There are over 3,500 different franchise opportunities in the world of franchise ownership......
That is an awful lot of choices. Choices are good! You only need to find one, however!
Here are the 5 basic categories, when it comes to the Franchise business model:
1. Food
service
Food service tends to be on
the expensive side, and the work is 12-15 hours a day, 7 days a week. If you
are looking for a better quality of life, this may not be for you. Investment
range- $150,000-1,000,000 and up.
2. Retail
Specialty retail can be a
great choice for those who do not like to sell. With retail, your customers
come into to your
store to see you. You do not have to find them by calling on them in
their homes or businesses. Some retail is more flexible, hours wise. Investment
range- $125,000-500,000 and up.
3. Personal
Services
The service sector is huge.
Target customers include time starved consumers, and the booming senior market.
Lawn care services,
residential cleaning services, and home health care are just a few of the types
of franchises available. Investment range- $75,000-250,000 and up.
4. Business
to Business
Products and services focused
on serving the business community such as, printing, security,
marketing/advertising, and commercial cleaning are just a few of the franchise
types available. This category requires strong sales and networking abilities.
One of the major attractions to this sector: Monday thru Friday hours.
5. Children’s
Services
This growing sector is for
those who would like to make a difference.
Learning Centers, Sports Centers,Day Care Facilities, and Arts and Crafts classes, are just a few of the many franchise types in this
popular sector. Several of these franchises offer a flexible lifestyle.
Investment range- $60,000-500,000 and up.
This basic list is a good start.
