- 13 May
Benefits of Owning a Franchise in Dallas
As a franchise we are growing right now, and it doesn’t look like we’re going to stop any time soon. Are you the right candidate to run your own business and own a franchise in Texas? If so, here’s why you should consider an OpenWorks franchise in Dallas.
The Dallas-Forth Worth area is a prime spot to open and sustain a business. In 2013, this area’s economy ranked 6th in the nation at over $440 billion, according to the U.S. Metro Economies report. That same report predicted that the DFW area would only continue to grow in the coming years, and so far, their predictions have held true. The state of Texas as a whole also has a strong economy, although the falling crude oil prices will slow the growth of certain areas of the state. Thankfully, Dallas has a varied market and will continue to see growth in the economy and the number of jobs. In fact, the area currently has an unemployment rate of 4.4 percent which is down from the national average of 7 percent.
- Key Takeaway: A large economy with even more expected growth and strong job prospects creates a market that is perfect for opening and running a business.
The booming economy of Dallas isn’t the only selling point for this amazing city. Residential construction contracts are increasing at a rate of 6.4 percent a year. That means there is steady and continuous growth in the number of homes that could use cleaning services. Furthermore, the industries with the highest job growth are also the industries experiencing growth themselves. In Dallas, these industries are professional and business services, trade, transportation and utilities, and retail. All of these industries provide a wealth of potential clients for OpenWorks services.
- Key Takeaway: Booming businesses in the Dallas-Fort Worth area will supply a greater client pool for your business to grow and expand now and in the future.