Jania Bailey shares insights on buying a franchise and how FranNet can help
BoomersNextSteps.com recently interviewed Jania Bailey, FranNet’s president and COO, about franchising opportunities for Baby Boomers and how FranNet can help future franchisees reach their business goals.
For 25 years, FranNet has helped people achieve their entrepreneurial dreams by matching them with the right franchise opportunities. The company offers an international network of franchise consultants, perfect for Baby Boomers not quite ready to retire.
This year is shaping up to be a banner year for FranNet, which posted a record year in 2011. The company reported 33 percent more franchise placements in the first quarter of 2012 than in the same period in 2011. The International Franchise Association predicted at the end of 2011 that more than 14,000 new franchise locations would open in 2012 — and FranNet’s 2012 performance leads Bailey to suspect the IFA’s predictions were conservative.
Bailey said FranNet works to clear away misconceptions about franchise ownership and educates potential franchisees on the unique opportunities in business ownership. “When you say ‘franchising,’ most people think McDonald’s and a million dollars,” Bailey said, but it’s a far more diverse field than it used to be.
One key advantage in franchising is that all systems are already in place, taking away the overwhelming feeling of starting from scratch.
“There are so many opportunities,” Bailey said. “People have to take their blinders off and explore a little bit.”