Six of the Best Franchise Business Opportunities

Rob Lancit

Date

Mar 04, 2019

Franchising offers hard working business people and entrepreneurs a great opportunity. They can be their own boss when it comes to the day-to-day operations of their franchise, yet they can also benefit from the many privileges they receive as a franchisee. Franchisors can help franchisees with ongoing training, with vendor programs that allow them to buy the equipment necessary to run their franchise at reduced costs, and can grant them their own territories safe from encroachment from other franchise locations. These are just some of the factors that make franchise business opportunities so appealing.

But, of course, not all franchise business opportunities are equal. What are the best franchise business opportunities? Well, the best franchise business opportunity for you may not be the best for somebody else. Everybody is different. But looking at it very broadly, here are six of the best franchise business opportunities available right now.

1. Accounting & Financial Franchise Opportunities

Accounting & financial franchises are among the best franchise business opportunities. Some accounting and financial franchises focus on doing the accounting for small (or even large) businesses. Some focus on helping people with their personal finances. Many can do both. Regardless, there’s not a lot of overhead required, maybe a small office or even working from home. And there’s no expensive equipment to buy, either.

2. Automotive Franchise Opportunities

Automotive franchises do require a rather large area for location, significant overhead, and a lot of money to spend on parts and equipment. And yet, they’re still among the best franchise business opportunities. Why? Because they have a truly massive customer base. There have never been more vehicles on America’s roads than there are today. And the average age of these vehicles is higher than ever, and older vehicles need more repairs and maintenance.

3. Event Planning Franchise Opportunities

Event planning is a hot new industry and event planning franchises are quickly becoming one of the best franchise business opportunities. Like accounting franchises, they require very little overhead and a minimal outlay in terms of cost. People are increasingly looking for an event planner to plan their business conferences, their restaurant or store openings, their festivals, and more.

4. Fitness Franchise Opportunities

People are more focused on their health and fitness today than perhaps ever before. As such, gyms and fitness centers are receiving more and more clients by the year. All these potential customers make fitness and gym franchises some of the best franchise business opportunities.

5. Real Estate Franchise Opportunities

Real estate is tough and complicated. Whether you’re buying a home for the first time or trying to find a sixth commercial property to buy, you need help. Only the very bold (foolish?) try to go without the help of a real estate agent. And we all trust the big brand names in real estate more. This makes real estate franchises great franchise business opportunities.

6. Senior Care Franchise Opportunities

We all know that the massive Baby Boomer generation are now entering their senior years. This means there is now a great demand for senior care. And this demand is only going to increase in the near future. In order to take advantage --and to help people-- you need a senior care franchise.