Top Franchises

While we don’t have enough information to yet know what the right franchise fit is for you, we do work with brands from every vertical in the industry. If you’re curious about a few of those, take a moment to peruse these franchise categories. All of these groups include proven franchise models with incredible economic opportunities and strong foundations.

1. Home Based / Low Cost Opportunities

Home-based businesses are attractive propositions for those looking to mitigate their initial investment, overhead and risk. Working from home gives the franchise owner the ultimate flexibility to create the work-life balance they desire.

2. Service Based & Scalable Owner-Operator Opportunities

If your familiar with the E-Myth or Millionaire Next Door, you know that there is a lot of money to be made in non-retail and frankly, less sexy businesses. These businesses are often full-time ownership roles and represent the options that have the most upside leverage due to their low investment and complete scalability.

3. Health and Wellness Opportunities

One of the hottest franchise markets is health and wellness. Why is that? Fitness and overall wellness have never been more important because millions of people are seeing the benefits that eating right, exercising and taking better care of ourselves can provide our bodies. Many of these opportunities are also manager run, semi absentee models, allowing new franchisees to keep their job/other entrepreneurial ventures as their new business ramps.

4. Turn-Key, Manager Run, Investment Opportunities

Many prospects look at franchising as a way to generate and build wealth over the long term. Many don’t realize that they can own a semi-absentee model and still keep their day job. Experienced entrepreneurs can also begin a franchise operation as a way to add to an already established business ownership portfolio.

5. Emerging Categories & Brands

What’s all the rage these days? Is it coffee? Food Trucks? A Real Estate Play? Pets? Kids Services & Entertainment? How about all of the above? If you’re comfortable with riding a new trend and taking a little more risk, emerging brands and emerging industries can provide amazing financial upside to those willing to be pioneers.

6. Blue Chip Investment Options

On the other side of the spectrum from the emerging brands, are the tried and true brands that have stood the test of time. These are the brands that people immediately recognize when they hear the name and typically reside in recession resistant industries.

1. Home Based / Low Cost Opportunities

Home-based businesses are attractive propositions for those looking to mitigate their initial investment, overhead and risk. Working from home gives the franchise owner the ultimate flexibility to create the work-life balance they desire.

2. Service Based & Scalable Owner-Operator Opportunities

If your familiar with the E-Myth or Millionaire Next Door, you know that there is a lot of money to be made in non-retail and frankly, less sexy businesses. These businesses are often full-time ownership roles and represent the options that have the most upside leverage due to their low investment and complete scalability.

3. Health and Wellness Opportunities

One of the hottest franchise markets is health and wellness. Why is that? Fitness and overall wellness have never been more important because millions of people are seeing the benefits that eating right, exercising and taking better care of ourselves can provide our bodies. Many of these opportunities are also manager run, semi absentee models, allowing new franchisees to keep their job/other entrepreneurial ventures as their new business ramps.

4. Turn-Key, Manager Run, Investment Opportunities

Many prospects look at franchising as a way to generate and build wealth over the long term. Many don’t realize that they can own a semi-absentee model and still keep their day job. Experienced entrepreneurs can also begin a franchise operation as a way to add to an already established business ownership portfolio.

5. Emerging Categories & Brands

What’s all the rage these days? Is it coffee? Food Trucks? A Real Estate Play? Pets? Kids Services & Entertainment? How about all of the above? If you’re comfortable with riding a new trend and taking a little more risk, emerging brands and emerging industries can provide amazing financial upside to those willing to be pioneers.

6. Blue Chip Investment Options

On the other side of the spectrum from the emerging brands, are the tried and true brands that have stood the test of time. These are the brands that people immediately recognize when they hear the name and typically reside in recession resistant industries.

Recommended Books

Rich Dad, Poor Dad – Robert Kiyosaki
Rich Dad, Poor Dad chronicles the story of the authors two dads, his own father, who was the superintendent of education in Hawaii and who ended up dying penniless and his best friends father who dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. Kiyosaki uses the story of these two men and their varying financial strategies to illustrate the need for a new financial paradigm in order to achieve financial success in the new millennium.

