What is going on in the world and what is expected to occur? What sectors are luring new franchises? Which reputable sectors are seeing strong unit growth? Find out how you can stay ahead of the rest by choosing from the most desirable and profitable franchise opportunities.
With general intuition of business and franchise industry knowledge, Entrepreneur has produced a list of the best franchises to invest in for 2023. Some categories on this year’s list, such as chicken, health and wellness, pets, and restoration, consistently produce winners. But it also includes things we haven’t thought about in a while, like breakfast, exercise, and leisure.
The top franchises inside those categories, which in this case comprises more than 400 distinct brands, are then shared from there. One of these might contain your next big chance. However, bear in mind that placement on this list does not imply endorsement of any certain franchise. Always do your research before making an investment. Read the company’s legal documentation, seek advice from a lawyer and an accountant, and speak with as many franchisees as you can, both present and past.
- Breakfast
- Chicken
- Children’s Education/Enrichment
- Fitness
- Health & Wellness
- Mexican Food
- Pets
- Recreation
- Restoration
- Staffing/Recruiting
Source: Entrepreneur
To get to know who are the industry key players, visit our Interview of the Week page.
To stay updated, visit our Franchise News section.
To learn more, visit our Franchising Tips section.
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