Top Franchise Opportunities for 2016

There are a lot of ways to measure the value of a franchise opportunity. The most obvious is profitability, but there are many other factors to consider as well. Depending on your situation, you might be more interested in accessibility (e.g. how can you start a business duplicating a proven franchise model with a minimum buy-in and qualifications?) or solopreneurship. But today, we’re going to focus on the factor that probably should matter the most aspiring entrepreneurs, because it’s the factor that will keep you going through the inevitable ups and downs of business ownership: franchisee satisfaction. Because if you’re not satisfied running your business, why do it at all, right?

Categories, Not Specifics

Before we get started, a quick note: we’re discussing categories (industries) of franchise opportunity, not specific franchises. Why? Because focusing on a specific franchiser as though they are the only factor in franchisee satisfaction is doing them a disservice. Satisfaction is often more about the facts of the marketplace than the facts of the franchiser. Besides, it is relatively easy to avoid a specific “poor” franchiser — just Google them before you buy in, and if you see a 4-to-1 ratio of poor reviews, move on to another franchiser.

Categories/industries, however, are much more important, because if you choose the wrong industry in relation to your passion, skills and budget, you are far less likely to succeed, no matter which particular brand you choose to work with.

And The Winners Are…

We started with the Franchisee Satisfaction Awards, which show off the top 200 franchises with the most satisfied franchisees (as determined by a survey of more than 25,000 franchise owners). We then cross-referenced it against the Bond Directory of Franchisors to get an approximation of what percentage of franchise owners in each industry reported themselves as “satisfied.” Here are the industries that produced the most satisfied franchisees in 2014-15 — and thus, the ones you can expect will be the most likely to be successful in 2016.

  • Home Services: Far and away the most satisfied group of franchisees are those working in the Home Services industry. This industry is largely solopreneurs and family or other very small, tight-knit groups. They spend their days going to people’s homes and providing services that are most often related to handyman work, painting, flooring, and installing appliances (e.g. point-of-use water heaters, and ductless heating systems). Buy-ins tend to be low, ranging from $30k to $110k and averaging around $70k.
  • Senior Care: The second highest rated industry (in terms of satisfaction) is elder care; e.g. franchisees that care for the elderly, mostly in their own homes managing Home Health Care workers of various types. There are also many options for sales both retail and otherwise, selling products that empower and enable the elderly to care for themselves. Generally speaking, the franchisees in this industry tend to not perform much care personally; they are the brains that hire, train, organize, and enable hired workers to do the care. Buy-ins range from $65k to around $130k, with the average appearing around $87k.
  • Food & Beverage: This category is a little broad, so we’ll narrow it down a little and say “Food & Beverage franchises that involve opening a storefront and running it,” because that’s where almost every satisfied franchisee in the broader group lies. This group tends to set themselves up as supervisors, hiring managers who in turn hire line workers; they spend their days examining their branch(es) from a bird’s-eye perspective and working out ways to succeed within the typically slim margins of the food service industry. Buy-ins range from $45k to just over $1 million — but the average is around $250k.

There you have them — the top 3 industries for franchise opportunities in 2016. Get into one of these industries because you are passionate about the industry; stay there because if you love the work when you get in, chances are you will be quite satisfied with your business for the long-term.

If you need additional guidance regarding these and other top franchise categories for 2016 and beyond, we encourage you to take advantage of our free, unlimited franchise consulting. Through a proven multi-step process, we help place aspiring entrepreneurs into the franchise business that best suits their passion, skills and budget. There is never a charge for our services, and your franchise fee is exactly the same whether you work with us or go directly to each individual brand. For further information, fill out the contact form at the bottom of this page.

 

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Does an E2 Visa Lead to a Green Card?

The E2 investor visa is a program for investors originating from E treaty countries to own and operate their own business in the USA. The E2 visa offers several advantages, including:

  • Relatively Low Investment Amount: E2 visas can typically be approved with an investment of only $100,000 USD.
  • Faster Processing Times: The processing time for an E2 visa is typically one to three months, depending on the country you are applying from.
  • Ability to Bring Family: Upon approval, visa holders can bring their spouse and children under age 21 to live with them in the USA.
  • Work Permit for Spouse: The spouse of an E2 visa holder automatically receives work authorization upon approval. This gives couples the potential for an additional income stream after settling in the United States.
  • Flexibility for Children Attending School: Children of E2 visa holders (under age 21) can attend the school of their choice, and in some states, they even qualify for in-state college tuition.
  • Unlimited Renewals: E2 visas are valid for a period of two to five years (depending on your country of origin) and can be renewed indefinitely as long as the business you have invested in is still viable.

