Business advice franchises are growing trend

Posted on November 09, 2010 by Stacey Fousse

Business advice franchises represent one of the best opportunities today for entrepreneurs. For people with a high level of business-related knowledge who have become disinterested in their current position, linking up with a business counseling brand could be just what they need to add excitement and financial security into their lives.

One of the leading franchises of this kind is ActionCOACH. Founded in 1993, the company is one of the fastest growing franchises of its kind, and has led to the success of many business coaches around the country. Roger Engelau is just the latest in a line of people discovering that their knowledge of small business could allow them to help others and become part of a respected brand.

"When I was first exposed to the full ActionCOACH toolbox, I was like a kid in a candy store. I know these tools will really help local businesses," Engelau said. "So many businesses in our city are experiencing great pain and anguish associated with the difficult economy, I knew I needed to do something. Now I have the tools to give them hope, and results."

Coaching franchisees have been some of the most successful entrepreneurs in recent years. The relative low cost of opening the business could leave a hefty profit for those in the field.