Michael Sipe, an investment banker, entrepreneur and business consultant, worked with FranNet consultants on small business development projects in California and the Pacific Northwest for 20 years. In July, he decided to become a FranNet consultant himself, purchasing the FranNet territory covering Idaho, central and eastern Oregon and eastern Washington state
Archive for December, 2011
Franchise matchmakers are consultants who link clients seeking franchise opportunities with the right franchises. Often, clients are former corporate employees or executives who lost their jobs in downsizing; others are retirees who want a more dependable source of retirement income; still others are recent college graduates who are having trouble finding traditional work in the recession.
What’s truly encouraging is that the administration expressly connected the plan to young entrepreneurs, recognizing that small business ownership can be a much better option for a bright young person than a corporate job — as long as the young person has a fighting chance to manage his or her student debt load.
In a down economy, starting your own business is a smart way to go and most of the time franchising is the answer. That’s why the Moores purchased ten locations of the Five Guys burger franchise as soon as it became available. Interviewed by the Knoxville News Sentinel, the father-son duo talked about why they jumped on board.