Though the E2 visa offers many advantages for foreign investors, it is not a direct path to permanent residency (green card) status. There are, however, several indirect paths visa holders can take to obtain a green card, here are some of the most common:

Family-Based Petitions

If an E2 holder has family members living in the United States, it may be possible to apply for adjustment of status to permanent residency under a family-based petition. Waiting times for family-based immigration petitions vary widely depending on your sponsoring family member’s status (permanent resident or citizen), your relationship with your family member and your country of origin. Spouses, children and parents of U.S. citizens are in the highest preference categories, while brothers and sisters (over age 21) of U.S. citizens are in the lowest categories. Processing times for the highest preference categories may only be several months to a couple years, while processing times in the lowest preference categories could be up to 20 years or longer.

Employment-Based Petitions

For the E2 visa holder, outside employment is generally not an option. The E2 investor can only do work directly related to the business he/she invested in. However, because spouses can work anywhere they want, the spouse of an E2 holder could be sponsored for permanent residency by a U.S. employer. Employment visas are complex and take several months or longer to process. However, a U.S. company is far more likely to sponsor a foreign national if he/she is already working for them and proven their worth. This makes employment-based petitions a popular potential path from E2 visa to green card holder.

EB5 Immigrant Visa

For E2 investors that want a green card and have the financial capability to invest $500,000 to $1 million in a U.S.-based enterprise, the EB5 investor visa can be the ideal companion to the E2. The EB5 is a more complex program with annual caps and processing times of up to two years or longer. The strategy for high net worth investors that want to come to the U.S. right away but want to eventually gain permanent residence is to start out with an E2 visa, then after settling in the U.S., apply and begin the process for the EB5. Coordinating these two visa programs can be a bit tricky, however, so it is recommended that you consult an experienced immigration lawyer.

How Can I Ensure Approval of My E2 Visa?

There are several requirements that must be met to be eligible for the E2 investor visa. For starters, the investment must be “substantial”, meaning in the $100,000 USD range. In addition, you must prove that you obtained funding for your investment legally. You may finance a portion of your investment and/or obtain the money from family or friends, but you must demonstrate that these sources are legitimate. Other requirements include a minimum of 50% ownership in the business, a detailed five year business plan, and investment in an enterprise that is not considered “marginal”. Examples of marginal businesses may include multi-level marketing schemes and other home-based marketing ventures.

One of the best ways to ensure your business will meet the requirements of the USCIS is to invest in an established U.S. franchise. Franchise business opportunities are ideal for the E2 visa because the companies are known to the officer reviewing your case, they provide the detailed business plan you need, and they also provide unmatched training and support to put you in the best possible position to succeed. There are literally hundreds of franchise brands across a wide range of industries for foreign investors to choose from. To find the right E2 franchise business to fit your passion, skills and budget, it best to work with a franchise broker.

At Franchise City, we have access to over 600 of the top U.S. franchise brands. Through a proven multi-step program, we work hand in hand with foreign investors to find the ideal franchise for their needs. Our unlimited consulting services are 100% free of charge, and we provide the counsel and support you need to make a truly informed decision.

 

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

What are the Best Franchises for an E2 Visa?

The E2 visa is a great way for foreign nationals to live and work in the United States (without any family or employment connections) by owning and operating their own business. To be eligible, you must meet certain requirements, one of which is that the investment must be in a real business; that is, not an enterprise that would be considered marginal, such as a multi-level marketing company. To meet this requirement, a growing number of E2 visa candidates are investing in U.S.-based franchises. But which type of franchise is best for a foreign national to invest in?

Before discussing specific industries to start a franchise business in, it is important to understand the rest of the requirements to be approved for an E2 visa. In addition to investing in a real enterprise, foreign nationals must also do the following:

  • Invest a substantial amount in their E2 visa business; the USCIS has no specific definition of “substantial”, but to be safe, it is best to plan on investing somewhere between $100,000 and $150,000 USD at a minimum.

