TEN FRANCHISES POISED FOR GROWTH

Guest post by: Ed Teixeira
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The Traits That Define Good Leadership - By Ed Teixeira

When looking for industries that offer the best opportunity for future growth, the same businesses appear, whether it's from the Bureau of Labor Statistics, Department of Commerce, franchise industry experts or independent business websites. Invariably, home healthcare and personal fitness businesses are at or near the top of these lists.

Since there are a number of franchise companies that operate within these business sectors we wanted to identify those that met certain standards. If you have an interest in any of the franchises be sure to thoroughly investigate each franchise and perform your necessary due diligence. We are not recommending any particular franchise but rather are indicating those that have certain positive characteristics. In selecting the Ten Franchises poised for growth we used the following requirements:

• The franchise has shown increases in new franchise growth for 3 consecutive years

• Each franchisor offers some form of financing

• Investment requirements for each franchise appeals to small and large investors

• The franchise fits into the home healthcare or personal fitness niche

• The franchise has been in business at least 7 years

The Ten Franchises that met these requirements are:

Home Healthcare

• Home Instead

• Right at Home

• Senior Helpers

• Com Forcare

• Home Care Assistance

Personal Fitness

• Golds Gym

• Fitness Together

• Snap Fitness

• Anytime Fitness

• Planet Fitness

We hope you'll find this list useful. You can use these guidelines to compare franchises in other industries. All of this information is available from the Franchise Disclosure Document for a specific franchisor. Finally, remember that the best source for evaluating a franchise program is to speak with existing franchisees.

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The Traits That Define Good Leadership - By Ed Teixeira

About the Author: Ed Teixeira

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Ed Teixeira is a franchise expert with over 32 years in the franchise industry. During his career, Ed has operated franchise companies in diverse industries. He has conducted franchise transactions in Asia, Europe and South America. Ed is the author of "Franchising From The Inside Out" and has spoken on the subject of franchising in the United States and overseas. Ed is currently the President of FranchiseKnowHow,LLC which operates a website that publishes newsletters for franchisees and franchisors.He also provides consulting services. FKH is located in Stonybrook, NY. www.franchiseknowhow.com Ed can be contacted at 631-246-5782 and at franchiseknowhow@yahoo.com.
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