Turn your recent layoff into a chance to succeed.
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Just about the most significant trends in franchising in the last 15 years may be the emergence of ex-corporate executives as new franchisees. This trend began in earnest with the downsizing of the first ’90s, and has continued steadily–corporate layoffs of white-collar workers have grown to be a means of life in large companies.
This is really exciting for franchisors, as the pool of potential franchisees is not only larger–it also includes many people who have extensive management experience. Several prospective franchisees likewise have significant capital available because of severance packages or just via years of getting high salaries (read " Executive Decision ").