Record Breaking Year For FSBI Brands

Franchise Wire:

Despite the economic recession and franchise industry predictions of lagging growth for 2009, FranchisEsource Brands International (FSBI) brands are posting phenomenal financials for the first three quarters of 2009 including 30 percent overall revenue gains and 46.2 percent growth in franchise awards.

“Our brands are attracting the business-savvy, corporate experienced individuals who now want to take control of their future and parlay their skills into a new career direction,” said Terry Powell, CEO of (FSBI). “Business coaching has become a highly-sought after service in the small business market and overall a lucrative career,” said Powell.

“One of the major criteria influencing someone getting into a franchise business is the confident they gain when they observe average growth of a brand,” said Bob Gappa, president Management 2000, a leading consulting company helping existing and new brands who want to use franchising as a primary growth strategy. “In the case of FSBI brands, the growth is not average, but way beyond expectation in a normal economy, and bordering on superlative given the economic performance in the past 18 months. Anyone looking at FSBI can gain confidence that they would be joining a company of brands that is growing,” he added.

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