Here, there and everywhere
To buy a franchise license? To start your business as a part of a large chain? No problem. You do not need to spend any time thinking about business idea. Just open business pages of your newspapers, business magazines and search the Internet. Economists predict that very soon a half of all retail shops will make money for “the Kingdom of Franchise”.
As I think it’s not a good sign. It points to a growing problem of slowing down in business sphere. Many new entrepreneurs don’t want to put on their “thinking-caps” and think about new products, new ideas of selling, promotion or new technologies. They are not ready to take a risk. Sometimes I even think that franchise expansion can become one of the main reasons leading to slowing down the economy in general….