No Matter the Economy, Some Franchise Categories Continue to Grow
No Matter the Economy, Some Franchise Categories Continue to Grow
To know which category of franchise opportunities is growing, you should regularly check out reliable franchise consultant websites. The site regularly posts helpful information on the latest industry trends and growth pattern of different franchise categories. Below are some categories, which have been earmarked by many industry veterans as growing categories:
Senior Care: The senior population in the country is going to touch a whopping 70 million by the next 10 years. And these seniors are much different than their predecessors. They don’t want to abandon their independent lifestyle and with good disposable money in their hand, they are looking for hiring home-care helpers more than anything else. The franchise opportunities from this category are also popular because most of them are home based or low cost franchises.
Handyman services: The growing numbers of senior citizens have also fueled the demand of franchise business for sale offers from this category. Add to it the prominence of double-income families in today’s society. This has lead to the demand of handymen services to carry out minor repair works in the houses.
Maid and cleaning services: This is another category that has profited from the changing social scenario. Both senior citizens and time-pressed working couples find employing a reputed maid-service or cleaning agency is a much easier and hassle-free idea than doing the work themselves!
No Matter the Economy Some Franchise Categories Continue to Grow - To learn more about this author, visit Michael Hemenway's Website.
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Everyone wants to be with the winner. That is why prospective franchisees in the market always go for growing categories when they want to buy a franchise. But before selecting any category, it is very important to check out why the category is witnessing such a growth. There are many categories that may be growing because they are the current “fad” in the market. Such growth is not stable and may not be viable tomorrow. If you want to be in the franchise business for a long-term period, these concepts can prove to be disastrous choice. But choosing a category, whose demands are growing due to social or economical reasons, is always better.
To know which category of franchise opportunities is growing, you should regularly check out reliable franchise consultant websites. The site regularly posts helpful information on the latest industry trends and growth pattern of different franchise categories. Below are some categories, which have been earmarked by many industry veterans as growing categories:
Senior Care: The senior population in the country is going to touch a whopping 70 million by the next 10 years. And these seniors are much different than their predecessors. They don’t want to abandon their independent lifestyle and with good disposable money in their hand, they are looking for hiring home-care helpers more than anything else. The franchise opportunities from this category are also popular because most of them are home based or low cost franchises.
Handyman services: The growing numbers of senior citizens have also fueled the demand of franchise business for sale offers from this category. Add to it the prominence of double-income families in today’s society. This has lead to the demand of handymen services to carry out minor repair works in the houses.
Maid and cleaning services: This is another category that has profited from the changing social scenario. Both senior citizens and time-pressed working couples find employing a reputed maid-service or cleaning agency is a much easier and hassle-free idea than doing the work themselves!
No Matter the Economy Some Franchise Categories Continue to Grow - To learn more about this author, visit Michael Hemenway's Website.
Like this article? Share it with your friends
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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