I hope everybody had a great 4th of July. We’re now officially two weeks into summer and that means that it’s the perfect time for you to start a summer franchise. Here are five great franchise choices that will position you for success this summer and beyond.
Have you ever had one of those days when you were just kind of fantasizing about what you would do if you had a crazy amount of money? I had one of those a couple of weeks back when I was looking for a new apartment. I decided to go onto an NYC realty site and take a look at what paying an absurd amount of rent gets you in the city. I was looking and came across one for $25,000 a month (and that’s nowhere near the top end) and just had to laugh. Of all the things you could do with $25,000 - paying one month’s rent on an apartment seems pretty nuts to me. But that got me thinking, what can you do with $25,000 - from rational to fun to downright wacky.
This came as a little bit of a surprise to me.but at the end of the day it
makes sense. Franchises might be a good opportunity for people to make a
change in their lives, but at the end of the day they are a major investment.
And as with all major investments you’re probably making it with the intention
of making money. So if you are thinking of opening your own franchise to make
more money, have more flexibility, or have a more fulfilling career you’re not
alone.
People are always asking us what food franchises they should open. And with
summer right around the corner, right now might be the best time for you to
open your very own food franchise. Every franchisee is different, so these
recommendations might not be the perfect fit for you, but without further ado
here is my list of the five hottest food franchises for the summer of 2015.
I’m a huge Chipotle fan and I’m not ashamed to admit it. I love a big fat carnitas burrito with every possible topping (is that even the right word for what you put on a burrito?) on it, especially guac. But every time I’m outside of New York I wonder why there aren’t more Chipotles out there. Sure there are a bunch (at the end of 2014 there were more than 1,700) but their numbers pale in comparison to other “fast food” giants like McDonald’s or Subway (they have more than 36,000 and 43,500 restaurants respectively). So why hasn’t Chipotle followed suit and gone the obviously successful franchising route?
Believe it or not, now that 2015 has come, the economic woes that began of
2008 are seven years old! Although the economy hasn’t recovered as quickly as
we all would hope, Americans are finally to the point where things are looking
up. (In December of 2014, the government announced that the economy is growing
at a rate not seen in over a decade!)
Not every business in the U.S. is a franchise. (Much to the chagrin of us here
at FranchiseHelp.) But that doesn’t stop people from searching desperately for
information on opening a location of their favorite stores.