5 Hot Franchises for 2015
Looking ahead to 2015, here are 5 different franchises that we think are going to growing at an incredibly rapid rate:
Fresh U – Here’s a franchise that’s trying to take advantage of two major trends in the U.S. society – health consciousness and technology. Using a proprietary ordering app, customers at this Hoboken-based franchise are treated to awesome fresh food quickly.
Expense Reduction Analysts – Every business is looking to cut costs and this franchise helps businesses get that job done. As the economy continues to recover, businesses are going to keep looking for ways to unlock profit.
Uptown Cheapskate – One of the hottest franchises around, this franchise is all about marry resale and retail. Think of a high-end thrift store. People are always looking to upgrade and recycle their wardrobe, and Uptown is there to make the process enjoyable and lucrative.
Hard Knocks – Everyone is looking for a new “experience” and Hard Knocks brings laser tag to the next level. Hard Knocks is clearly the market leader in combat entertainment, and this franchise may explode in 2015!
Fresh Coat Painters – Although painting has been around for a long time in the franchising realm, Fresh Coat is poised for a major breakthrough. With locations in over 100 cities across America, they have a proven business model that can work for anyone.
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Steps to Select and Protect a Valuable Trademark
The first thing to keep in mind when selecting a trademark is that not all words and names are capable of being protected as trademarks. No one business owner can claim exclusive rights in generic terms and logos, because all business owners need to be able to use these in order to identify their goods or services. Thus, a residential painting franchise likely could not claim exclusive rights in the name “Painting Pros”, because this is simply a generic description of the services that the business offers.
What Draws Investors to Franchising
Most prospective franchisees are drawn to the business by previous frustrating experiences in their past employments. This could have been caused due to lack of control over one’s work environment, being bound to report to superiors and insufficient room to exercise one’s authority at their work place. The micro- managing bosses, unresponsive organizational structures, or lack of voice in the organizations process are a few of the reasons why many people decide on investing in franchises as their new career. By investing in this business they take control over their own life with a little risk as compared to starting their own business from scratch.
5 Things You Can Do With $30,000
Believe it or not, now that 2015 has come, the economic woes that began of 2008 are seven years old! Although the economy hasn’t recovered as quickly as we all would hope, Americans are finally to the point where things are looking up. (In December of 2014, the government announced that the economy is growing at a rate not seen in over a decade!)