Nanny agencies have been affected hugely by the recession,
the reason for this I believe is for a number of reasons. One of those reasons
is that a lot of high earners have lost their jobs therefore they don’t need a
nanny to look after their children, so many nannies have been made redundant.
This has had a knock on affect because nannies are seeing that there are not
The Business Concept of Franchising
Franchising began more than 100 years ago with Singer Sewing Machine in 1890.
Several other well-known companies followed: Firestone Tire & Rubber
in 1900, Hertz Rent-a-Car in 1925, Dairy Queen in 1944, ServiceMaster,
Baskin-Robbins and Orange Julius in 1948 and Kentucky Fried Chicken in
1952. In spite of this early start, franchising didn't really "take off"
as a viable method of business expansion until the late 1950's.
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