Last week, we offered advice to young graduates who were considered starting a career in franchising. At the same time, it’s interesting to see that, as the economy declines, baby boomers are also turning to franchising for career stability.
This is an interesting trend that is not purely a by-product of the economic downturn. Franchising has a timeless appeal to middle-aged people who have a spent their careers working up the business ladder. Franchising allows them sought-after control in running an operation combined with the unflinching support of the franchisor.
Franchising becomes even more attractive to people in this economic climate because, unfortunately, some people can no longer afford to retire. With a bold range of different opportunities, franchising provides people with a chance to custom-tailor their workload in line with their own desires and time constraints.
Seniors who’ve turned to franchising are profiled in this recent story. There are interesting voices, including Kathy McAvoy-Rogalski, a 56-year-old New Yorker who’s found success as a dog-walking franchisee after taking a buy-out from her job in the pharmaceutical sector.
"For retirees that are active, that like walking or love animals, it's the perfect way to earn some extra money," she said.
Franchising can offer up remarkable opportunities. People who’ve spent their life building up a range of skills and interests are discovering that their golden years needn’t be a time to solely to ponder retirement. Thanks to a franchise opportunity, they can be the beginning of an exciting second career.
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