Why Invest in a Knoxville Franchise?
SuperGreen is excited to announce the latest franchise opportunity in Knoxville, Tennessee! If you’re looking for an investment opportunity in one of the fastest growing industries in the world, SuperGreen is the choice for you! Our unique storefront offers our customers a way to get green products and technology right from someone who knows and understands the products. We take great pride in offering our customers the best products, sold by the best teams in the best locations. That’s why we want to expand with a Knoxville franchise. Knoxville’s economy is thriving and is helped along by one of the best small business assistance companies in the nation. Keep reading to learn more about investing in this dynamic city.
Knoxville’s economy is one of the strongest in the nation. The city’s unemployment rate is low and the job growth is almost double the national average, meaning the residents of Knoxville are more likely to be active in the workforce. In addition, it’s extremely inexpensive to live in Knoxville where the cost of living is 12% lower than the national average and the cost of housing is a whopping 20% lower than the rest of the nation. Even better is the fact that median household income in Knoxville is only slightly lower than that of the rest of the nation, so the people who live there earn almost as much as the national average but pay a lot less to live. These economic factors were likely important when Forbes formed its list of the two-hundred Best Places for Business and Careers, in which they ranked Knoxville #64. This thriving economy makes owning a franchise in Knoxville enticing indeed.
Small Business Resources
In order to keep this local economy as strong as possible, the city of Knoxville invests heavily in helping small businesses flourish. That’s why the city and various other private and public institutions have partnered with the Eastern Tennessee Economic Development Agency, or ETEDA. ETEDA offers a myriad of services to small business owners and owners of franchises in Knoxville, including demographic information, real estate connections, business plan development, and counseling. In addition, ETEDA conducts massive research on the eastern Tennessee region to comprehensively understand the area’s industries and demographics. Such data is indispensable for a Knoxville franchise owner, as it can help make such decisions as where to locate within the city. If you can utilize these resources, your franchise in Knoxville is sure to get started on the right path.
In Knoxville, small businesses make up a huge part of the economy, and franchises are integral to that. Knoxville has a lot to offer a franchise owner, and we at SuperGreen think this location is one of the best. The unparalleled level of research conducted by the ETEDA is such a valuable resource to a franchise in Knoxville. If you’re ready to be your own boss and start your own business, click this LINK to learn the next step to becoming a Knoxville franchise owner.