Jump-Start Your Career With a Franchise

By Ben Baggett

Posted: August 12th, 2013

Category: Editorial

When Rowley Mayo, 62, was downsized from his job as a finance executive in 2009, he wasn't ready to stop working. But Mayo soon learned that companies weren't lining up to hire workers in his age group, especially those accustomed to earning six-figure salaries.

Rather than accept early retirement, Mayo, who lives in Elk River, Minn., decided to start his own business. While researching opportunities, he consulted with a franchise broker who introduced him to Mr. Appliance, a home-service appliance-repair company with 148 locations in the U.S. After talking with franchise owners and company executives, he launched his franchise serving the Minneapolis suburbs in December 2010.

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