A Bad Economy May Benefit Franchises
With all the negativity making headlines these days, it's difficult sometimes to maintain perspective.
Foreclosures at record highs. Nearly a trillion dollars in bailouts. The Dow with record declines. Mass layoffs and unemployment at five-year highs. Reading Dickens--it was the best of times, it was the worst of timesthe period was so far like the present period--it seems that perhaps he only got it half right.
But for franchisors, truer words were never spoken. Yes, there are some short-term difficulties that will take time to flush through the system. At the same time, however, there are a number of reasons to anticipate that the best of times are right around the corner.
Published: November 20th, 2008
Share this Feature
Recommended Reading:
Comments:
comments powered by DisqusADVERTISE | SPONSORED CONTENT |
FRANCHISE TOPICS
- Multi-Unit Franchising
- Get Started in Franchising
- Growth
- Operations
- Open New Units
- Leadership
- Marketing
- Technology
- Legal
- Awards
- Rankings
- Trends
- Featured Franchise Stories
ADVERTISE | SPONSORED CONTENT |
Conferences
InterContinental, Atlanta
OCT 19-21ST, 2021
August 31- Sept. 3, 2021 at Caesar's Palace, Las Vegas. MUFC is the premier annual event for the country’s leading Multi-Unit Franchisees. Meet the...
Oct. 19-21, 2021. Atlanta, GA. FLDC is an exclusive event for franchisor CEOs, Presidents, COOs, CDOs and Development Executives. The conference...