Business owners often consider franchising, but second guess whether or not their business is “right” for franchising. As we’ve previously discussed, almost any type of business can be franchised successfully. However, some business models lend themselves particularly well to franchising, and some are poised to reach even greater successes in 2014. Take a look at some of the top franchise businesses for 2014, according to Entrepreneur. They provide some good insights into the way franchising helps businesses grow nationwide or even globally.
- Anytime Fitness– This 2,500 gym strong fitness franchise has achieved great success by focusing on convenience and culture, with 24/7 access and a welcoming, motivating atmosphere.
- Subway– Subway’s success is simple, but also brilliant. A familiar format, quality ingredients, name recognition, and a reputation as a healthy alternative to other fast food options has made the sandwich shop a hit around the world, with new locations opening last year in Djibouti, Estonia, and Kenya. Restaurant franchising is often the first thing people think of when they hear the word “franchising, ” and Subway illustrates that perfectly with consistent quality from airports to malls to college campuses.
- Supercuts– The beauty industry is big business, and that makes franchising salons a great choice for motivated business owners. Supercuts goes above and beyond by sending a team of trainers around to provide continuing education to the stylists, a perfect example of the importance of training franchisees well.
Still wondering if your business is right for franchising? Don’t wait; call Tom Rather today at 770-595-1055!