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Technology Franchising Outlook
Bob Weinstein is a journalist who covers technology, project management, the workplace and career development.
They used to say that techies had no interest in business. Just give them a cubicle, a powerful computer, fast Internet access and privacy, and they were content.
Veteran techies and IT project managers, especially, ought to be insulted by that stereotype. You can be a technical wizard and still love and excel at the business end. And there is no shortage of billionaire techies and IT PMs who’ve taken their technical smarts and built global business empires.
That said, many franchises are projected to do exceedingly well in 2008. That includes a host of technical franchises as well. And it’s because historically, franchises tend to do well when the economy slows down. This year, the economy, which has been recording rapid growth over the past three years, is forecast to taper off somewhat.
The great news is that the technology franchise landscape has been aggressively expanding over the pastdecade. In fact, you’ll be pleasantly surprised to learn that there are more franchisesout there than you realize. And new ones are starting up every day.
In an uncertain economy, it’s smart to have a backup plan in caseyou should suddenly find yourself jobless. Consulting and contract work have always been mainstays for laid-off IT workers. Technical franchises ought to be another alternative. Depending upon your …
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