees Turning to Franchising

Studies have shown that more and more retirees and laid off older workers are buying small franchises. For baby boomers who have an entrepreneurial streak, this seems like a good option. The U.S. has more than 850,000 franchised businesses.
Starting your own business is not easy in any economy. But it’s tougher now during the recession. Franchise businesses offer the opportunity to own a businesses that is bolstered by an successful business plan, established brand name, training program, advertising and marketing.
Though owning a franchise isn’t simple, it may be a workable option for older workers who have been laid off and …read more