Expected American Job Cuts and the Home Business Franchises That Can Help

Unemployment has been slowly rising for awhile,One of the dominant players in the
but with all the economic troubles falling on therecession-proof internet marketing industry, WSI
shoulders of businesses great and small, employerInternet has been named one of the top 50
cutbacks appear to be getting worse. There are afranchises in the world today. They've been in the
few industries that have taken such a hit recentlyindustry for the last 11 years, and have stayed
that their employment level is either already fallingon the cutting edge of online marketing
or expected to fall shortly.consultation from day one. Today, the primary
Just over a week ago, CNN posted an article toresponsibility of a franchisee is consulting clients in
show what industries were likely to see thethe best ways to exploit the internet for the
largest cutbacks next, and their conclusions reallypurpose of marketing their businesses. Franchisees
don't come as much of a surprise. The first onneedn't come with any past experience, but
their list was the housing market, which recentlysimply the willingness to learn the industry.
saw its worst September since 1981. The finance
industry has already seen 110,000 job losses inRocket Vending
the last year, and it's not looking like any changesThe way they describe their business is "vending
to that pattern are in the wings. Retail came upwith a conscience." Unlike almost all other vending
as well; struggling as a market even beforebusinesses, this business for sale contributes a
recession set in, the industry appears to beportion of every candy sale to a breast cancer
crawling toward its slowest holiday season sinceorganization of the franchisee's choosing. The
2001, which means that seasonal hiring may bemachines are built with a colorful, artistic design
much lighter this year. Since advertisers arethat attracts attention and spotlights the altruistic
moving away from more expensive printedintent of the business. And to top everything off,
advertising, employment in the printing industry isthe vending industry is recession-proof, making it
also expected to take a hit. And to finish off thea solid work at home business endeavor in all
list, the automotive industry (primarilyeconomic climates.
auto-production) and the travel market are also
suffering, which means a gloomy outlook forDVDNow
two-million auto workers and countless airline andClaiming another corner of the vending market,
travel employees who are already being let go.DVDNow is one of the leading names in the
The research offers a bleak forecast, but thegrowing industry of automated movie-rentals.
article closes with a ray of hope. One ChicagoFranchisees manage as many automated DVD
businesswoman from the personnel industrymachines as they can handle, placing the devices
recommends that those laid-off work on honingin public places like grocery stores, shopping
skills they've acquired in one line of work so thatcenters, and malls to capitalize on a growing
they can be applied to an industry that may stillsegment of movie-viewers who want renting a
be looking for help.DVD to be quicker, more convenient, and cheaper
That's a wise piece of advice. In fact, the loss ofthan a traditional rental store can make it. This
a job may be the perfect opportunity to takework from home business is not only resistant to
advantage of a work at home businessrecession, but may in fact be counter-recessive,
opportunity. Many home business franchiseesas harder economic times drive more people to
have claimed that being given a pink slip was thecheap forms of quick entertainment.
best thing that ever happened to them, becauseUndoubtedly, it's a nerve-racking time for the
it forced them to drop a line of work they didn'tAmerican economy, but the shrinking of some
enjoy and take up a successful franchise whichmarkets is far from the collapse of all of them.
allowed them to be the entrepreneur theyThe future is anything but lost, and getting
naturally were.through this difficult time is, in many ways, just a
If changing industries sounds like a good move,matter of keeping a stiff upper lip, trying
and starting a home based business is an excitingsomething new, and taking advantage of
prospect, here are some business opportunitieswhatever may come your way. The job market
worthy of a closer look.may not be strong, but that may simply afford
people an opportunity to grow stronger instead.
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