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.
If you are interested in opening a franchise, click here to get matched to opportunities that fit you!
5 Reasons Why Franchisees Fail
There are a number of reasons why a franchise can fail. Some of the reasons are based upon a lack of capital and/or particular skills necessary for a particular franchise to be successful. On the other hand, there may be factors that are out of the franchisee's control: a franchise program that has a lack of customer demand or a poor product, for example, can lead to failure despite the franchisee’s best efforts (another example of why the franchisee should have done their research before investing).
We'll Leave the Light On For You: Motel 6's Advertising Success
When Motel 6 conceived of the idea for a campaign in the mid-1980s, Bodett worked on NPR’s All Things Considered program. The Richards Group, a Dallas- based advertising agency, was hired by Motel 6 in 1985 and thought Bodett would be an excellent spokesman for the chain because of his warm and friendly vocal style. Hired in 1986, Bodett ad-libbed the line, “We’ll leave the light on for you”while in the recording studio for the first time and the slogan was both an instant and lasting success, staying with the chain for over 25 years and counting.
Top Five Restaurants People Wish Were Franchises
Not every business in the U.S. is a franchise. (Much to the chagrin of us here at FranchiseHelp.) But that doesn’t stop people from searching desperately for information on opening a location of their favorite stores.