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Never too young for franchising
You’re never too young to start a franchise, the saying goes, and that’s truer than ever given the state of the economy. One group directly suffering the consequences of the economic downturn are this year’s college graduates, who enter into a fearful jobs market with most businesses running on threadbare staff.
So for young people, the dream of franchising has probably never been more alluring. That is the suggestion in a recent young franchisees profile by Reuters. They talk to four franchisees under the age of 26, who reveal why franchising has worked for them in their young careers.
“I saw that a franchised system would fill in the missing pieces that would make me successful. It puts you in an environment around other franchisees,” said Greg Meyer of CertaPro Painting. The story says that Meyer had found steady work as a teenager painting houses, but the franchising system allowed him with the solid business foundation to turn his moonlighting gig into a paying careeer.
Maribel Guiste of Top 100 Global franchise WSI Internet says that she’s witnessed a clear rise in the number of young people wanting to be franchisees, with WSI enjoying at least a 6% spike in young franchisees since 2006.
So it’s not just that young people are searching out franchise opportunities. Franchisors are welcoming them with open arms. If you’re a young entrepreneur, you’re likely to find the business for you here at Franchise Direct.
Great insight. I’ve heard that franchising is a great way for younger people to make a living, considering the market right now. Thanks for the post.
One franchise business that can be done with minimal training and experience and is ideal for graduates would be an Oven Cleaning Franchise business. They are fairly cost effective to start too.