What Franchise Categories are Right for Me?
What Franchise Categories are Right for Me?
These are some very common concerns that I hear from prospects all the time. To begin with, let’s examine the 16 common franchise industries in existence. Here they are, along with one example of a current franchise for each industry:
Automotive - Express Oil Change and Service Center
Beauty and Fitness – Executive Tans
Business and Professional – Liberty Tax Service
Child Related – Baby Power
Cleaning & Maintenance – College Hunks Hauling Junk
Computer & Internet – Computer Medics of America
Educational - Mathnasium
Food & Restaurant - Blue Chip Cookies
Healthcare - Aegin Place
Home Services - Closets By Design
Pet Related - In Home Pet Services
Real Estate Related - National Property Inspections
Retail - Cartridge Depot
Service – Concrete Technology, Inc.
Sports & Entertainment - Nitro Fitness For Men
Travel & Lodging – Discovery Maps and Guides.
The number of franchisors in existence is uncountable. It is estimated that there are around 3,500 to 4,000 or so today. When you add in all of the Business Opportunities (BizOps) that exist the number jumps dramatically. One thing is certain, however. The trend in the industry is definitely growing. Many new franchisors and BizOps are opening their doors for someone like you each day.
Before you can choose a franchise, you should first choose an industry. In order to determine which industry is right for you, one would expect that there are some hard and fast rules about how to qualify in order to start a franchise. Obviously, each franchisor will have set guidelines as to location, territory, capital requirements, etc. But the one common mistake that most people make is that it is very common for one to think that they need to stay in an area of current expertise in order to qualify. Not true!
Many franchisors do not care about your past experience. They are just looking for capable, honest, hard working people. So if your background is in the construction industry, do not automatically think that you would not qualify to own a Pet Related franchise. Think about it. Career changes are common in the workplace. Wouldn’t a “career change” in owning your own franchised business also make sense?
Franchise Consultants are there to help you decide which franchise is best for you. Many Franchise Consultants will filter applicants based on financial and location characteristics, but not past experience. That should tell you something.
There is only one person that can really answer the question. And person that is you. It all boils down to desire. What would you like to do? Whatever course you decide to take, please investigate the franchisor carefully. To search current franchises for sale, please visit www.theFranchiseMarket.com.
What Franchise Categories are Right for Me - To learn more about this author, visit Tom Parsley's Website.
Like this article? Share it with your friends
“I am tired of my job. I want to open my own business. I like the concept of a franchise. But I want something that is new and different. I am tired of doing the same old thing. Which industry do I choose? What if I do not have experience in this industry? Will I even qualify?”
These are some very common concerns that I hear from prospects all the time. To begin with, let’s examine the 16 common franchise industries in existence. Here they are, along with one example of a current franchise for each industry:
Automotive - Express Oil Change and Service Center
Beauty and Fitness – Executive Tans
Business and Professional – Liberty Tax Service
Child Related – Baby Power
Cleaning & Maintenance – College Hunks Hauling Junk
Computer & Internet – Computer Medics of America
Educational - Mathnasium
Food & Restaurant - Blue Chip Cookies
Healthcare - Aegin Place
Home Services - Closets By Design
Pet Related - In Home Pet Services
Real Estate Related - National Property Inspections
Retail - Cartridge Depot
Service – Concrete Technology, Inc.
Sports & Entertainment - Nitro Fitness For Men
Travel & Lodging – Discovery Maps and Guides.
The number of franchisors in existence is uncountable. It is estimated that there are around 3,500 to 4,000 or so today. When you add in all of the Business Opportunities (BizOps) that exist the number jumps dramatically. One thing is certain, however. The trend in the industry is definitely growing. Many new franchisors and BizOps are opening their doors for someone like you each day.
Before you can choose a franchise, you should first choose an industry. In order to determine which industry is right for you, one would expect that there are some hard and fast rules about how to qualify in order to start a franchise. Obviously, each franchisor will have set guidelines as to location, territory, capital requirements, etc. But the one common mistake that most people make is that it is very common for one to think that they need to stay in an area of current expertise in order to qualify. Not true!
Many franchisors do not care about your past experience. They are just looking for capable, honest, hard working people. So if your background is in the construction industry, do not automatically think that you would not qualify to own a Pet Related franchise. Think about it. Career changes are common in the workplace. Wouldn’t a “career change” in owning your own franchised business also make sense?
Franchise Consultants are there to help you decide which franchise is best for you. Many Franchise Consultants will filter applicants based on financial and location characteristics, but not past experience. That should tell you something.
There is only one person that can really answer the question. And person that is you. It all boils down to desire. What would you like to do? Whatever course you decide to take, please investigate the franchisor carefully. To search current franchises for sale, please visit www.theFranchiseMarket.com.
What Franchise Categories are Right for Me - To learn more about this author, visit Tom Parsley's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
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 |
|||
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 |
|||
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 |
|||
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 |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Tom's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Solving Problems Women Entrepreneurs 10 Questions for your sales rep Confidentiality Agreement Feed your body, gain a life |
|
 | ||
 |
Top 50 Social Media Blogs
Top 50 Social Media Blogs | |
 |
Top 50 Political Blogs
Top Political Blogs of 2009 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||
|
| ||||||||||
|
|
||||||||||