In the current economic climate, where secure jobs are hard to find, much is being said about forced entrepreneurship. Displaced business professionals are finding the job market to be more impenetrable than in previous down turns and are turning to entrepreneurship in droves, according to Brian Miller, COO and president of The Entrepreneur’s Source (TES). Realizing that their dormant dreams of self-sufficiency are now being re-awakened out of necessity, the hunt is on for the right business model.
“The question prospective business owners need to ask is, ‘Should I go it on my own or invest in a proven business model, such as a franchise?'” said Miller. “There are literally thousands of franchise business models available in a variety of sectors from business services to furniture restoration. There certainly isn’t a shortage of models to choose from.”