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Franchising: The Corporate Ladder is Broken. Create Your Own [INFOGRAPHIC]

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The world has changed and the white picket fence and corporate ladder has been replaced. Today, entrepreneurship is an alternative to those that are seeking to reach personal and professional goals and don’t want to wait to climb the ladder. Often starting a business requires a lot of risk and sometimes those seeking to “take a leap of faith” are paralyzed by the thought of so much risk. That’s where franchising can alleviate some of that risk and provide the opportunity to find a franchise that reduces the risk of failure. The Small Business Administration explains that a franchise is “a great alternative if you want to have some guidance in the start-up phase of the business. A franchise is a business model that involves one business owner licensing trademarks and methods to an independent entrepreneur.”

Faizun Kamal of FranNet is a a local Washington DC area FranNet consultant and she provided some infographics below about the changing faces of franchising and how to create your own ladder because the corporate ladder is broken.

Courtesy of FranNet consultant: Faizun Kamal

Courtesy of FranNet Consultant: Faizun Kamal

 

About Gresham Harkless Jr.

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Gresham Harkless is a Media Consultant for Blue 16 Media and the Blogger-in-Chief for CEO Blog Nation. CEO Blog Nation is a community of blogs for entrepreneurs and business owners. Started in much the same way as most small businesses, CEO Blog Nation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice. CEO Blog Nation provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.
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