When you’re looking to step into franchising for the first time, the sheer number of opportunities can feel overwhelming. But trust me when I say that having plenty of options is a good thing!
I like to say that there’s truly something for everyone within the franchise world. There are franchise organizations out there providing services and products of all kinds.
That means that if you have something you believe in or enjoy, odds are there’s a franchise that sells it!
If you still aren’t sure where to even begin, consider narrowing your scope by looking at franchise industries that are riding a current wave of success.
Franchise Concepts on the Rise
While the COVID-19 pandemic has certainly been challenging for businesses of all kinds, some types of franchises are finding success as the economy begins to rebound. Take a look at brands in these industries:
At-Home Offerings
This is a broad category, but as people navigated the pandemic and spent more time in their homes, many people decided they liked the “at-home” aspect of some things.
Consumers now expect—and are actively looking for—businesses that offer in-home services and products. That’s led to a similar rise in brands that offer those services and products, including grocery and food delivery, in-home fitness options, tutoring and educational enrichment, and even at-home spa and salon services.
One other at-home offering that’s seeing a continued upward trend? In-home health and senior care. That’s certainly a different genre than other home services, but nonetheless an important one.
Restaurants & Foodservice
While spending more time at home wasn’t necessarily a bad thing in many cases, some people quickly tired of their own cooking. Eating the same home-cooked foods over and over again simply wasn’t cutting it.
Restaurants aren’t immune to challenges in staffing, but they’ve seen a positive trend in the number of people partaking in their foods. That includes an increase in people dining in, purchasing carryout, ordering delivery, and wanting meal options they can prepare at home.
The brands that are most likely to find continued success are those that offer multiple options for customer convenience.
Home Improvement
Looking at the four walls of your home day after day will certainly have you thinking up ways to improve it! People rushed out en masse to start up home improvement projects during the opening days of the pandemic—and that trend continues today.
Brands that offer assistance and products needed in DIY projects, as well as companies that offer more hands-off restoration and handyman services, are thriving.
If you are ready to work with a company that cares, consider becoming a franchise consultant with us! We can help you get started toward a new and fulfilling career today. Contact us to learn more.