While Iowa may not be the first place you think during your search of buying a franchise, it is a good choice for many reasons. Iowans are educated, hard-working, and productive people, contributing to one of the highest labor participant rates in the country. The state’s government has done a lot to regulate taxes and other pieces of legislation to help small businesses succeed. The Iowa corporate tax is advantageous to you as a business owner as it offers the reduction or elimination of corporate income tax. With benefits like the ones above, there’s no reason not to buy a franchise in Iowa today!
Franchising is a great way to dip your toe into the lifestyle of entrepreneurship. You will have the opportunity to learn a lot about yourself, how to manage your franchise, and enjoy being in control of your schedule. A part of what makes franchising alluring to people is the level of support you get can from corporate- whether it helps with financing, training, or marketing- there will be someone you can lean on.
If you’re looking to be more independent and make your own decisions about products or direction of the company, consider buying an existing business in Iowa.