  • Own at least 50% of the business you are investing in.

  • Show that you obtained your funding for the franchise legally.

  • Be directly involved in the operation of your business.

  • Your new business must create a minimum of two new jobs for U.S. workers.

Because of these requirements, there are certain types of franchises that are successful business models, but would never qualify for an E2 visa. Examples include home-based sales franchises, vending franchises, and generally any franchise opportunity with a required investment of under $100,000. Also, you will need to own a business that requires a minimum of two employees to operate – this would also preclude home businesses and one-man operations.

Though there are some franchise business opportunities E2 investors cannot take advantage of, there are still hundreds across a wide range of industries that can qualify. When deciding which is the right type of franchise to invest in with your E2 visa, it is best to start by thinking about which industries best fit your skills and passion.

For example, if you have experience managing a McDonalds, you may be a great fit for a restaurant or fast food franchise. On the other hand, if you have a background in nursing or the health care field in general, a senior care franchise might be a better fit. Maid and cleaning franchises, children’s services, pet care, health and fitness, and automotive are also growing industries that could provide great business models for the right E2 visa candidate.

Aside from finding a franchise opportunity in an industry you know and are passionate about, it is important to work with a well-established brand in that industry. Remember, you are making a very large investment, and moving yourself and your family to a new country. With so much on the line, it is best to be sure you are dealing with a company that offers the training and support to ensure you are well-positioned to be successful.

At Franchise City, we provide access to free, unlimited franchise consulting for E2 visa candidates. With nearly 600 franchise brands to choose from, we are most often able to place investors in the ideal business based on their passion, skills and budget. For further information on how we can help fulfill your dream of business ownership in the U.S., fill out the contact form at the bottom of this page.

 

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

E2 Visa vs. EB5 Visa: The Advantages and Disadvantages of Each Program

For foreign nationals that want to invest in a business enterprise and live in the United States, there are two viable options; the E2 visa and the EB5 investor visa. Both programs have advantages and drawbacks, and they can also be used in combination to take advantage of the benefits of each with the right set of circumstances.

Here is a look at the advantages and disadvantages of the E2 and EB5 visa programs.

The E2 Visa Program

The E2 is a non-immigrant visa offered for investors who want to own a business in the United States and reside there with a spouse and children under age 21 while operating the business. To qualify, foreign nationals must make a substantial investment into a business that is not considered a marginal enterprise. In addition, you must obtain a minimum of 50% ownership in the business.

While there is no set amount the USCIS considers “substantial”, experience dictates that the investment should be in the neighborhood of $100,000 to $150,000 USD. Also, the investment must be in a “real” business, meaning a legitimate business model that will create a minimum of two jobs for American workers. This must be backed up by a solid business plan, and the source of your funding should be verified by a CPA to show it was all obtained legally.

Here are some of the benefits of the E2 visa program:

  • The investment amount is much smaller than with the EB5 program. One can realistically move and live in the USA with an investment in the low six figures;

  • Processing is relatively fast compared with other types of visas – average processing time for an E2 visa is 1-2 months;

  • E2 investors can bring their spouse and children under age 21 with them to the U.S.;

  • The visa holder’s spouse automatically receives a work permit and children may attend the school of their choice. In fact, many U.S. states offer in-state college tuition rates for children of E2 visa holders;

  • For nationals from most E treaty countries, visas are valid for two to five years with unlimited renewals as long as the business is still viable. In addition, visa holders can leave the U.S. for extended periods of time and re-enter the country while the visa is valid.

Here are some of the drawbacks of the E2 visa program:

  • The E2 visa does not provide a direct path to permanent residency or citizenship;

  • When the visa holder’s children reach age 21, they must find another way to legally remain in the U.S. or return to their country of origin;

  • If the business is struggling at the time you apply for a renewal, there is a chance your renewal application may be denied;

  • If the E2 investor closes or sells the business, they must find another way to legally remain in the country or return home.

The E2 visa program is great for foreign investors that want to buy into a smaller business and live and work in the United States. The important thing is to find a business that has a strong chance of visa approval and, just as importantly, a strong chance of long-term success. An increasing number of investors are looking at franchise business opportunities, because they give investors the opportunity to partner with a proven brand that has a vested interest in making sure they succeed.

