According to The Franchise Lookup.com, the current economic recession has taken its toll on many high level executives, mid-level business people and white collar workers. Over the past year, thousands have been laid off from well paying positions and are now finding it difficult to obtain comparable employment because they are over-qualified or labeled as too old. Others have been down sized, forced to work beneath their level of competence and compensation. For the lucky ones who have managed to keep their jobs, there remains a high level of stress with the uncertainty of what will happen next. In reaction, a substantial number of white collar workers are leaving the work force to become self employment franchise business owners so that they can take control of their own future, The Franchise Lookup.com reports.
There are many possible explanations for these trends. First of all, starting a franchise business makes perfect sense for former executives and white color workers who have reached the conclusion that there are no guarantees when you are an employee. It enables business owners to maintain control of their own lives and reap the rewards obtained through their skills and effort. Franchises allow new franchise owners to get their businesses up and running quickly. New owners receive assistance every step of the way and can rely on the invaluable advice and continued support that is made available to them. Franchises also offer a turn-key opportunity for self-employment where effort is rewarded and the valuable skills learned throughout a career can be fully utilized. There are franchise opportunities to appeal to all interests and in every business sector, including the financial, communications, retail and medical sectors, allowing perspective franchise owners to choose a business where their skills and expertise can be used to its best advantage. More.