Joel LibavaWhat trends in the franchise business world will dominate the small business landscape in 2011? What concepts will be hot, and what concepts will be…..not?
Being the “Franchise Expert in Residence” for Anita Campbell’s Small Business Trends website has it’s perks. Writing my annual “Top Franchise Trends” post for Anita’s award-winning small business website is one that I really enjoy.
From Small Business Trends;
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“The credit crunch has had a major impact on franchising, and even with several pushes by lobbying groups like the International Franchise Association to loosen credit up, the credit market is still not very loose.”
So….
“Intrepid souls who are serious about becoming their own bosses will still find ways to buy franchises in 2011. But patience will be a needed virtue, as the process itself will continue to be a slow one.”
Read the rest of my 4th annual look at the Top Franchise Trends….
(You’ll be hungry after reading it!)
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About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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