If you’re wondering what the hottest trends are in franchising, look no further than Entrepreneur’s 10 Industry Trends for Franchises in 2012. Some on the list are the usual suspects that have been showing consistently steady growth for years, while others are some new up-and-comers.
The industries with the greatest expected potential are:
Burger Chains
Child Care Centers
Children’s Enrichment (Arts, Sports, Science, etc.)
Fitness Industry
Health Services
Resale Stores
Sandwich Shops
Senior Care
Spa Services
Tutoring Services
Always remember to thoroughly research and analyze any market before making a franchise decision, whether you are expanding into new territory or realigning existing market areas. It’s critical to your success to know who your competitors are and to evaluate your customer base. Understanding your territory is the single best investment you can make in your franchise business.