Around The Business Channel: Franchise Pick

Around the Business Channel is featuring Franchise Pick this week. Franchise Pick is written by Sean Kelly, one of the best bloggers on our channel. Franchise Pick is all about picking the best franchise for you. For those of you that are regular readers here at Interview Chatter, if you are in the job market, visiting Franchise Pick could be an option.

Why not consider owning your own franchise? Before you take that huge step, check out Franchise Pick. Sean has some excellent information on his blog about all kinds of available franchises. Stop by, ask some questions, leave a comment.

I found this very interesting article, Don’t Get Burned by the Hot New Franchise Syndrome. Take a look at this excerpt:

“Hot New Franchise Syndrome” Strike Again

My take on the subject is that, no, this is not unique to these concepts nor to the fitness segment of franchising.  Since I entered the franchise industry nearly 20 years ago, I’ve witnessed a parade of exciting new franchise concepts explode onto the scene only to disappear without a sound 3 – 4 years later.

The franchisees of the 30 minute fitness concepts are suffering from what I call the “Hot New Franchise Syndrome.”

Think about it:  What is franchising?

The power of franchising comes from the duplication of successful, established systems, right?  The premise is that the franchise fees, royalties and advertising contributions a franchisee pays, and the autonomy he or she forfeits, will be more than offset by the benefits of the established brand, systems, and procedures that have been proven and fine-tuned in the marketplace.

Yet while many want the safety and security of something established, they also want the “hot new concept,” and with it the idea that they’ll get rich by being in the right place at the right time. more>>>

Go ahead, click the link and go read the rest of this article. It is very good. If you are in the job market, and you have considered opening a franchise; visit Franchise Pick. Sean will be an excellent resource for you as you work through the details of making a decision.