Franchise In The Financial Services Sector

Eastside Business Journal:

In past articles I have alluded to the fact that there are about 4000 franchises covering approximately 80 different industries. Often, fast food jumps to mind with the mention of franchise. Since I have been coaching prospective “franchise entrepreneurs,” only one of 75 new enterprises has been in the food business.

It might be educational for readers to begin to learn about the different sectors; therefore, I would like to highlight specific industries that have franchised business models. Today, I will present financial service opportunities and two franchisees who have recently invested in this sector.

Amongst financial service franchises one would see quite a range of businesses such as: payday loan, accounting services, tax advising, leasing, factoring and invoice discounting. Read on.