Franchises offer investors and entrepreneurs a rare opportunity to launch their own project within the realm of an already-successful brand. What investors lose in freedom they gain in brand awareness and marketability. But not all franchises offer the same opportunities. The key to success is making the right initial choice when picking a franchise. Every year brings different circumstances and changes the prospects of popular franchises. That’s why it’s so important for potential investors to stay on top of the latest trends. It’s not always the most famous brands, but those that are moving in a positive direction that provide the best opportunities.
Dunkin
This coffee and donut business claims “America runs on Dunkin,” and every year this bold proclamation seems closer to the truth. The fact is that American workers have come to count on quick and tasty take-out coffee as a pick-me-up throughout the day. The number of US locations has been steadily growing for years, and there are more than 10,000 individual stores. With successful marketing strategies and products that people love, it doesn’t seem that this rapid growth will end any time soon.
McDonald’s
The world’s most famous franchise continues to be one of the most successful. With Americans sounding the alarm about obesity and promoting healthy eating, you might expect this cultural giant to take a serious hit. Despite the hoopla, however, people have shown with their wallets that they still love America’s quintessential fast food joint. The golden arches and all they represent have become a cultural force, and the “Big Mac” is perhaps the most famous sandwich in the world. Starting up your own McDonald’s requires a massive initial investment, but you’ll be buying into a brand with proven resilience and popularity.
Jersey Mike’s
This sub shop franchise might not have the name recognition of competitors like Subway, but it’s growing quickly. The leadership is known for its competence and has done wonders over the decades to catch up with industry giants. The remarkable growth of recent years has attracted attention for all the right reasons. Jersey Mike’s is also operating in an excellent industry. The sub has come to dominate the American lunch, rivaling even the mighty hamburger for supremacy. It turns out an elongated sandwich makes a perfect midday meal for busy workers. Investing in Jersey Mike allows you to take advantage of this trend with a brand firmly in the ascendancy.
Taco Bell
No longer the little cousins of the fast food world, this franchise has seen rapid growth in the past ten years. Sales have been rising not only because of a love for tacos, but also because the company has adapted incredibly well to the increasingly digital landscape of the modern world. Taco Bell has ridden direct integration with the Grubhub application to wider relevance. With tasty menu options and a growing presence, it seems this franchise will only continue to grow.
Pet Supplies Plus
The pet industry in general has been growing alongside the cultural trend of pampering our furry friends. Dogs and cats are no longer mere animals, but a genuine part of the family. This means they receive not only the best food, but also birthday presents, holiday gifts, and a slew of accessories as if they were children. Pet Supplies Plus has taken advantage of this trend by effectively meeting pet owner’s needs. Along with food and typical supplies, their stores also offer professional training sessions and wash stations. This has made them a bonafide industry giant.
Chick-fil-A
It seems every year more Americans agree that this franchise’s chicken sandwiches are delicious, and this opinion has brought about massive growth. Requiring a remarkably small initial investment and providing annual earnings that surpass other fast food giants, Chick-fil-A offers an exciting investment opportunity.
