Could owning a franchise change your life? The International Franchise Expo (IFE) wants to know why.

MFV Expositions, the leading producer of franchise events worldwide for over 20 years, recently launched its “Change Your Life” contest in which one winner will receive free admission to the nation’s largest franchise expo to be held June 15-17 in New York City, a two-night stay for two people at the Sheraton Four Points in Times Square New York, and $500 to enjoy at the convention and around town.

This is the first time the three-day event will take place in NYC after being held in Washington D.C. for 20 years. The event will be held at the Javits Center and will showcase hundreds of franchise companies offering a wide range of opportunities at virtually every investment level. Tens of thousands of prospective investors from across the country and overseas have attended the show.

Through June 1, 2012, those interested can join the contest by “Liking” the IFE’s Facebook page. Fans can then submit their entry by uploading an image and text to the contest page explaining how owning a franchise would change their life. After the entry has been uploaded, contestants can share the entry with their friends and online networks in order to get votes. The entry with the most votes by Noon EST on Friday, June 1, 2012, wins the prize.

“The IFE hosts people from all corners of the globe, each with their own reasons for attending,” said Tom Portesy, President and CEO of MFV Expositions. “We love hearing these stories and feeling the passion and drive that comes with the prospect of owning your own business. Utilizing our social media channel is the best way for us to learn from aspiring business owners and hopefully share their inspiration with others.”