TL;DR
Service brands continue to expand in the US, appealing to both existing and new franchisees with a lower cost of entry and other benefits. Service brands offer a simpler business model and lower costs, making them attractive to franchisees.
Service brands’ appeal to both existing and new franchisees continues to grow across the U.S. in all sectors.
Selling points include a lower cost of entry, fewer employees, no retail storefront, no perishables, a simpler business model, and the ability to work from home. Here’s a quick sampling to whet your appetite for expansion opportunities and diversification. Visit our Franchise Expansions & Growth News web page for ongoing service brand news.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on November 24, 2022. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.