Byrider is a Great Recession-Resistant Franchise Opportunity!
Let’s be honest — hard economic times come (and go) — and they affect every aspect of our lives, especially if we’re business owners. Our livelihoods demand that we be ready for downturns and to weather them as best we can. However, small independent owners often find themselves alone during times of economic turmoil, and depending on what sector they’re in, can easily stand at the brink of failure. Nobody wants to be there, but the good news is, while no brand or business is immune to the effects of a bad economy, some are better positioned to handle them than others — and automotive franchises are one of them!
Considering Recession Resistant Industries
According to a recent Entrepreneur article, there are a number of recession-resistant industries that investors would be wise to consider when thinking about going into business for themselves. Automotive franchises are among them, and there are some good reasons for that: first of all, folks will always need cars, no matter how the economy is doing (and perhaps more so during downtimes). Byrider specializes in providing communities across the country with quality used cars at affordable prices, and because we’ve been in business for over 30 years, we’re a leader in our industry. All our franchisees benefit from our respected and recognized brand name, which oftentimes makes us the first place people go to when shopping for a used car. Secondly, cars will always need to be serviced, and every Byrider franchise location offers high-quality maintenance and repair services to all its customers.
We are committed to providing communities with not just great used cars and the financing needed to drive them off our lots, but the skilled personnel needed to keep those cars running smoothly and safely. Our in-house service garages can handle just about any need, and all our vehicles are covered by our Byrider warranty or extended service agreement. And because we know how important they are to keeping an engine running optimally, we offer discounted oil changes to all our customers as well. All these differentiators make Byrider a standout among businesses that do well in recession.
Hard Times May Be Easier to Handle
Regardless of how the economy may be faring, when you partner with Byrider you can count on comprehensive training and support to help prepare you to do business. We know the continued success of our brand depends upon the success of each and every one of our franchise partners, which means we are there for them every step of the way: before, during, and after they open their dealership doors. Our proprietary software, our marketing expertise, and our networking opportunities are just a few of the ways we help our franchisees weather the ups and downs of the economy, perhaps making hard times just a little easier to handle.
Ready to find out more about why a Byrider franchise opportunity might make perfect sense? Reach out today!