Between 2004 and 2005, the number of Franchise 500 companies increased by 11 percent, which is significantly greater than the previous year’s growth of 4 percent. This growth in both major and small business franchises is a reflection of American’s desire to build their dreams of entrepreneurship. Corporate employees are looking now to own their own businesses, and so there has been significant growth in some specific small business franchises that does not seem to be slowing down.
If you are interested in small business franchises to start your own company, there are some that are forecasted to see significant growth over the next few years. You need to look closely at your interests, the time you have to offer, and the amount you want to spend on a small business franchise before you determine which one is best for you. Once you know what direction you would like to take with your small business franchise, you may then want to consider which of the small business franchises will be best for you and your situation.
One of the small business franchises that is growing in popularity is the do-it-yourself meal preparation business. People are working longer hours, most households are two-income based, and families no longer have time to do the work associated with preparing a nice family meal. These hot small business franchises are growing rapidly, because it fills a need that many families have. If you like to cook, this may be the small business franchise for you.
If you are an eBay aficionado or you like to buy, sell, and work with the computer, eBay consignment stores may be on your list for small business franchises. These new, and rapidly growing, small business franchises offer people the opportunity to drop off their items with you to sell for them on eBay. Many of these people who would use your service do not want to learn to sell on eBay and would never do it if it was not for these small business franchises.
Small business franchises for pets and children are also popular and continue to grow. If you love pets, you have the options of a variety of small business franchises from pet sitting, dog walking, and training to pet supplies and scooping poop. The possibilities seem endless as Americans grow closer and closer to their pets. Children also provide a number of small business franchises, as specialty services like day-care and tutoring area are always needed.
Read the rest of the article here: Small Business Franchises.