Although the economy is predicted to slow down during the last quarter of the year, FranServe is not concerned. Economists expect an increase in unemployment and the third quarter’s GDP reported 2.8% rise. Despite the country’s lack of economic traction, FranServe’s franchise consulting business continues to grow.
It’s actually during economic downturns that franchise consulting performs better because downsizing drives people to franchise ownership.
Tim Bleakley, FranServe’s founder and president explains, “When people are downsized, they are forced to look for other options. Many of these people gravitate to franchises because of the proven systems, the high success rates, and the extensive training and support programs. Plus, since we work with a higher level of clientele, those that need financing are easily able to obtain it, especially because we work directly with companies that provide business loans and companies that help our clients access their 401K funds without penalties.”
Mike Reis, a FranServe business owner for more than eight years now, has seen an 800% growth in this industry. He states “In the last five years alone, the percent of franchise buyers who have used franchise consultants has grown from 5% to 39%.”
FranServe is a franchise consulting company whose owners help people identify the franchise that is the best match for them, as well as helping them obtain the capital to pay for their franchise. Click here, if you or anyone you know is interested in learning more about the benefits of becoming a FranServe business owner.
Ideal FranServe owners possess:
- Strong communication and organizational skills
- A desire to help others
- The ability to manage business relationships
- The willingness to learn and follow a proven system
