The Franchise King®

2012

 

(This post may contain affiliate links. Please read my disclosure policy).

2012 is going to prove to be an interesting year for the franchise industry.

 

Global and national financial pressures, a Presidential election that’s going to be impacted by Washington lobbyists like never before, and $2,000 suits are the things to watch this year.

 

1. Pressure

In a global economy, what happens overseas doesn’t stay overseas. If our friends across the pond can’t get things together, (The EU) the US economy will take a hit. This hit could take our country back into a recession. (Which we’re barely digging out of at the time of this writing) Read this NYT article about Greece

 

2. An election year

Nothing’s off the table when it’s a Presidential election year. The amount of money being thrown around by lobbying organizations, and corporations….is huge. SuperPacs, and billionaires are putting their money behind the candidates that they want to see in office. Like never before. No matter who wins this year, the franchise industry…all industries, will be impacted. How? I have no clue. Do you?



Free Franchise Quiz
Find Out If You Should Own A Franchise Before You Write That Big Check
Invalid email address


 

3. Suits

Banker’s suits.

 
Business Portrait | by FFX Florbela's Fotographix / FFX © no.0266

 

US lenders had better start lending. And fast. For the most part, they have money sitting in their vaults. Lots of it! All you have to do is you look at savings account rates. For example, the .50 % interest rate that I’m currently earning on my savings account tells me one very important thing; my bank doesn’t need my money.

 

Actually, that half a percentage point interest payment that I’m receiving every month tells me something else;

 

I need to find more clients for my franchise ownership advisory services.

 

Here’s a tip; don’t let events in which you really have no control over scare you away from doing what you feel you must. If you feel that 2012 is the year for you to change some things about your life, just do it. Change the things that you can control.

 

And read my 5th annual look at the Top Franchise Trends in detail over at Small Business Trends.

 

 

Please Share This Article!
0Shares
follow us in feedly
franchise article written by joel libava
Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
The Franchise King® Blog
Get proven franchise research and buying tips, helpful franchising resources, plus the latest franchise news updates and more.
Recommended Reading
How Franchises Work
How Much Is A Franchise?
Pros And Cons Of A Franchise What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Top 33 Business Ideas
Starbucks Franchise Facts
Featured Franchises!
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews
Top 10 Franchise Buying Tips

Free Franchise Tools Franchise Compatibility Quiz Net Worth Calculator
joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee