Posts Tagged ‘franchisee’

Life after layoff: franchising as a second act

Are you facing life after layoff and looking for your next move? Over the past two decades, the hiring of ex-corporate executives as new franchisees has skyrocketed. As corporate layoffs become commonplace, franchisors have found a treasure trove of potential franchisees with extensive management experience. Many ex-executives also have significant capital available due to severance…

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Entrepreneurs as Franchisees

A popular misconception in franchising concerns entrepreneurs as franchisees. Are franchise companies looking to recruit “true entrepreneurs” as new franchisees in their systems? Not necessarily. What is a “true entrepreneur?” Before looking at entrepreneurs as franchisees, let’s narrow in on the type of entrepreneur we are talking about. “True entrepreneurs” are those relatively rare individuals…

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