The subject of franchises continues to be a hot topic among investors who wish to keep their success in a constant upward motion as we continue into 2014 and beyond. To increase the chances of that success, investors hardly ever take a stab in the dark, so to speak, when choosing potential franchises to invest in. Instead, these cautious and innovative supporters of modern business will study the latest industry news and read the reports from top analysts in order to make wise decisions that will pay off in the long run. The following is the exact information potential investors are reading to fill them in on the hottest and most promising 2014 franchises in existence. With this knowledge, enough capital, plenty of drive and the right teams behind you, you could potentially invest in 2014’s most successful franchise of the year.
The 2014 franchises listed below show that success trends are leaning towards self-improvement, cleanliness, convenience and services that make life easier. Use this information to your advantage. Even if you don’t invest in the franchises on the below list, investing in businesses that represent the same industries may still yield success.
Immediately following the New Year, most people make a pledge to improve themselves. Some want to lose weight, some want a whole new look and some want more quality rest. Luckily there are 2014 franchises to appease all of those people.
Anytime Fitness will help you cash in on all the New Year’s resolutions that are bound to focus on getting more fit in the coming months; and Super Cuts will help those who want to transform their appearance with a fresh new ‘do.
If you don’t have the capital to invest in these premium 2014 franchises, look for similar franchises that have a proven track record and that focus on a quality product or service with exceptional customer service. While those companies may not rank very highly on franchise lists right now, you know never when they may be the winners in the coming years. The trick is to watch a company’s growth and keep up with any press releases so that you can make an educated decision that is right for your needs and budget.
Food & Hospitality
You would be wise to invest in 2014 food and hospitality businesses, as those have become increasingly popular in recent years. People have always loved food and going out to eat continues to be a pastime that is popular with all demographics. Hotels, spas and other businesses that focus on helping people ease the stress of modern living should prove to be a wise investment in the coming year.
The businesses to watch in this industry include Subway Sandwiches, Jimmy John’s Gourmet Sandwiches, 7-Eleven, Pizza Hut Inc. and Dunkin’ Donuts.
Again, any business that helps people prepare or find delicious food and businesses that help people relax and find peace within themselves have a strong chance of succeeding.
Cleanliness & Orderliness
Servpro is a company that provides water damage, fire damage, mold restoration and cleaning services to residents and businesses; and the company is also listed as one of the 2014 franchises to watch. The company and others like it are already experiencing tremendous growth, and it’s not just cleaning companies that are, well, cleaning up. Companies that help others remain organized are also showing significant promise. These trends show that, as the world becomes more hectic, people will be looking for different and better ways of remaining clean, organized and sane.
While the above list of franchises primarily discusses offline businesses, we can expect online businesses to also flourish in the coming months and years. More people are going online than ever before and social media, e-commerce and online entertainment are exploding in popularity. Keeping this in mind, look for businesses in the above industries that provide people with virtual experiences both locally and over long distances. The advent of computers and the Internet have opened doors that were never before possible. Use these tools to your advantage to attain a level of success you can ultimately be satisfied with.
Of course the experienced franchise investor is never satisfied. If you are one of those people, use this information to seek out 2014 franchises that will improve your portfolio and put you in a completely new income bracket. This is the year to invest in 2014 franchises. Which ones will you put your hard-earned money into?