Does it make sense to become franchise consultant these days? Would this make a good career choice? Well franchising is a very rewarding field and good franchise business consultants are needed, as the failure rates for Franchising Companies is 75%. The franchisee failure rate is very low and especially low consider the start-from-scratch small business failure rates. Any time a consultant can reduce business failures in an Industry Sector that indeed is a wonderful thing, thus a career as a franchise consultant can be quite rewarding and worth of interest. There are some drawbacks to being a franchise consultant, as the industry is so highly and over regulated. Although this also means that franchising companies need some help in complying with all the rules. Nevertheless, many of the rules involve legal disclosures required by law and therefore the lawyers have a lock down on much of it. Unfortunately, most of the franchising lawyers do not understand franchising only franchise law, and even then some debate their knowledge there. Franchising Consultants need both franchisee and franchisor understanding and they must have some real hands on experience in the industry. Perhaps a career as a franchise consultant is right for you? Consider all this in 2006. |
