Turning an independent business into a franchise can turn around struggling stores

Posted on November 10, 2010 by Stacey Fousse

One of the most popular ways for entrepreneurs to turn around their struggling businesses is by converting them into a franchise. While some dream of making it on their own, often it can prove to be too difficult and result in the business losing money. But small business owners who have struggled once may find that hooking up with a nationally recognized brand is just what they need to have success and learn new skills.

One of the most successful franchises to take advantage of this trend as of late has been FASTSIGNS. The international sign and graphics franchise has linked up with many local businesses through its Franchise Growth Though Conversion Initiative. The franchise's senior vice president of franchise development, Mark Jameson, said that people had latched onto the business model.

"FASTSIGNS offers a proven economic model and stability to individuals looking to increase their profits while decreasing costs," said Jameson. Our conversion initiative allows store owners to experience all the benefits and support of an established system while remaining in business for themselves.

Dick Freeborg is one of the latest sign store owners to undergo the conversion process. He will own and operate his store as a FASTSIGNS franchise in Victorville, California.