Why Now is the Time to Franchise with Rumble
Do you know what Apple, NetFlix, AirBNB, Burger King and Sports Illustrated all have in common?
They are all successful businesses that were born out of a recession. It’s actually shocking when you do the research (although in this case we’ve done it for you) to see how many incredible businesses and entrepreneurs found their way through a downturn!
Let’s take a strategic look at what happens in Canada during a recession: the cost of opening a businesses can be much lower! Think about the costs of real estate and equipment – generally lower in a downtown. Not to mention that quality people may be out of work, allowing you to hire the best of the best to bolster your franchise with inspiring and hard working team members.
As we saw during the pandemic, downturns see the weaker businesses close – clearing out competition you may have to had to face otherwise.
But during the pandemic, Rumble opened two new studios and saw them thrive. Rumble’s CEO, Cissy Chen, was on BNN Bloomberg in March 2023, discussing how despite economic uncertainty, we are pushing ahead, and why she knows we’ll win.
We have a proven business model that works, even when the economy may be volatile.
Rumble’s franchise model provides you support and guidance, and people who have already been through it! Franchises typically have a higher success rate than start-ups, giving you confidence that even with a downturn, Rumble could be the difference maker to launch your studio and make it a success!
And the banks are on your side too. In this 2022 Forbes article, they state “lenders are more likely to look favourably on applications for funding to finance a franchise that comes with a track record of success as opposed to an independent venture that is perceived as being higher risk.” Rumble has the history and the numbers to support this.
With Canadian economists predicting a recession, now is the ideal time to take that jump in your career, get away from the monotonous 9 to 5, and become a franchise owner with Rumble Boxing Studios. With countless benefits to franchising, we help to navigate you every step of the way.
If you have any questions about our franchising opportunity, be sure to check out our Franchising page and fill out our online Franchise Information form to request more information about franchising with us.