Isn’t franchising basically the food industry?

by AskSage

Hello Sage,

I received an Email yesterday from Personal Business Advisors, which made me think about franchise opportunities for the first time in my career. I have one quick question:

Isn’t franchising basically the food industry?

Best, Louis

 

Dear Louis,

I believe the perception that franchising consists mostly of restaurants is wide spread.  Their high visibility locations and advertising dollars make us more aware of their existence.

However, they only represent the minority of the franchise opportunities. Most (60% plus) of all franchises are NOT in the food or retail industry. They are service franchises; many of which are white collar with a six-figure income opportunity.

I recommend you share with Senior Advisor what your background, needs, preferences, strengths and weaknesses are. You may be surprised to find out about the number and different nature of franchises that are available that may be a good match for who you are and where you are in life.

 

Sincerely, Sage


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