What Businesses Will See Franchise Growth In 2022?
The pandemic flipped the world upside for the better part of 2 years now. What everyone thought would be over by summer of 2020, has now extended into the new year of 2022. When the pandemic hit it closed down businesses and kept everyone at home. Many small businesses closed down and remained shut down due to inability to operate on less revenue.
It has been a tough couple of years, but everyday we get one step closer to the end of the pandemic.
During this stay at home many people took time to understand what they truly wanted and what they were passionate about. Some of those people, maybe including you, decided that they wanted a change. That change being business ownership. Starting a business from the ground up anytime is difficult, and even more so now with the pandemic. So have you considered franchise ownership?
Why consider franchise ownership? It allows you to become a business owner of an already established, trustworthy and thriving business. This is a HUGE leg up already. Through franchising you’ll have the vital support and resources you need to succeed as a business owner while being able to take the reins and run the business on your own.
Pro tip: read our article, 3 Steps To Business Ownership, for helpful insight!
But wait, didn’t we just say that many small businesses were hit hard by the pandemic and struggle to thrive? Yes, we did. But there are several industries that will see franchise growth that are projected to SOAR in 2022.
We’ve got the insight as to what those industries are and we’ve got the resources to help you become a franchise owner in one of those industries. Keep reading to find out which businesses will see franchise growth in 2022.
Industry #1: Health & Fitness
During the lockdown people started focusing on their health and well-being. People found ways to stay fit at home or turned a room into a spa-like oasis to get away from the hustle and hustle of their own home.
With a big focus on health and wellness opening up a franchise that encompasses that industry can mean long term success. Whether you choose to do virtual fitness, a cycling gym or an IV hydration therapy center, the options are endless.
Industry #2: Education & Learning
Again, the pandemic shut down EVERYTHING, including schools for sometime. Once schools were able to “reopen” everything was completely virtual for more than a year. Fall 2021 was the first time students could step foot in an actual classroom again.
While virtual learning kept students in the line with their studies, many struggled to adjust to the new virtual learning environment.
Now that students are back in the classroom it can be hard to keep up and readjust after a tough couple years.
Think about it this way, students who were in 4th grade when the pandemic started are stepping foot into a 6th grade classroom for in-person learning.
That’s a hard adjustment.
Enter learning and educational businesses and resources. You’ve seen places like Sylvan, Kumon and other tutoring and educational centers before, but now they are needed more than ever.
College prep, math help, reading and writing assistance and more are what parents are looking for for their children. They want to help their children adjust, ease their stress and get them back on the path to success in education.
If you have a background in education or any similar field of study or industry, it might be worth looking into an educational franchise!
Industry #3: Mobile Eateries
Yes, Food Trucks. Food trucks have seen enormous franchise growth in the past 10 years. Remember seeing Cousins Maine Lobster on Shark Tank? They turned that business into a franchise opportunity and it has taken off tremendously.
Many other popular mobile food eateries are now doing the same. When you are able to take your business anywhere, the opportunities are endless. You aren’t stuck in one place and you can park wherever you’ll get the most business!
If you have a passion for food and cooking and have always dreamed of owning a restaurant – this is a WIN-WIN!
If you haven’t considered a food truck franchise, you absolutely should. It’s a more affordable option for those interested in starting a food related business.
Want to Know More about Which Businesses Will See Franchise Growth in 2022? Call MVision Franchise!
Here at MVision Franchise we’ve got decades of experience and the largest network of franchises and startup companies to help you become a part of.
If you’re interested in becoming a franchise owner we encourage you to check out our blog and read articles like:
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