The EB5 Visa Program

The EB5 visa is for investors who have a larger sum to invest and want an opportunity to gain legal permanent residence (LPR) status in America. To qualify, foreign nationals must invest either $500,000 or $1 million, depending on the location of the business, and create a minimum of 10 new jobs for U.S. workers.

Here are some of the benefits of the EB5 visa program:

  • Investors and their spouse and children become LPR green card holders, enjoying all the advantages of permanent residency;

  • As a green card holder, there is no need to apply for visa renewal every two to five years;

  • The investor does not need to own 50% of the business and/or manage the business to qualify.

Here are some of the drawbacks of the EB5 visa program:

  • The required investment amount of $500,000 to $1 million is up to 10 times higher than with the E2 visa;

  • Processing time for EB5 visa approval is typically 12 to 24 months;

  • S. LPRs are required to declare their worldwide income and assets when they file their taxes.

Like the E2, the EB5 visa is often used to invest in a franchise in the United States. However, because of the higher investment amount and requirement to create at least 10 American jobs, EB5 investors often make multi-unit purchases.

For foreign investors that want to come to the U.S. quicker but also eventually gain permanent residency, it is possible to utilize both programs. For example, an investor could purchase a single franchise for $200,000 through the E2 program and move to the U.S. Then once living in the country, they could apply for the EB5 program with the intention of purchasing additional franchise units to fulfill the $500,000 or $1 million and 10 job requirements.

It is important to keep in mind that requirements for the E2 and EB5 programs are not identical, and coordinating the two programs can be tricky. For investors planning to go this route, it is best to work with an experienced immigration attorney.

 

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

USA E2 Visa Franchises: What are the Requirements for an E2 Visa?

If you are a foreign business owner or investor, an E2 visa can offer a smooth path to temporary residency in the United States. It is important to point out that the E2 is a non-immigrant visa; meaning it does not provide a direct pathway to permanent residency in the U.S. That said, E2 visas are issued for a period of two to five years with unlimited renewals as long as you continue to meet the requirements.

One of the best ways to come to the United States as a business owner or investor is through a USA E2 visa franchise. Franchises offer several advantages over businesses you may start from scratch, including:

  • A proven business model;

  • A replicable business plan that will fulfill one of the major E2 requirements;

  • A recognizable brand name that will increase your chances of an E2 approval;

  • Detailed training from an established brand with a vested interest in your success.

In short, established franchise brands offer foreign investors the best chances for not only E2 visa approval, but for long-term success once you establish your business in America. Of course, nothing is guaranteed and you still need to put in the work, but if you follow the proven business plan, there is a good chance you will be able to continually renew your visa and remain in the United States indefinitely.

USA E2 Visa Franchise Requirements

In order to be approved for an E2 visa, you must first originate from one of the 80 or so E Treaty countries. Among the countries that qualify for an E2 franchise visa include Mexico, Costa Rica, Honduras, Jordan, Iran, South Korea, The Philippines and many others. Some notable exceptions that are not on the list include China, Russia and Israel. Assuming you are from an approved country, there are several other requirements you need to meet, including

You must have a “substantial” amount to invest in a U.S.-based business

While there is no set amount required by the U.S. government, experience dictates that by “substantial”, they typically mean at least $100,000 USD to $150,000 USD. So it is safe to assume that you should be investing $100,000 USD at a minimum.

You must be investing in at least 50% of the business enterprise

This is pretty straightforward; your investment needs to be enough to purchase a minimum of 50% of the business or franchise you are investing in.

You must be able to document that you obtained your funds legally

Though some of your money may come from family either in your home country or abroad, you must be able to provide documentation that your investment capital was obtained legally.

The business you are investing in must NOT be a “marginal” enterprise

By “marginal”, they mean a business that is sketchy such as a multi-level marketing group or an unproven startup. This is why USA franchises are a perfect fit for those who want approval for an E2 visa; franchises are real, proven and known to USCIS officers, so they are not likely to be considered marginal.

What about Moving to the United States?

When many foreign national hear about the E2 business opportunity, they are initially excited – wow, this is our chance to come and live in America, and all we have to do is have the money to substantially invest in a real business! But then reality sets in; where in the U.S. are we going to live? What about moving expenses, housing, etc.? What about our family here at home?

