Thinking about owning your own franchise? As franchise experts, the most valuable advice we can give you is to explore every option out there. There are thousands of franchise opportunities, all in different industries.
To be successful as a franchise owner, you really need to open up your business at the right time. By “the right time,” we mean the more your business is in line with the trends, the more likely it will be successful.
Here are the top 3 franchise industries that are seeing terrific growth that is worth the investment:
Health and Wellness
Consumers today are all about looking and feeling their best and we don’t expect this to change any time soon. With that being said, health related franchise businesses are on the rise. A health franchise is any gym or innovative workout concept. If we’ve learned one thing its that people today are all about trying fun and new workouts.
When it comes to looking and feeling your best, this also extends to wellness. We live in a fast-paced world, and everyone needs a little something to help them relax and wind down. Spa franchises have seen tremendous growth in the last few years.
We’ve seen a drastic drop in the number of “handy-man” services available. But with that, we’ve also seen a rise in the residential services sector. This includes house cleaning services, plumbing services, lawn and lumber services, or anything else that people used to do on their own.
Consumers today are all about convenience and it is definitely convenient to call up a cleaning service and come home to a clean home. We expect the residential services industry to grow even more within the next few years!
In the past, women frequently made visits to their local hair salon or nail salon. This still remains true, women do love (and need) their hair and nail salon, but they’ve made quite a few additions into their beauty routine.
Eyelash and eyebrow franchises have been a huge hit in the last two years! Women have found that with these services, they can save a quite a bit of time in their beauty routine in the morning, and it helps them achieve the look they’re going for. Another interesting fact is that these beauty services not only appeal to women, but men too!
The best part about owning one of these franchises is you really don’t need a large space, which means you won’t be spending a ton of money on rent.
Find The Right Franchise Opportunity
As franchise consultants, it’s our job to help you find the right franchise opportunity. Believe us when we say there are so many options out there! While it might seem overwhelming, we can assure you that with so many opportunities available, it only means there is a perfect match for you!
Are you looking to get into the franchise industry? You don’t have to go through it alone. At Hundred Acre Consulting, we will help you find the best franchise out there that fits your lifestyle.
Want to learn more? Give our team a call!