Franchising is Booming Despite Slow Economy

By KAAREN VALENTA

Published: Dec 26, 2003 12:00 am

Every eight minutes of every business day, a new franchise business opens its doors, with both home-based and female-run businesses on the rise. In 2003, the 12th annual Franchise Business Forecast and Trends Analysis predicts a solid four to five percent growth. During the recent slowed economy, the franchise sector saw an eight percent boom and some think it could be the driving force behind an entrepreneurial revival.

According to the International Franchise Association, there are more than 320,000 franchised small businesses in the United States. today. These franchises account for more than 40 percent of retail sales and employ more than eight million people.

âFranchising is a proven, effective, and very accessible system, bringing dreams within reach for a growing number of people seeking self-employment,â explains Tim Stubbs of Newtown Entrepreneurâs Source.

âNo matter the interest or the budget, the majority of my clients are choosing to open franchises,â said Mr Stubbs whose company, The Entrepreneurâs Source, was ranked among the top franchise business-consulting firms in the nation by Entrepreneur Magazine.

Mr Stubbs explained that franchised businesses have become more attainable. Entrepreneurs find working with a proven commodity a sure-fire way to achieve goals of ownership, but in essence, have a support team always behind them.

Â âFranchises offer a wide range of choices, varying levels of financial commitment, large support systems, and a steady consumer confidence in the consistency of trademarked products and services. Youâre free to own, manage, and direct your own business under the umbrella of a proven system, with coaching and guidance from experts who help you look at all your possibilities and options and help you realize your dreams,â he said.

âMany relatively affordable franchises are available in numerous and diverse industry sectors with a range of financing options,â he added.

The Entrepreneurâs Source is part of an international network of self-employment coaches who work with individuals and companies looking for successful opportunities for business ownership and expansion. A no-cost, no-obligation education service is available for those who want to learn more about whether business ownership could be a viable option to meet their professional and personal goals, needs, and expectations.

The Entrepreneurâs Source is an independent business ownership consulting company with more than 250 offices in the United States and Canada offering a full range of services to individuals interested in self-employment and companies searching for methods of expansion. The goal of the Entrepreneurâs Source is to help clients identify alternative career options that best meet their goals, needs, and expectations. The company has a support center in Southbury.

For more information on The Entrepreneurâs Source in Newtown contact Tim Stubbs at 364-9000 or write esourcect@earthlink.net. For information on the company, visit www.theesource.com/TStubbs, or call the International Support Center at 800-289-0086.

Resident To Celebrate Publication Of New Poetry Collection

Dems Talk Town Topics During Senior Center Lunch & Learn

Edmond Town Hall Launches Taylorville Concert Contest With Sweet Local Prizes

The Way We Were

Cindi Broughton

Congratulations on your nomination. In your announcement, you mentioned that Newtown faces real pressures, including “traffic patterns that make everyday life more stressful.” One growing concern for many residents and business owners is the repeated traffic disruption on Main Street caused by large-scale protests and rallies at the flagpole — held without a unified permitting process. Given that Main Street is a state road with a history of serious traffic and pedestrian safety issues, how would you, as First Selectman, approach the impact of these gatherings on traffic flow, public safety, and local businesses? I ask this with sincere interest in understanding how your commitment to “thoughtful planning” and “unity of action” would apply to this very real and recurring issue.

Democrats To Run Walczak For First Selectman

I appreciate Ryan’s thoughtful and grounded perspective on the need for a consistent, transparent, and lawful permitting process for large public events in Newtown. His approach reflects common sense within the framework of the law, balancing public safety, free expression, and fiscal responsibility—exactly what we should expect from our elected officials. In contrast, I was struck by Bruce Walczak’s comment suggesting that informal and "extensive discussion" are the preferred solutions to complex public issues. While there is certainly value in dialogue, the idea that decision-making should replace the thoughtful legislative process is troubling—especially coming from someone running for First Selectman.

Says ‘No’ Vote Sidestepped Due Diligence

I am grateful to The Democratic Town committee. I can vouch for the careful consideration they took in selecting our candidates. I appreciate their confidence in my managing skills to address the many issue facing Newtown. Ill be conducting listening tours over the next few months to gain a deeper understanding of my Newtown neighbors concerns and will be ready to address then day one.

There has been a rash of dog attacks, at least three that I know about on the sidewalks in town. Owners of pets need to be more attentive and respectful of their neighbors. Aggressive dogs need to be watched carefully to protect all. This is a serious issue and should be addresses not swept under a rug.

We Need A First Selectman Who Cares

I attended the meeting, and the results were reached after extensive discussion. Thats why its important to attend these high profile meeting, you see the facts yourself, As Alex, in the following letter, said the solution is not always more rules and legislation. Speaking to each other often solves issue a lot quicker with more flexibility.

<< Jul 2025 >>
S	M	T	W	T	F	S
29	30	1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29	30	31	1	2

Log In

Franchising is Booming Despite Slow Economy

Leave a Reply Cancel reply