Encouraging Small Business Franchise For Better Economy
Small business is the backbone of modern day economy. Small business can exist and thrive outside of big city and major economic zones. They can also function well in big cities. Small business owner have independence and they can control their rules and regulation. Now a day most big corporations outsource some of their works to small business houses and franchises. Some corporations make franchises and offer plenty of autonomy to the owner for smooth operations. This can benefit both the big corporation and the small business franchise alike. Small business owners get financial, infrastructural, operational and other support and a higher level of control, while the big corporation can get tax breaks and advantages that only a franchise can provide.
Small business empowers local population, gives employment opportunities to young people, lacking employment opportunity and economic exposure. Small businesses are particularly beneficial for women. Most of the small businesses are owned by women and many employees are also women. Women certainly have an edge over men workers:
•Women can work more seriously.
•They adapt to any type of job more easily.
•They become self-dependent and earn their living.
•For many women it is very difficult to leave home and stay outside of work. Small business franchise can utilize local resources and special skills.
•Big business firms sometimes tap this potential for accelerated business growth.
Now a day franchise and business opportunities are abundant. Both in developing and developed country, the government gives special loans and special supports for small business houses. Craftworks, agricultural products and other specialties can be brought to the market, through small business efforts. Small business can benefit the locality where it is situated and it revitalizes economic growth of that land. These businesses can benefit an entire nation by checking the unemployment rate. Give more people hope and confidence in living a better life. Since most small business owners are locally known. The buyer will trust them more. Face to face transactions and business interactions are always entrusted.
The franchise and business opportunities are multifaceted. In towns and suburb it can be IT services, software, computer hardware maintenance, packaged food, home grown flowers and vegetables, crafts, toys, and clothes. Many expert services, print and publishing can function as a small business initiative. A handful of workers can work as freelancers and earn a decent living. In impoverished areas, small business can bring enhanced chances of growth and economic generation. As the cost of living increases, it is a good source of earning a second income for a better living.
