Some Businesses Are Thriving In Spite Of The Economic Downturn
At Franchise Gator, we have heard from many of our customers regarding how their business was impacted due to the coronavirus pandemic. The struggles many franchise businesses faced has forced them to shift their focus from finding new franchisees to doing everything they could to help their current franchisees get through this troubling time.
That struggle trickles down to those interested in becoming a business owner as a way of taking more control of their financial future. With many industries struggling and not appearing to be a particularly good investment at this very moment, a lot of prospective entrepreneurs are searching for a recession-proof business. Or at the very least, a corona-proof business.
Fortunately, many of these recession-proof businesses reside right here at Franchise Gator. Not every Franchise Gator Client is feeling the pinch. A handful didn’t miss a beat during the pandemic. In fact, some saw a spike in business, as the product or service offered aligned with the fight against COVID-19. That makes for a great opportunity for future business owners.
I recently spoke with the following 4 Franchise Gator clients to learn more about why their business is thriving right now, and what makes them a strong opportunity to invest in.
- Glen Stroud from Sure Step – $25,000 investment, $20,000 cash required
- Kris Roglieri from Commercial Capital Training Group - $26,000 minimum investment, $20,000 cash required.
- Shawn Hull from Blue Coast Savings - $22,900 investment, $22,900 cash required
- Brian Brinegar from Bio-One Inc – $125,000 Net Worth Required, $85,000 cash required
Here is what they each had to say…