America's #1 Franchise Directory, Trusted for Over 15 Years

Will The Standard And Poor's Downgrade Affect Franchising?

Joel Libava, The Franchise King, is a friend and colleague of Franchise Direct. But even if he we'd never been introduced to him, we'd still advise you to read his thoughts on how the S&P downgrading of America's credit rating will affect franchising.

Joel writes regularly for the great Small Biz Trends website and he's evaluated a very timely topic in his latest column. It's a time of great financial uncertainty - in America and Europe - but while much of it may seem like abstract high finance, it is inevitable that Standard and Poor's reassessment of America's credit rating will inevitably trickle down to the franchisor/franchisee level. As we've chronicled here, the issue of franchise financing has not gone away since America came out of recession and the S&P decision will only make matters worse. Joel's fears are not with franchisors - he describes them as an ''innovative bunch'', but rather with franchisees, who he feels will stay out of the market and continue with their own jobs.

Joel also provides a ten-step guide for franchisees who might be wavering on franchise ownership in the wake of the news. As he writes: "Even in volatile times, becoming a franchise owner is a viable option for those seeking change. If you’re thinking of exploring your options, doing so carefully and methodically will go a long way."

comments powered by Disqus

Your Request List

You can add items by clicking the "Add to Request List" button or checkbox when you find something you're interested in.

You may add up to 15 items to your Request List

Your request list will follow you around the site.

When you are ready to complete your request for free information, click "Submit" in your Request List.

Why not get started by browsing our New Franchise Opportunities or Low Cost Franchise Directory?

You may only enter 15 items in your Request List.

To request information from your selected companies, just fill in the form and click "Submit".

OK, got it

Request Info From:


Your List is Empty

You can add items by checking the "Request FREE Info" boxes.

* indicates required field

Optional Information

Join our mailing list!

We share your information only with your selected franchises.