Franchising Could Be Set To Boom During Recession

AccountingWEB.co.uk:

Leading franchising companies have predicted that the industry is set to boom in 2009 as more people consider becoming self employed.

With thousands of people throughout the UK being made redundant and more facing the prospect of losing their livelihoods, many of those fortunate enough to receive redundancy payments or have capital available for investment are expected to give very serious consideration to entering self employment by purchasing a franchise.

A recession is actually the ideal time to set up your own business – especially a franchising one. The competition is likely to be weakened in a recession, while simultaneously customers are hungry for products and services that they can trust – this is where nationally recognised franchise brands score heavily against those independently owned and operated. There is also the reassuring fact that very few franchisors actually go out of business.

The solid and stable option of growing a business through a franchise can offer the accounting professional a clear route to success, even during such times of uncertainty, so why not think about become a Mazuma Associate?

Associates would be responsible for growing and managing their own accountancy practice but using the national brand of Mazuma, so they do not need to worry about growing their own brand. Associates will have a network of colleagues available to them from the moment they start their business.

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