With any international move, there are several issues like these to address. As far as moving expenses and housing go, it is strongly recommended that you have at least an additional $50,000 USD (on top of your franchise investment) to cover airline tickets, housing and living expenses for several months while your new business gets up and running.

Cost of living will vary depending on the part of the country you move to. If you choose to move to a large city such as New York, Los Angeles, Chicago or San Francisco, housing is much more expensive than living in a lower population area such as Reno, Nevada. You will also want to consider climate; if you are used to warm weather, you may not want to move to Minnesota or the East Coast. Southern California, Texas or Florida may be better options.

As for your family, you are allowed to bring your spouse and children under age 21 on an E2 visa. Your spouse may obtain employment authorization while living here and your children may study here. Once your children turn 21, however, their visas will expire and they will need to adjust their status to remain in the U.S. legally. Of course, if your business is expanding, your children could always invest in a new franchise location to remain in the country legally.

What Type of USA E2 Visa Franchise Should I Invest In?

There are literally hundreds of franchise business opportunities across a wide range of industries, many of which would easily qualify for an E2 investor visa. Since indefinite residence in the United States is directly tied to the success of the business you invest in, you need to find the franchise opportunity that best fits your passion, skills and budget. Rather than deal with hundreds of franchise recruiters trying to sell you on their particular brand, the most efficient path is to work with a franchise broker.

At Franchise City, we provide free unlimited consulting for foreign nationals interested in an E2 visa franchise. Through a proven multi-step process, we help clients narrow down their choices to the franchise brands that give them the best chance at success. Our services are low pressure and completely free – you can take all the time you need to decide which business is right for you. To begin taking advantage of our services, fill out the form at the bottom of this page.

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Fitness Franchise Opportunities: A Lucrative Industry for the Right Individuals

Are you possessed of both a business-oriented mind and a health-oriented heart? If you’re the kind of person who is passionate about helping people improve their health, reduce their stress levels, and live longer, healthier lives, you’re halfway there. If you’re also the kind of person who loves watching your money grow and your business expand, there are a wealth of lucrative health and fitness franchise opportunities for you to choose from.

Fitness Is Big Money

Fitness franchise opportunities come in an enormous variety. For the past several years, the leading success stories have been lean, low-staff operations that offer a wide variety of generic services (AnyTime Fitness, Snap Fitness, Planet Fitness), and specialty operations that focus on a single core audience (Curves) or a single core service (Hot Yoga). The fitness market is so robust that even highly-specific franchises can succeed in the right communities.

Why Franchise When You Could Start Your Own Business?

Simply put, while fitness is a big market, it’s also one that’s rather full of what might politely be called “snake oil.” There are an enormous amount of fitness concepts out there that are less than legitimate, and people have generally been exposed to enough ill-conceived health and fitness concepts that they’re a little leery. That means the brand recognition that comes with an already-successful, pre-marketed concept is often the difference between having your startup derided and having your franchise become highly successful.

Why Fitness When You Could Franchise Into Any Other Industry?

Ideally, as a franchisee, you’re looking for an area you already have a passion for. If you’re the kind of person who keeps up on the latest news on nutrition, martial arts, sports training, or any other fitness-related topic, fitness can be your opportunity to pivot that passion from a hobby to your living. If you’re more interested in what kinds of fantastic flavors you can pack onto a sandwich, there are plenty of those franchises out there as well. You should be picking your franchise because of your passion, not in spite of it.

What Are the Pros and Cons of Fitness Franchising?

  • Con – It Requires Obedience: Any franchise you get into is going to necessitate following a strict business plan — deviate more than is allowed, and you could have your franchise contract rescinded.
  • Con – Fitness is a Volatile Industry: Some fitness concepts, like yoga and high-intensity interval training, take off like wildfire. Others, like tae-bo and step aerobics…not so much.
  • Pro – The Market is Endless: In a country where two-thirds of the adult population is at least ‘moderately overweight’ or worse and even the senior citizens are ever-increasingly-obsessed with looking and feeling ‘right,’ there’s never a dry well in the fitness industry.
  • Pro – It Can Be a Relatively Hands-Off Business: No franchise is ever “set it and forget it,” but a fitness franchise can, if you hire carefully and budget well, be the kind of business that you don’t need to be present every day — or even most days. Especially once you reach the break-even point, hiring managers that can handle the day-to-day and let you focus on the big picture is relatively easy.