What Your CPA Isn’t Telling You – Mark Kohler, CPA, Attorney At Law
Tackling the fundamental question asked by all taxpayers – How can I save on taxes? – attorney and CPA Mark J. Kohler empowers you to dismiss standard CPA viewpoints like “your tax payment is what it is” and “you just make too much money.” What Your CPA Isn’t Telling You invites you to immerse yourself in the compelling tale of a typical family’s tax awakening. Through their journey, you’ll discover critical but underutilized tax strategies to achieve huge tax savings, greater wealth, and ultimately, a winning pursuit of the American Dream.

Cashflow Quadrant – Robert Kiyosaki
The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald’s) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70% of their cash flow and income by having money work for them.

Loopholes of the Rich – Diane Kennedy
Taxes are the single biggest expense for the average American today. In fact, small changes in the amount of taxes you pay can lead to big changes in you and your family’s quality of life. This newly revised edition of Loopholes of the Rich covers all the most effective and legal tax strategies—and loopholes just like the rich use—so that people from every tax bracket can pay less and keep more of what they earn.

The E Myth Revisited – Michael Gerber
The E-Myth dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. Michael Gerber walks you through the steps in the life of a business from entrepreneurial infancy, through adolescent growing pains, to the mature entrepreneurial perspective, the guiding light of all businesses that succeed. He then shows how to apply the lessons of franchising to any business whether or not it is a franchise. Finally, Gerber draws the vital, often overlooked distinction between working on your business and working in your business.

Many Miles to Go: Modern Parable for Business – Brian Tracy
Brian Tracy’s first dream was of a journey. Not a leisurely drive to the beach or a weekend campout-a wide open adventure that would take him 17,000 miles from his home on Canada’s Pacific Coast all the way to South Africa.
His journey- a harrowing series of false starts, long days, and narrow escapes- taught him about “becoming unstoppable,” not only in pursuing adventure but in daily life and business as well. The road to business success is just as exciting and dangerous and rewarding as a trek across the Sahara. Succeeding-sometimes even surviving-requires vision, courage, persistence, and the willingness to accept responsibility for your own actions.
In the end, Brian’s arduous trek changed his life- and his way of thinking about life and business.

Working Identity – Herminia Ibarra
In this powerful book, Herminia Ibarra presents a new model for career reinvention that flies in the face of everything we’ve learned from “career experts.” While common wisdom holds that we must first know what we want to do before we can act, Ibarra argues that this advice is backward. Knowing, she says, is the result of doing and experimenting. Career transition is not a straight path toward some predetermined identity, but a crooked journey along which we try on a host of “possible selves” we might become.

Millionaire Next Door – Thomas Stanley
How can you join the ranks of America’s wealthy (defined as people whose net worth is over $1 million)? It’s easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members of this elite club: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You’ll have to buy the book to find out the other five. It’s only fair. The authors’ conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. There are no pop stars or athletes in this book, but plenty of wallboard manufacturers–particularly ones who take cheap, infrequent vacations. Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society. “You aren’t what you drive,” admonish the authors. Somewhere, Benjamin Franklin is smiling.

Millionaire Mind – Thomas Stanley
The Millionaire Mind spent over four months on the New York Times best-seller list, rising to position #2, and has sold over half a million copies. Here is Stanley’s second groundbreaking study of America’s wealthy. The Millionaire Mind targets a population of millionaires who have accumulated substantial wealth and live in ways that openly demonstrate their affluence. Exploring the ideas, beliefs, and behaviors that enabled these millionaires to build and maintain their fortunes, Dr. Stanley provides a fascinating look at who America’s financial elite are and how they got there.

Think and Grow Rich – Napoleon Hill
A must for anyone wanting to improve their lives and their positive thinking. There have been more millionaires and indeed, billionaires, who have made their fortunes as a result of reading this success classic than any other book every printed. NAPOLEON HILLS’s “Think and Grow Rich” is the authors most famous work. This is the COMPLETE Reference Book. A true masterpiece with the fundamentals of the Success philosophy.

Failing Forward – John Maxwell
In Failing Forward, John Maxwell offers advice for turning the difficulties that inevitably arise in life into stepping stones that help you reach the top. Noting that star performers are often those who aggressively push forward after encountering adversity, Maxwell shows how a variety of well-known and not-so-well-known people have forged ahead despite obstacles that could have derailed them. The major difference between achieving people and average people is their perception of and response to failure. John C. Maxwell covers the top reasons people fail and shows how to master fear instead of being mastered by it.

