RESOURCE(FUL) Series: What Tim is reading this week

Our Resource(ful) Series pays homage to our Core Value of emphasizing Continuous Education in the industry.  See what the Spark team is reading, and why they chose to share it! 

We are kicking off this series with Tim Blommel from our Business Development and Special Projects Team.  

"Why the Pandemic is causing a boom in franchising"

Read the Original Article Here!*

     In my short time with Spark Franchise Solutions, questions that I always ask myself are, “In an extraordinary time in our country (and the world), when a pandemic has caused so much chaos - all-time high unemployment, people losing their savings, fear of being around people, etc., why is our business thriving? Why does franchising seem invincible to these barriers, when other businesses fall off the map? Why are so many people turning to franchising?

     This article offers insight into why - going over Low-Interest rates, qualified Franchise Playbooks, and the strong opportunities in the industry right now.

     In short, if you are a motivated person, have some capital, and believe in a brand, go for it. You have an environment rife with financial opportunity, you have a map that is proven to lead to success, and you have great support from people who are rooting for you because the better you do, the more money they make. It’s almost too easy! 

Thanks for the share, Tim!

Connect with Tim on LinkedIn here!

Thank you to our source:

https://www.global-franchise.com/insight/why-the-pandemic-is-causing-a-boom-in-franchising