Is a fitness franchise right for you? And if so, which one? You may have a pretty good idea if you can answer “yes” to the first question. But once you know you want to get into a fitness franchise, there are literally hundreds of concepts out there to choose from. To receive an objective assessment of your available opportunities, it is wise to work with a franchise consultant. Franchise consultants have work with hundreds of the top brands in fitness and a wide range of other industries. Through a unique and proven consulting process, they can help you decide which franchise is right for you.

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Sales-Based Franchises: Cashing in on the B2B Sector

If you’re a disillusioned senior salesperson looking for a future that isn’t attached to a company whose success is beyond your control, you might think that your only option is a full career change. But before you dust off your expired commercial driver’s license, consider the potential of starting a sales-based franchise.

What is a Sales-Based Franchise?

Simply put, a sales-based franchise is the classy, corporate ideal of a business-to-business senior salesperson merged flawlessly with the 1950s ideal of the self-made door-to-door salesman through the magic of franchising. In a sales-based franchise, you work for yourself, as owner and (often sole) employee of a franchise built around your ability to sell products to businesses.

Some sales-based franchises are attached to a particular product line; others offer products from several different manufacturers within the same industry. This new brand of ‘hybrid sales’ has proven extremely effective in a variety of markets, including:

The Hybrid Sales Model vs. The Old ‘Employee/Contractor’ Dichotomy

You might be looking at this and thinking “wait, doesn’t this just mean I’m a salesman for the company, but I’m not an employee in this scenario? How is this any different from being an independent contractor?” It’s very different, and it’s very different almost entirely in your favor. Here’s why: as a franchisee, you have a lot of benefits an independent contractor doesn’t, including…

  • Independent Direction: Independent contractors are often micromanaged even more harshly than standard employees. As a franchisee, you’ll have a business plan to follow, but the day-to-day operations and your activity under them are entirely your own to decide.
  • A Guaranteed Job: An independent contractor can be severed at any time by the parent company. As a franchisee, you sign a contract that ensures you cannot be ‘fired’ for the duration of the franchisor-franchisee relationship. This contract is typically renewed regularly as long as it is satisfactory to both parties.
  • Ownership: If and when you do sever your relationship with your franchisor, you will have an asset you own, clientele you have built and the ability to potentially sell it for a large sum of cash. Unlike an independent contractor that generally walks away with nothing, you are able to enjoy the fruits of your labor even after you leave the company.

A Word of Warning!

There absolutely are some businesses out there that are using the ‘franchised salesman’ model strictly to hire a sales force that they don’t have to provide with benefits, insurance, and other perks of traditional employment. Before you sign up to become a sales franchisee, you need to examine the franchising contract very carefully with two questions in mind:

  1. Does my franchise exist apart from its relationship with the franchisor (i.e. if the franchisor went out of business, could you continue operating by, for example, finding another vendor to sell the product or service)?
  2. Do I control what will be done and how it will be done, with the franchisor only directing the result of what I’m doing?

If your franchise is 100% dependent on the existence of your franchisor, or if the franchisor actively directs the daily activities of the business, you’re not actually a franchise — no matter what the contract (and royalty check stubs) say. Not every sales-based franchise you can get into will fall into this category, but we would be remiss to not mention that they exist.

Those few unscrupulous pseudo-franchisors aside, the sales-based franchise sector is young, vibrant and growing fast; if you have the sales experience and the chops to bring in the big bucks under no one’s supervision but your own, this is one of the best franchise business opportunities for the 21st Century.

Whether you’re searching for a sales-based franchise or a franchise opportunity in a different industry, there are hundreds of brands and business models to choose from. Going directly through each company, you will end up dealing with numerous franchise recruiters all trying to sell you on the benefits of partnering with their brand. A better way to find your ideal business is to work with a franchise broker.

At Franchise City, we provide unlimited complimentary franchise consulting as well as a unique, proven 20 step process to help clients find the business that best fits their passion, skills and budget. And the best part; the franchise fee is exactly the same whether you work with a broker or go directly through the company recruiter. For further information about sales-based franchise opportunities, contact us filling out the form on the bottom of this page.

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Are You Right for a Home Healthcare Franchise?

