If you’re looking for a new location to buy a franchise, chances are you will not think about Delaware on the first try. But, there are a lot of compelling reasons to consider this state. One of the biggest ones: its “New Jobs Infrastructure Fund”, created to the purpose of accommodating new business owners looking to move into the state. A secondary, but just as important reason to root for Delaware is amount of tourist traffic is gets from neighboring states given its status as the “state with no sales tax”.
Franchising is a great way to enter the lifestyle of entrepreneurship, given the number of safety nets and support systems you can find within your corporate parent. Many large franchises have training for new franchisees, financing available, and marketing plans. These are all big responsibilities that you no longer have to worry about as the franchisee. You are free to focus on day-to-day operations.
If you’re looking to have a lot of say in your business, whether its determining product lines or setting long term goals, consider buying an existing business for sale in Delaware.