For many years now, one of the key questions facing prospective franchisees has been which is better for them: a job or a franchise. It is often a difficult decision because there are pros and cons to each option.
Today’s market has introduced a new wrinkle to this question, as many unemployed people are finding that the only way they can find work is by accepting “underemployment.” Underemployment has always occurred to some degree whenever the economy comes out of a recession. When there are numerous seekers for every job offering, employers tend to increase qualification requirements and lower compensation. It’s simply a reflection of the law of supply and demand.
As soon as enough people get back to work, the number of applicants is reduced and market forces tend to correct the situation. Carry on reading.