2009 Trends In Franchising; Ones to Watch
 |
Discuss this Article No responses yet, be the first... |
The award winning website, Small Business Trends is in 2009 Trend mode. Each year, Anita Campbell and her group of writers compile all sorts of industry trends.
Here's one:
Recession Resistant Opportunities
As more and more consumers cut back on their personal expenses, franchise concepts that provide what consumers need, as opposed to what consumers want, will be positioned for growth. The year 2009 may not be about the luxuries.
The Regis Franchise Corporation is in the hair cutting business, and in a big way. They currently have six brands that they sell as franchise opportunities, including Supercuts, Cost Cutters, First Choice Haircutters, Magic Choice, Pro-Cuts, and City Looks. Hair grows in good times and bad times, so it is safe to say that getting one’s hair cut (at a very reasonable price) won’t grow out of style.
ServePro is one franchise that does not seem to be affected by the economy. Instead, franchises like ServePro, and PuroClean, are affected by the weather. The more it rains, the busier they get. Whenever there is a flood, franchises like these are enlisted for clean-up duties, which include contents restoration, and mold removal. Most of the time, these services are paid for with insurance proceeds.
Go here for the rest of the 2009 Trends In Franchising!
