New Franchise Consulting Business Launched Despite Sluggish Economy

Virginia Beach, VA, September 01, 2008 --(PR.com)-- Virginia-based FranchiseThis! (www.franchisethis.com) has launched as a new business startup despite a struggling national economy. The company is wholly-owned by JTH Tax, Inc., (dba Liberty Tax Service) which currently ranks in the top 10 fastest growing franchises based upon the latest Franchise 500 listing by www.entrepreneur.com. The founding mission of FranchiseThis! is to share its expertise in franchising to help emerging business concepts launch a national franchise campaign. Further, FranchiseThis! can also help existing franchisors in a number of different ways including analysis of current sales system and recommended structure changes, outsource of franchise sales, sales campaigns for single units and area development territories and re-launch of company brand to name a few.

The CEO of FranchiseThis! is Mark C. Johnson, an industry leader in franchising for more than 16 years having held senior level positions with the likes of Jackson-Hewitt and Liberty Tax Service. Most recently at Liberty Tax Service, Mr. Johnson was responsible for implementing the model for Area Development that helped fuel the company’s explosive growth. This Area Development business model has been touted in the franchise world as the model for success for emerging franchises considering Area Development expansion.

Mr. Johnson says, “My vision at FranchiseThis! is to diminish the learning curve for new and existing franchisors alike. We can collapse timeframes while at the same time executing the clients plan for growth. These are exciting times because we get to help fulfill people’s dreams by providing them with a blueprint for success.”

Though only 112 new franchise concepts were registered with the Federal Trade Commission in the first Quarter in 2008, according to www.frandata.com, as compared to 265 in the same period in 2007, the fact remains that companies are still continuing to grow and people are still pursuing their dreams of owning their own business despite uncertain economy. Furthermore, the franchising industry as a whole continues to thrive and outpace its competitors in other business sectors as the March, 2008 International Franchise Association findings revealed, showing that the direct economic output of franchises grew by more than 40% to $880 billion dollars from the previous year.

FranchiseThis! is a member of the International Franchise Association. For more information, please contact Barry Asimos at 800-420-0819 or Barry@franthis.com.

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