Franchisor Spotlight Webinar: Low Cost, Home-based, Mobile Service Franchise Opportunity (1/28/2015 at 2pm ET)

Wednesday, January 28, 2015 | 2:00-3:30pm

This Franchisor Spotlight will explore a low cost, B2B franchise situated in a $10 billion industry.

The franchise provides immediate on-site repair and equipment service and sales through a dedicated network of highly trained and successful industry professionals.

With the potential to be a home-based business, this is an opportunity that provides for a flexible lifestyle with regular business hours; Monday through Friday from 8 a.m. to 5 p.m. Owners will be in charge of providing fast and affordable service to their customers. No employees are required to operate this business.

Franchisees can expect ongoing support from the franchisor, beginning with six weeks of extensive training. Support will continue in the form of field support, annual meetings, advertising, central purchasing and more. Plus, the franchisor’s internal sales team makes outbound sales calls for new customers.

Ideal franchisee candidates will have excellent networking and customer services skills, an outgoing personality and the ability to handle administrative tasks. Some handyman skills are needed. This recession-resistant business offers franchisees the ability to succeed as single-unit operators, as well as seek potential opportunities in multi-unit ownership.

The Franchisor at a Glance:

• Home-based mobile service franchise, catering to the B2B sector
• Low cost, high margin business opportunity
• In-house support systems, including training, advertising, internal sales team and technical support
• Recession-resistant business
• Multi-unit growth opportunity

If this sounds like a good fit for you, we invite you to join us for this informative Franchisor Spotlight. Get started on your way to financial and personal independence!

To register, please visit michiganfranchiseforum.com.  You can also contact me directly at 313-821-5060 or mcory@frannet.com.

Follow @markcory

Current Numbers Provide a Look Toward the Future - Detroit Regional Chamber’s “State of the Region”

My last blog article focused on the Detroit Regional Chamber’s 2014 “Year in Review” and showcased what the chamber worked on in the previous year to help strengthen the Detroit region.

Now, through the Chamber’s “State of the Region” report, we can look at data that shows where the Detroit MSA currently stands.  And, based on trends, we can look toward the future.

---

REAL GROSS DOMESTIC PRODUCT 2009-2013
Data from the US Bureau of Economic Analysis from 2009 to 2013 shows that the Detroit MSA Real GDP Growth Rate was 14.0%.  In that time period, a 1-year GDP Growth Rate was never lower than 1.3%.

From 2009-2013, the National GDP Growth Rate average was 9.0% - a full five percentage points lower than Detroit’s.  In fact, the only comparable MSA to have a higher GDP Growth Rate average was Dallas (16.3%).

---

PRIVATE SECTOR JOB GROWTH 2009-2013
The Detroit MSA gained nearly 150,000 private sector jobs, resulting in a 9.8% job growth rate during that time period.  In comparison, the national growth rate during that time was 5.4%.

Detroit leads its comparable MSA’s in this statistic, followed by Dallas, Atlanta and Seattle.

---

UNEMPLOYMENT RATE, 2007-2014
The Detroit region is closing the gap on its unemployment rate (in comparison to the national average).  As of July 2014, the 9.4% Detroit rate is just over three percentage points from the 6.2% national rate.  The spread is the lowest it’s been since its July 2007 pre-recession level of 3.8%.

This rate includes Ann Arbor, Flint and Monroe MSA’s.

---

PER CAPITA INCOME GROWTH 2009-2013
Since 2009, the Detroit region has recorded a per capita income growth of 3.8%.  This ranks 6th among comparable MSA’s and outpaces the national average by 1 percentage point.

---

TRENDS ARE POINTING UPWARD
The Chamber’s State of the Region showcases that all economic signs for Detroit are pointing up.  You can read the full State of the Region here.

This economic recovery may beckon YOU to participate, perhaps even starting your own business.  Right NOW is that unique “ground floor” opportunity that we all hear about (often years after the fact) that begs the question, “why didn’t I jump in then?”

So, lets talk about business ownership options.  If you don’t have that million-dollar idea, you can always look into franchising!  Franchising gives you the chance to own your own business, while using another’s already proven business concept.

Enjoy my free workshop entitled “Franchising as a Career, an Investment, or Both!” on February 12 in Troy, MI.  Find out more about entrepreneurship, franchising, and how FranNet’s no-cost, no obligation consulting can help you find a business concept that was meant for you, your lifestyle and your goals.  Click here to find out more information or to register for this workshop.

To the right of the screen, take note of the other upcoming free events and webinars that you can participate in.  You can also contact me at 313-821-5060 or mcory@frannet.com with any questions you might have.

The future looks bright as the Detroit region is regaining its prominence.  You can be part of the success by starting a franchised business in the area today.

Sources:  The Detroit Regional Chamber's 2014 State of the Region
http://www.detroitchamber.com/wp-content/uploads/2014/12/StateoftheRegion_FINAL.pdf

Follow @markcory