TL;DR
Service brands continue to appeal in 2022, with sectors such as home maintenance and child care expanding despite the pandemic. These brands offer benefits like no retail storefront and lower cost of entry.
In early 2022, service brands continue to appeal. Selling points can include no need for a retail storefront, lower cost of entry, little to no perishables or spoilage, simpler business models, and the ability to work from home in this Covid-infested era. Sectors such as home maintenance, child care, automotive, lodging, construction, fitness, health, senior care, and more continue to expand.
Here’s a quick sampling to whet your appetite for expansion opportunities and portfolio diversification in 2022. For more on service brand news and opportunities, visit our Franchise Expansions & Growth News web page.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on January 27, 2022. Burnaze summarizes and links to the original reporting.
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