PoolWerx Chairman Positive About The Economic Downturn

Franchising:

John O’Brien, chairman of pool and spa care franchise, PoolWerx, believes that with smart business decisions franchisees will be able to get through the current economic crisis and in some cases even capitalise from it. Having weathered the economic crashes of 1887 and 1992, the former co-chair of the World Franchise Council is confident that franchisees should remain positive.

“Franchising is a robust industry and due to the structure of the business model it has a greater chance of riding out the waves of this economic storm,” said O’Brien. “The systems and support unique to this industry offer more stability than most businesses, but it is not recession-proof and requires franchise owners to reassess their business development plans and adapt to new market pressures,” he continued.

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