Franchise PlayerNovember 1, 2012 – In The News
According to the International Franchise Association’s 2012 Third Quarter Franchise Business Economic Outlook Report, the number of franchise establishments in the United States will increase by 1.5 percent this year, which means about 11,000 new businesses for the country.
With more than 2,000 franchises in 80 industry categories to chose from when franchising, navigating and deciding when to invest can be difficult. Fox Rothschild attorney, John Gotaskie, provides legal advice to many clients interested in opening a franchise.
“I advise people to really investigate the business, exercise due diligence, go to business expos, and make sure you actually like the business. If you don’t like cleaning, it might not be a good idea to open a janitorial franchise,” said Gotaskie.