Are you interested in owning a franchise in Phoenix, AZ? This city is perfect for your entrepreneurial aspirations with its flourishing economy, supportive business community, and low cost of living.
However, navigating the franchising industry can be daunting. A franchise consultant, like Adam Goldman, can guide you through every step of the franchising process – from identifying the right franchise opportunities to securing funding and choosing a location.
If you aspire to own a franchise, a consultant can help turn your dream into a tangible reality in the ideal city of Arizona.
Franchising companies and families from high-cost states are increasingly interested in Phoenix, AZ due to its low cost of living. Despite Covid-19 challenges, Phoenix remains a desirable city for millennials, ranking 4th in that category. What makes Phoenix appealing for franchising opportunities?
One major reason why more business owners come to Phoenix is because of the low business startup costs. With a strong local economy and growing population, more and more entrepreneurs are attracted to put up a business opportunity in this city. Investing much can be risky but if you choose to live here, your minimal capital can grow in time.
Arizona as a whole is one of the country’s most tax-friendly states. Veterans and retirees who wanted to start a business in Phoenix are attracted by the fact that Arizona state does not tax their Social Security benefits. Phoenix alone has an average of 2.59% to 4.50% income tax. Arizona, in general, is stated to be 3.5% cheaper than Florida.
According to Inc magazine, Phoenix is 9th in the US for being the leading city to establish a business in 2020. The city does not collect corporate franchise tax with minimal regulations. Phoenix is a pro-business place both for starters and entrepreneurs who want to diversify. Business owners earn high profitable returns because of the low-cost lifestyle in the city.
As a franchise consultant, I can help you find appropriate business opportunities. After assessing your unique qualities and skills, I will recommend at least three business sectors that may be a good fit for you.
By working with a franchise consultant, you can learn how to conduct research smoothly and effectively. An expert consultant will guide you through a step-by-step process, enabling you to achieve productive results in your research.
If you feel intimidated, you can request that your franchise consultant accompany you during your meeting with the franchisor to ensure an organized negotiation process.
As a franchise consultant, I can help you understand the Franchise Disclosure Document and make sure that you fully comprehend it. It’s my job to ensure that any confusion you may have is cleared up.
