Hi! I'm Dane Carlson, and welcome to the Business Opportunities Weblog. I've been publishing this website, by myself, and sometimes with the help of others for over twelve years now. You'll notice two things about this site right away:
Bad news for the single unit franchisee. According to Forbes many franchisors have switched their preference to larger multi-unit franchisees:
For laid-off executives with a severance package, buying a franchise was once an obvious next
step. Rather than trying to figure out a business idea, you could buy into a big chain with a proven system and established brand name, rake in profits, and never have to report to a boss again.
Unfortunately, it’s not so easy anymore.
Over the years, competition in many franchise sectors – particularly fast food – has intensified. Franchisors also discovered that taking anyone who could put up the franchise fee didn’t always work so well. In downturns, many of these one-unit, newbie franchisees went belly-up, leaving franchisors the difficult choice to either close units or operate more company stores.
Gradually, franchisors switched their preference to multi-unit operators.