First, he says, high-quality employees are available for a good price - and the same can be said for buildings and equipment.
To make this deal even better, those high-quality workers are even less risk adverse than they would be normally. They understand that even jobs at the largest companies may not be secure, Libertiny says, so they'll be more willing to come on board with a small business.
Finally, team members will be able to concentrate fully on the company's mission and strategic objectives, because success will depend on being profitable. A business that can make it during the present economy will truly set itself apart, Libertiny writes.
There is evidence that small business owners are confidently taking advantage of these circumstances to improve their companies. A recent survey presented by FedEx Office found that 72 percent of small business owners believe they will be the driving force behind economic recovery.
The Liberty Tax Service franchise opportunity is #9 on the fastest growing franchises list of the 2010 Entrepreneur “Franchise 500.” Our tax franchise is an affordable and viable business choice. Each office provides thorough, computerized tax preparation coupled with superior customer service. For the best small business opportunity in the income tax franchise industry, choose Liberty!