There are few business opportunities that are as opportune as home healthcare is at this particular point in history. The Baby Boomers are averaging nearly 60 years of age right now, and every passing year places more and more of them into a position of needing regular, if not continuous, health care. For the right people, a home healthcare franchise is a nearly ideal business — the question to ask yourself is: are you one of ‘the right people’?

The Qualities of a Great Home Healthcare Franchisee

In order to succeed as the owner of a home healthcare franchise, you need to start with all of the basic qualifications of a good generic franchisee. Those include:

  • No Ego: You have to be willing to follow the system even if you think your own ideas are better. Remember, the best reason to buy a franchise instead of starting your business is to have a system that will keep you from making mistakes. Stubborn, willful types may struggle with this idea.
  • Social Skills: Franchising is a combination of marketing, relationship building, continuous communication with the franchisor and other franchisees, and constant communication with your employees and customers. If you don’t have top-tier social savvy, you’ll have to have a lot of dedication and perseverance to make it.
  • Financial Ability: If you don’t have a good sense of money — of how to structure a deal to improve your ROI, how to keep your expenses down, how to hire people that will make you money, and how to balance the need for profit with the longer-term picture, you won’t make it in any franchise.

But those are just the generic qualifications — you also need a special set of skills to be able to succeed in a home healthcare franchise in particular. In particular, you need to have:

  • Hiring Skills: Healthcare isn’t a business that can survive if your caretakers aren’t exceptional. It’s better — far better — to spend a month of interviewing and declining poor caretakers than it is to get to business a month earlier and end up having to replace a string of poor caretakers down the road.
  • Empathy: Somewhat akin to being a landlord or a debt collector, the most effective home healthcare franchise owners are those who are able to put themselves in their clients’ shoes. You will have occasions when a client can’t pay you on time because of their fixed income, or where they will need special accommodations in order to use your services for some period of time. Being able to see those situations from their perspective and adapt to enable everyone to get what they need is a crucial ability for a caregiving business.

If you can follow a system, reach out to your community, deal with money, find the right people, and genuinely feel your clients’ pain when they hit an unexpected obstacle, you’re ready for a home healthcare franchise. The next challenge is finding a franchisor that is ready for you. There are literally dozens of companies in the senior care business, and most are rapidly growing in most areas. To find the right one to fit your skills, passion and budget, it is best to work with an experienced franchise broker. Unlike company recruiters, franchise brokers have access to several of the top franchise opportunities in your area, and can give you objective guidance in finding your ideal business.

 

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Home Inspection Franchises: A Lucrative Opportunity to Serve the Real Estate Industry

When it comes to starting a franchise, in many ways, timing is everything. If you can hit a market right as it’s starting to blossom, you can push through the difficult part — between startup and the break-even point to where you start actually making money. As it happens, the rental market in the US is so horribly overpriced right now that the housing market is starting to pick up just by virtue of the fact that mortgages are actually cheaper than rent for most decent-credit-score folks. That means that businesses that service home buyers — like home inspection franchises — are a strong bet right now.

Advantages of a Home Inspection Franchise

What makes a home inspection franchise better than any other franchises you might choose? Let’s get into some details:

  • Mandated Business: Home inspections are completed in 95% of real estate transactions, in many cases because an inspection is required by ordinance or law.
  • Low Overhead: Home inspectors do their business over the phone, via email, and at other people’s houses — which means no overhead from renting a storefront, no loss of time and gas money from an everyday commute (among other benefits).
  • Control Your Schedule: Scheduling home inspections is a matter of balancing your schedule with the client’s schedule, but generally speaking there’s plenty of flexibility to be had. Unlike with most jobs — franchise and otherwise — you’ll rarely have to miss out on an important personal event because you can’t get away from work.
  • Control Your Income (Somewhat): On the other side of the same coin, it’s not uncommon for a busy, tightly-scheduled home inspector to break six figures annually. Especially if you live in a busy area, making serious money is a strong possibility.

What Do I Need to Be a Successful Home Inspector?

