It’s a long time since the Great Recession of 2008 set in, but finally we’re seeing signs the US economy is beginning to thaw. This renaissance is being led by the franchise sector. A new index from the International Franchise Association and Boefly shows that franchise lending has increased steadily over the last year. In fact, it’s up 20% since December 2010.
But the recession has changed consumes’ shopping attitudes. In times of austerity, people don’t buy new products, they repair the things they already have. If you look at the renaissance that professions like cobblers are enjoying at present, it becomes clear that consumers are trying to make their goods last longer.
FAST-FIX Jewelry And Watch Repairs® is another business that’s reaping the rewards of changing consumer sentiments. Launched nearly 30 years ago as a jewelry and watch repair business, the franchise has evolved in recent years to offer a range of essential services, including custom jewelry engraving, eyeglass repair and now phone repair. On top of that, FAST-FIX franchise owners can be assured of recurring revenue, as they can choose from two types of stores. This is a franchise opportunity for people on all budgets.
One interesting aspect of the FAST-FIX phenomenon is that its franchise owners are not jewellers or watchmakers. They come from all walks of life: they’re former teachers, corporate executives and restaurateurs. In this brave new economic world that we live in now, it seems that FAST-FIX has crafted an versatile economic model that guide it through whatever twists and turns lie ahead for the global economy. As FAST-FIX themselves say: “As the world’s largest and most trusted jewelry and watch repair franchise, FAST-FIX has over 160 locations worldwide to serve your jewelry repair needs.”
Follow this link to learn more about this really interesting franchise opportunity.