Out-Of-Work Execs Hunt For White-Collar Franchises

Financial Post:

What began as a passionate career in sales for Joel Nelson took him to senior sales positions with major pharmaceutical companies and by most measures a very successful job, but there was something missing.

“As I moved up the corporate ladder, that joy of the [customer] interaction was replaced by grueling deadlines and layers and layers of detail,” he says. In addition, job security for managers and executives has been left in limbo by the recession. “In this day and age in corporate, you can always be replaced… quickly,” he says. “The joy I was getting out of my job was getting further and further away from me.”

Mr. Nelson is among a rapidly growing number of mid- and senior-level business managers and executives who have decided the best way to control their destinies is to become their own bosses. Rather than build a company from scratch, these white-collar workers are applying their skills to “white-collar franchises,” according to franchising experts and recruiters. Read on…

Photo: Tyler Anderson / National Post.

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