On behalf of the entire team at Collaborative Franchise Systems, LLC (cfsfranchise.com) I want to thank all of our customers; advisors; vendors & suppliers that made 2022 such a great year.
Here are 3 Reasons 2023 is a Great Year to Franchise Your Business. As a franchisor developer, CFS continues to analyze trends, create innovations, and discover opportunities in the franchise industry. Let our 30 years of experience help you grow your business.
#1 – Inflation. With record inflation, employers will be releasing top-quality managers in order to cut costs. Franchisors with properly priced, innovative, and profitable concepts will attract these top managers who have decided to own their own business but can’t afford to take the risk of a startup. Also, these managers may have 401k Rollovers that can help fund their franchise purchase.
#2 – High Interest Rates. Yes, that’s right, higher interest rates enhance your ability to expand your company. The Small Business Administration has low rates to finance franchise development. At CFS we have other lenders, subject to FICO score, that may be able to help also. Business ownership can provide more ROI than savings in this economy.
#3 – Collaboration. Both Franchisor and Franchise can partner to grow your Brand and change your business from just an income to a Wealth Strategy. We have great strategies to help you.
If you are interested in exploring how you can grow your business through franchising using our proven S.I.M.P.L.E. Method, use this link to Contact Us to schedule a FREE Discovery Video Call where we can confidentially discuss franchising your business.
Again, have a Happy and Prosperous New Year!
Dr. Robert A. Needham
Collaborative Franchise Systems, LLC