For Corporate Exiles, A New Start In The Franchise Market

Bellingham Herald:

Many would argue that fried chicken has nothing to do with health care. Reynolds Corea would beg to differ.

He’s a former outsourcing expert who was making “easily” six figures, Corea said, when Accenture Ltd. cut him loose in January 2009 after nearly 20 years.

“They called it rightsizing – they had all sorts of euphemisms for it,” recalled the 50-year-old Exton father of two college students. “But it was a layoff.”

A layoff that has led Corea where so many corporate refugees have opted to go for a second career act: operating a franchise business.

Though small businesses, franchises account for some sizable economic statistics – nearly 18 million jobs and $1.2 trillion in gross domestic product, according to the International Franchise Association in Washington.

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