Top 10 Franchising Trends for 2011

From pets to moving and storage services, the top 10 franchise industries you should know about.


By Tracy Stapp
Entrepreneur Magazine - December 2010

The future of franchising is looking bright: In September, the U.S. Census Bureau reported that 10.5 percent of all businesses with paid employees were franchises in 2007, the latest data year, and that they generated a staggering $1.3 trillion in annual sales.

Where is franchising headed next? We've identified 10 categories as the industries to watch in 2011. Whether they're services that people can't afford to live without, such as child care and healthcare, or luxuries made more affordable through franchising, like fitness and spa services, these are the businesses that kept growing strong right through the recession and, now that it's over, show no signs of slowing.

This list is not a ranking and is not intended to endorse any specific franchise. Look at it instead as just a first step toward your own careful research, which should include reading the company's literature and legal documents, consulting with an attorney and an accountant, and talking to current and former franchisees to find out if an opportunity is right for you.



Industries to Watch in 2011

• Child Care

• Fitness

• Green

• Health Services

• Moving & Storage Services • Pets

• Sandwiches

• Senior Care

• Spa Services

• Tutoring

Home-Based Careers You'll Love

Home-based businesses are no longer limited to MLM or certain occupations. Read about serious careers/industries that can be run from home.

http://www.franchiseexaminers.com/2010/11/home-based-business-is-where-the-heart-is/

At long last, entrepreneurs are optimistic about growth

Recent Constant Contact survey points to growth ahead for small businesses. Read the article at:

http://blogs.reuters.com/small-business/2010/11/11/exclusive-survey-says-small-businesses-upbeat-about-2011/

10 Tips for Small Biz Loans

10 Tips for Small Biz Loans

This article is a very useful resource for how to go about finding funding for your franchise business.

You’re afraid to pull the trigger…

You’re afraid to pull the trigger…

5 Reasons Why and 5 More Why Not to Start Your Own Business

5 Reasons Why and 5 More Why Not to Start Your Own Business

One of the biggest mistakes first-time franchise buyers make is not understanding their own motivations for buying a business. This article contains some good questions to ask yourself and others who know you well. Being honest with yourself once you know the answers could save you from a costly mistake.

Franchisee Success Stories

Success Stories

Recent franchisees are your best source of current information. Watch these videos as buyers discuss their experiences. Then call Franchise Jones for a complimentary introduction to these well-known national brands.