LOUISVILLE, KY--(Marketwire - Dec 13, 2011) - The nation's job market will continue to struggle in 2012, opening more opportunities for former corporate executives and managers to reinvent their careers as franchise owners, say the franchise experts at FranNet.
FranNet, a national franchise consulting firm, works with a growing number of outplaced executives who are losing their corporate jobs. Many are considering franchise ownership as a career alternative.
"Since 2008, the franchise industry has been one of the few segments of the national economy that's shown consistent growth," said Jania Bailey, FranNet's COO. "In 2012, many corporate workers who have been out of work for months will realize they are not going to replace that six-figure income and will research franchise ownership as their next career move."
In 2011, 19,000 new franchise businesses opened; it was a record year for FranNet, which INC. Magazine listed as one of the fastest-growing U.S. companies.
"The coming year is pivotal for franchising," Bailey said. "We're becoming more realistic about the job market. Executives who have been sitting on the fence are going to consider franchising this year, and the franchise industry is going to be the big winner."
For more information about FranNet, visit www.FranNet.com