Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

5 Hot Franchises for 2014

Contributed by Franchise Financing Partner Guidant Financial Group.

Looking ahead to 2014, quick service food and cleaning services are perennially popular and lucrative franchise opportunities. Here are five white-hot franchises that may surprise you.

Painting with a Twist

Art, friends, and wine. Painting with a Twist is burning up our Facebook feeds and growing at a tremendous rate. Cathy Deano and Renee Maloney began franchising their Corks N Canvas business as “Painting with a Twist” in 2009 and there are now 106 locations to enjoy social art instruction.

School of Rock

Good times or bad, people will always spend money on their children, making kid-centric businesses virtually recession-proof. School of Rock combines music education and rock n roll with the added benefit of an unofficial tie-in movie (2003’s The School of Rock starring Jack Black). Franchising since 2005, there are over 100 schools worldwide with more than 10,000 little rockers enrolled.

Liberty Tax Service

Taxes may not be sexy, but they’re unavoidable. What makes Liberty hot? It’s on both the Entrepreneur list of Fastest Growing Franchises (#5) and the Forbes list of Top Ten Franchises for the Buck (#7). There are over 4,000 franchise locations in the U.S.

ShelfGenie

The company was founded in 2000 in Richmond, Va. and began franchising in 2008. Currently there are 123 franchise units in the U.S. ShelfGenie franchisees design and install custom shelving featuring the trademarked Glide-Out shelves. This business can be run from home and is an Entrepreneur Top 10 New Franchise for 2013.

HUMAN Healthy Vending

Everyone from the media to educators to the First Lady of the United States are waging a war against fatty, nutrient-poor food. There’s never been a better time to jump into the health food business, and this company does it in an innovative way: through vending machines. Founded in 2008, HUMAN Healthy Vending has been lauded in the press as one of “America’s Most Promising Companies” (Forbes) and Entrepreneur Magazine’s “100 Brilliant Companies” of 2011.

To request information on Guidant Financial, CLICK HERE or visit guidantfinancial.com

What To Negotiate in the Franchise Agreement

Before going into the negotiating aspect, one must always ask the franchisor whether they are willing to negotiate. Usually franchisors state that they have a rigid Franchise Agreement and that it is not open to negotiating. However, there may be some instances where the franchisor may allow some flexibility. Stated below are a few tried and tested tips for negotiating franchise agreements and which areas to concentrate one’s efforts on.

New Government Data Will Measure the Economic Impact of Franchising

According to the International Franchise Association (IFA), newly released data in the 2007 Economic Census Franchise Report will help quantify the economic impact of franchising. “Determining the economic impact of franchising is a key strategic priority for the IFA in our efforts to showcase the importance of franchising to the U.S. economy,” said Ken Walker, IFA chairman as well as chairman and CEO of Driven Brands.