So, you’d like to start a business? That’s an incredible goal! While you could go into business yourself, there’s also the option of franchising. With a franchise, you get expert guidance throughout the process of opening your location. Plus, franchisees also receive access to a proven business model and get a head start by using […]
Buying into a franchise has many advantages over starting a business from scratch. Buying into an established brand with a tried-and-true business model is only the beginning. Proven Business Model If you’ve decided to go into business for yourself, you will likely be conducting a lot of research to see which market has the most […]
If you’re looking to get into the health and beauty industry, joining a franchise is a good way to get started. With multiple types of franchises, there are a lot of options to choose from to find the best one, or best ones, for you. One of these choices is a tanning franchise, providing customers […]
The self-care industry is on the rise – and that’s not just because of the COVID-19 pandemic and the lockdowns that occurred during 2020. It turns out that between 2019 and 2020, Google searches for self-care related inquiries skyrocketed by 250%! The market is only poised for continuous growth, making now the ideal time to […]
Globally, the beauty industry has been strong. In 2020, the global beauty market was worth $483 billion. 2021 saw $511 billion. With a compound annual growth rate (CAGR) of 4.75% worldwide, the industry will be worth an estimated $716 billion by 2025 – and an incredible $784.6 billion by 2027! With the industry projected to […]
Multi-unit franchising is a great way to diversify your business portfolio and either cover a larger territory or buy into a complementary business. Expand Your Portfolio Multi-unit franchising has become a popular investment strategy in recent years. Through the combination of lower buy-in costs and opportunities for compounded financial gain, entrepreneurs are choosing to strengthen […]
The self-care industry rebounded amazingly well in 2021, and that trend appears to be continuing in 2022. Here are the self-care trends to keep an eye on in the year ahead. A New Year Brings New Opportunity After a challenging couple of years that limited our ability to do many things, 2022 is a hopeful […]
What constitutes a low-investment franchise? Is a cheap franchise worth the investment in the long run? Here’s what you should consider before investing. What Constitutes a Low-Investment Franchise? Buying a franchise is one of the best ways for people to achieve their dreams of owning a business and working for themselves within the structure of […]
The beauty industry is starting to make a comeback from the hit it took during the COVID-19 pandemic; according to a report from Common Thread, the skin care segment is expected to grow to $169 billion by 2025, well above the pre-pandemic value of $136 billion, while the personal care segment is expected to grow […]
Not all franchise models are great. Some are outright bad. How can you tell the difference? The best franchise business models have these 10 characteristics. A Winning Reputation Whether a franchise has five locations or 500, it’s important to align yourself with a brand that is positively regarded both locally and across public opinion. A […]