Is Franchising The Future?
Updated: Nov 23, 2021
Everyone dreams of going into business for themselves and being their own boss. But between startup costs, finding a healthy work/life balance, building a customer base and getting the supplies you need, running a small business can be challenging. But what if there was a way to enjoy the benefits of small business ownership but with the backing and support of a large company?
Franchising offers a wide range of benefits for those looking to become entrepreneurs, which is why so many people are choosing to invest in franchising. All of which begs the question, “Is franchising the future?”
Franchising Has Been Around Longer Than You Think
While we may think franchising is a relatively new concept, they’ve actually existed since the mid-1800s when Isaac Singer established some of the first franchises to help promote the sale of his sewing machine. While other companies like Coca Cola would franchise as well during the 1800s, the franchising boom didn’t happen in the United States until after World War II.
Throughout the 1950s and 1960s franchises like McDonald’s and Holiday Inn began to dot the American landscape and become household names. Today there are more than 760,000 franchises across the country.
The Future of Franchising
As more and more people invest in franchises, what does the future hold for franchisees? According to CNBC, projections for this multibillion dollar industry show the number of franchises in the United States is continuing to grow. Why?
There are plenty of reasons but let’s get down to brass tacks: Unlike start-ups, franchisees report significantly higher and faster return on investment.
Secure Your Financial Future By Franchising With Honest Abe Roofing
If you’re looking to take advantage of the opportunities for growth and success franchising has to offer, why not franchise with a nationally recognized leader in the recession-pROOF home services industry?
When you franchise with Honest Abe Roofing, you’ll enjoy low startup costs, reliable income, advice and guidance that comes from our proven business model, and the backing of a nationally recognized brand committed to your success. So if you’re looking to start on the path to a better and brighter future, contact us today to find out how you can own your own Honest Abe Roofing franchise.