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Why You Should Invest in a Healthcare Franchise
Healthcare franchises are a lucrative part of the franchising industry. No matter what the economy’s state is, there will always be a need for a healthcare franchise. According to industry experts, the preventative healthcare market has grown 25 percent in the past five years, and it doesn’t show any sign of stopping. Also with the current state of the world,…
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Why You Should Invest in Multi-Unit Franchising
Since the beginning of franchising, single-unit franchises have been the bread and butter of the franchising industry. However; in recent years, multi-unit franchising has quickly risen in the ranks as the most popular franchising opportunity. To date, multi-unit franchises account for 53 percent of the 450,000 franchise units in the U.S. and it doesn’t show signs of stopping. You might…
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5 Questions to Ask Yourself Before Franchising Your Business
There are many benefits to franchising your business. It’s an incredibly lucrative industry and one that keeps our economy thriving. In 2017 alone, franchises provided nearly 7.6 million jobs and produced $674 billion in economic output for the U.S. So, it’s understandable why you want to make your dream of franchising your business a reality. However, before you start the…
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6 Ways to Market Your Franchise Business
Marketing is one of the main pillars of success in the franchising industry. It increases brand awareness and increases the number of franchisee applicants you receive. However, this path to success requires consistency and a focused effort to establish a profitable brand and business model that others then want to invest in. Below, we discuss six ways to market your…
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Top 4 Franchise Trends for the Rest of 2020
The franchise industry saw many changes in 2019, however none like what we’ve seen so far in 2020. The oncoming of COVID-19 has shifted the industry as well as any trends predicted for the new year. Before the pandemic, the franchise industry was slated to increase by 1.5 percent to 785,316 franchise establishments. However, because of countless jobs lost and…
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Which Kind of Franchise Model is Best for You?
Congratulations! You decided to buy a franchise. Running a franchise has long been considered a popular business venture for newcomers and veteran business owners alike. In fact, the International Franchise Association reports that 4 percent of all small businesses in the U.S. are franchises. The next step in your journey is to decide what kind of franchise owner…
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Excellent Reasons Why You Should Invest in a Semi-Absentee Franchise
Semi-absentee franchise models are quickly growing in popularity as the perfect option for business owners who have smaller time availability. Those who invest can enjoy the franchising perks, which often includes unparalleled support, franchisor guidance, and a proven system. But the benefits don’t stop there. Below we share a few more benefits to buying a semi-absentee business. You Can Own…