TL;DR
Service brands continue to grow across the US, offering lower costs of entry and simpler business models. They appeal to both existing and new franchisees due to their selling points, including lower costs and simpler operations.
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 September 9, 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.