If you want to be a successful home inspection franchise owner, you need to have all of the skills that a general franchisee needs — specifically, the ability to:

  • Follow a Plan: This is perhaps the single most important thing for any franchisee — if you can’t just buckle down and stick to a plan (even when you think your ideas are better), owning a franchise will be a challenge.
  • Reach out and Connect: Every franchisee needs to be able to give and receive feedback from their franchisor — but they also need to be able to reach out to their peers, share stories and best practices, and rely on their training and support staff.
  • Control Your Money: Following the plan can help you succeed at your business, but if you can’t manage your money carefully, keeping your future expenses in mind and balancing them against your supply of ready cash, you may have trouble making it to your breakeven point.

But beyond that, a home inspection franchisee will also need a set of skills unique to this industry, including:

  • An Eye for Details: Home inspection is a science, not an art. And as such, it requires a keen sense of observation.
  • A Good Memory: Home inspectors have to know a lot of details about everything in a home, and they have to be able to recall them on the fly.
  • The Ability to Market your Services: Even with a strong growth trajectory, you still need to be able to make yourself known to the community of business people most likely to hire a home inspector – real estate agents. This will require the ability to network with such professionals.

Home inspection franchises are growing in popularity, and many new owners achieve success in a relatively short period of time. However, this industry is not for everyone. If you want to find out more, the best place to start is to speak with a franchise consultant with access to several home inspection business opportunities as well as numerous other industries. A franchise consultant can help you find the ideal match for your passion, skills, and budget without having to deal with high pressure recruiters from each franchise brand. To learn more about what a franchise broker can do for you, fill out the form at the bottom of this page.

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions

Light Up Your Community with a Home Care Assistance Franchise

The economy is finally recovering even for those of us who aren’t in the top few percentage of income earners, and with it comes an option that those of us that have a business spirit haven’t had for some time; the option to choose something that is fulfilling as well as profitable to do with our time. Franchising isn’t often considered a fulfilling pastime, but that’s because of the poor reputation that certain sectors (food mostly) have given the entire concept.

What If Everyone Loved You Instead?

What if, instead of being the 4th Subway (or 2nd Quizno’s) in your city, you started a franchise that everyone loved to have around? What if, instead of being a frazzled franchisee trying to force yourself to work in an unrewarding but potentially profitable industry, you were busy doing work that you found emotionally fulfilling? Welcome to the world of the home care assistance franchises. Even if you don’t provide any amount of medical care, and all you do is offer housekeeping, cooking, transportation, or other relevant assistance, you’ll find that your clients (and their families) are happy for your services.

Don’t Be a Stranger

When an in home care franchise opens, their clientele isn’t a bunch of strangers — at least, not for long. You’ll get to know each and every family you serve, and you’ll have a positive impact on their lives as you help them through the parts of their everyday lives that they’re not prepared to handle themselves. These are often folks that are trying to avoid being consigned to a nursing home, and your efforts are a big part of their ability to remain in a home they’ve loved for years.

Ties that Bind

Being the company that is offering the highest quality care to the families of a community puts you in a unique position — as someone who can create a community. By connecting families and individuals in the same area who have similar needs, you can help them look after each other. If, through your in home care franchise, you can inspire and work with the people you serve, you can have an enormous impact on the quality of life of an entire community.

Support the Local Economy

Seniors, more than almost any other group, are likely to know and use the services of local businesses when given the opportunity. By providing for the day-to-day needs of your clientele — especially if you provide transportation services — you’re providing them the tools (and time) they need to be responsible local patrons. Without assistance like yours, they are more likely to turn to delivery services or other options that are less likely to be helpful to the local businesses. Add to that the fact that you’ll be employing local people to do the work your clients need, and your community will have every reason to love you.

If what you want is to profit at any expense, there are definitely more purely profitable ventures in the world. But if what you want is to love your job and have a group of clients that loves you, too, an in home care assistance franchise might be exactly the business for you.

The senior care industry is booming right now. With Baby Boomers entering full retirement and over 10,000 Americans turning 65 each day, this trend will continue for several decades to come. Finding the right home care assistance franchise can take some work; there are dozens of companies and business models out there to choose from. The best place to start is to work with a franchise broker who has access to several of the top franchisors in your area. This way, you work with an objective party that helps you determine the franchise opportunity that best fits your skills, needs and budget.

Your Name (required)

Your Email (required)

Telephone with Area Code

Address

City

Zip/Postal Code

Desired Location

Available Liquid Capital

Time frame to Buy

Franchise of Interest

Comment/Questions