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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Advice for Women Business Owners: How to Achieve Success and Sanity
Just imagine yourself as a successful female entrepreneur, running the type of business that keeps you fulfilled in life, while you have the freedom to live your dreams. What does this look like to you? Do you spend your days traveling the world with the love of your life? Do you work remotely from home so you can spend more time with your children while they are still young? Are you setting an example for young women who aspire to reach your level of success someday?
The Ideal Franchisee - The Franchisee Point of View
Possessing an entrepreneurial mindset is a plus but one should also have the employee mindset as well. This lies in the fact that even though the franchisee must have the steely determination and drive to launch a business, they must be willing to be restrained and follow the directions of the franchisor. The level of control for a franchisee is noticeably less than of that of being an owner of your own independent business. However the level of risk presented to a franchisee is less than that of an independent business owner. Therefore this type of business is preferable for those looking for less risk. If we were to prepare a checklist of the traits, which were to be present within the ideal franchisee, it would appear something as:
Minority, Women Entrepreneurs Find More Opportunity in Franchise World
While there are many risks and hurdles involved in starting a new business, there are also many rewards. If you’re ready to start it up, but aren’t in the position (financially or otherwise) to risk it all in starting something new, you may consider franchising. Franchising offers many benefits to aspiring entrepreneurs, especially to minorities and women, who are seeing more opportunities in the franchise world in recent years.