Franchise community starts video blog

The franchise industry seems to have unlimited potential. More and more starting entrepreneurs consider starting up a franchise and many business formulas have been turned into franchises over the last couple of years. Over the last year (2006) the franchise industry in the United States was responsible for nearly 10% of the nation’s private-sector economy.

To stay in touch with the current events on the internet, franchise community Franchise Circle.com has set up a video blog for franchisees and franchisors (Franchisor.tv). The site is set up to compete with the traditional online advertising since online video usage has exploded lately. Registered users can upload videos from their camcorder or mobile phone and store their (promotional) videos on franchisor.tv.

Eventhough Franchise Circle.com has proven itself as a professional networking site for the franchise community, I can’t really see how franchisors or franchisees should benefit from a video blog but maybe that’s just me. Have a look for yourself on franchisor.tv and tell me what’s your opinion.