Why Invest in a Franchise in Lafayette?
Are you looking for an investment opportunity that will let you utilize your business knowledge and be your own boss? Look no further than Transworld, the hottest commercial real estate franchise in the United States. At Transworld, we are constantly looking for opportunities to improve our business, and we think opening a franchise in Lafayette, Indiana will help us do just that! Lafayette’s stellar economy is an asset to any business owner, and the city’s dedication to improvement shows in every aspect of life in Lafayette. If you think you have what it takes to own a business, keep reading to learn why a franchise in Lafayette is the right investment for you.
Economic conditions can make or break a small business, and a franchise in Lafayette is no exception. The good news is that Lafayette’s economy is one of the strongest in the nation. Forbes ranked Lafayette #2 on its list of the two-hundred Best Places for Business and Careers. When you look at Lafayette’s cost of living (11% below the national average) and unemployment rate (nearly 2% below than the national average), it’s easy to see how Forbes gave the city such a high ranking.
In addition, in this city of just over seventy thousand people, 32.5% of them hold advanced degrees of some kind. A likely factor in this is the presence of Purdue University within the city, around which much of Lafayette’s economy is centered. Purdue’s economic impact in Indiana is over $4 billion every year, which is no small amount. Because the university is within the city, the student population of just under forty thousand makes a huge impact on the city’s economy and labor force. Indeed, when you open your franchise in Lafayette, you will be able to take advantage of this well-educated population when you are hiring staff and managers.
When you are making the decision to invest, it’s important to consider the city in which you are investing. Lafayette is an amazing city for franchising because the city makes a great effort to keep the city updated and safe. Each year, Lafayette invests millions of dollars into public works projects, including those that make improvements to the infrastructure. By doing so, Lafayette ensures that the roads and water systems throughout the city are up to date and never dilapidated. As a Lafayette franchise owner, you can be confident that the city will make investments that will help your business as well as the rest of the community.
Lafayette has so much to offer a new business owner. From its stellar economy to impressive city developments, Lafayette makes the ideal location for a franchise. At Transworld, we understand the importance of location when you are opening a business, which is why we want to expand our franchise in Lafayette. If you’re ready to make the investment in your future and your community, click this LINK to find out the next step in owning a franchise in Lafayette.