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Franchising Trends for 2007


Entrepreneur Magazine:

  • Senior-care services: As America ages, the senior-care industry is maturing beautifully.
  • Personal-care services: Baby boomers may be young at heart, but their desire to look young as well has spurred the growth of franchises offering laser, skin-care, med-spa, massage, fitness and tanning services.
  • Enrichment learning programs for kids: When it comes to learning programs for children, the segment increased by 850-plus units, but 2006 also saw diversification with new types of programs, such as a cooking school and an abacus learning program.
  • eBay drop-off stores: The largest global online marketplace has been creating opportunities for all, including franchises that list and sell items for those lacking eBay savvy.
  • Food: Franchises and their customers will never go hungry.
  • New and unique concepts: Hamburgers and pizza will always be American classics, but innovative, original and sometimes wacky franchise concepts are starting to shake things up.
  • Business consulting/staffing: Every business needs help sometimes and that need is keeping business consulting and staffing franchises growing.

Photo by PBLoco.com.

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Comments

  • eBay franchises actually are a big disappointment. Many franchisees complain that after paying the royalties to the franchisor and paying fees to eBay, they go home with very little money.

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