The Magic of Choosing Uncertainty -Tom Scarda
Are you facing a change in your life? Are you stuck making a big life decision or even small, everyday decisions? Are you at a crossroads in you career, your relationship or your life? If you’re experiencing a midlife awakening, this book will help you navigate the unchartered territory that you are likely to encounter. Contained in this book are some secrets, tips and exercises to help you control the course of your life’s situations. Don’t get stuck at the crossroads of Uncertainty and Unhappiness. Take control now!

Find Your Courage – Margie Warrell
Warrell’s “12 Acts of Courage” challenges you to rethink your “life scripts,” overcome everyday fears, and dream bigger. Each chapter includes proven strategies and “Courage Exercises” to help you harness their inner strength and make meaningful changes in your personal and professional lives.

Who Moved My Cheese – Spencer Johnson
This is a brief tale of two mice and two humans who live in a maze and one day are faced with change: someone moves their cheese. Reactions vary from quick adjustment to waiting for the situation to change by itself to suit their needs. This story is about adjusting attitudes toward change in life, especially at work. Change occurs whether a person is ready or not, but the author affirms that it can be positive. His principles are to anticipate change, let go of the old, and do what you would do if you were not afraid.

Street Smart Franchising – Joe Mathews
Prepping you for what it takes to succeed in franchising, franchise experts Joe Mathews, Don DeBolt and Deb Percival deliver an insider’s view of how franchising works, imparting real-world tactics and strategies, and empowering you to decide if franchising is for you.

Is Franchising For You?

Everyone entering into this process is wondering two things. First, will owning a franchise help me achieve my goals and objectives? And second, does owning a franchise fit into my current work, family & lifestyle preferences? There are a variety of ownership structures and a lot of flexibility in those options to consider, here are a few examples:

Owner Operator

Ready for a career change and prefer to sink your teeth into a new industry full-time?

Diversification

Many entrepreneurs, franchise or otherwise, would like to find simple, absentee type operations to diversify their portfolio.

Executive Owner

If you prefer to work on your business, as opposed to in it, we have manager run opportunities, that allow the franchisee to keep their job.

Frequently Asked Questions

Launching a search into franchising opportunities will likely generate more questions than answers. Our experienced consultants have compiled answers to some of the most frequently asked questions for your benefit.
How do I Know if Franchising is Right for Me?

Buying a franchise can be an ideal way to start a business because you enjoy the benefit of building on a proven concept, and much of the start-up work has been done for you. There are tradeoffs, though, and you should be sure you feel comfortable with those before taking the leap. One reason franchises are successful is consistency. That means the franchisee must follow established systems and processes to ensure a consistent product. If you want to be creative and make your own way, franchising might not be the solution for you.

What Kind of Franchise Businesses are Available?
When we think of franchises, fast food restaurants most likely come to mind. Most any business that can be easily duplicated can translate to a franchise, though. Today there are 4,000+ franchise concepts in the U.S., so there is a franchise opportunity for nearly every type of business. Some concepts you might not have considered include real estate based plays, cleaning services, senior care, automotive and fitness centers. Your interests and investment level will help determine which business is right for you.
What Experience do I Need to Start a Franchise Business?
While business savvy will be helpful in starting any new business, the advantage of buying a franchise is it comes with a blueprint. You do not necessarily need to know everything about advertising, training staff or managing inventory for a small business because the franchisor will provide guidelines for all those tasks. Some experience with managing people and resources, however, will go a long way to ensuring your success. Franchising can be a great way for a successful business professional to go into business for him/herself. The combination of that experience with the proven processes and best practices established by the franchisor can create a powerful partnership.
How Much Does it Cost to Buy a Franchise?
There are almost as many answers to that question as there are franchise businesses. An important step to investigating business opportunities is to understand all of the costs involved. In addition to the actual franchise fee, you will need to consider build-out, advertising, equipment, inventory and required start-up working capital when planning your budget. All of this information will be provided to you, in extreme detail, by any franchise opportunity you choose to explore.
How do I Choose a Location for my Business?
Where to locate your business will be one of the most important decisions you make. To help with this decision, most franchisors provide territory and demographic details along with extensive real estate expertise. There may also be territory restrictions to protect franchises of the same business from internal competition.

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