Louisiana is a state of opportunity when it comes to businesses, making it a good place to consider buying a franchise in. One of the reasons entrepreneurs are attracted to the state is because Louisiana’s tax burden ranks among the top ten lowest in the nation for new facilities, relocation, and facility expansions. If you’re someone who already has a lot of experience in franchising, this state is a good choice to research in which to expand your branches.
If you’re new to entrepreneurship, franchising is a great place to start due to the high level of support franchisees receive from their corporate parents and the government. At the corporate level, they will likely have the training, financial help, and detailed marketing & product plans- things most business owners spend a lot of time on. In this case- you are free to focus on the day-to-day operations and leave the rest to corporate.
If you are looking to implement your specific plans to a business, consider buying an existing business in Louisiana.