Growth Club
1851 Growth Club
The Top 10 Innovative Franchise Concepts That Are Changing the Game
Franchise opportunities tend to change along with the views and priorities of the general public. Here are 10 franchise categories that reflect what people are looking for here and now.
In the rapidly evolving business landscape, franchising is currently undergoing a transformation of its own. Many emerging concepts are breaking free from conventional models to embrace innovation and technology, along with sustainability, cultural diversity and other trending priorities. If you’re looking for your next franchise venture, be sure to consider these 10 future-facing categories.
Eco-Friendly Franchises: As the public becomes more and more aware of environmental issues, several franchise brands are leading the way in sustainability, focusing on greener practices from eco-friendly packaging to energy-efficient operations. Ecomaids*, for example, offers environmentally safe home cleaning services with non-toxic products.
Seasonal Pairings: In the age of side hustles and combined opportunities for acquiring wealth, some franchises are cashing in on the trend by encouraging franchisees to take advantage of a seasonal concept (or a couple of them in alternating seasons). Christmas Decor* is a popular seasonal franchise concept that could be paired with a one that’s busier in the warmer months, such as Joshua Tree Experts.
Responding to Economic Trends: Some franchises offer a solution to a current problem. For example, buying a home is much less affordable than it used to be, so Anchored Tiny Homes offers the affordable approach of building a tiny home on an existing property. Franchisees would be wise to invest while the demand is high.
Global Sensations: Many industry giants are successfully expanding their footprint internationally, satisfying the demand for cultural crossover between countries. For example, Paris Baguette* is a brand that is incredibly popular globally, enjoyed in both Korea and the U.S.
Franchisee Empowerment: Franchises with strong support and robust training systems for franchisees provide a level playing field that allows rookies to join without prior experience. HomeTeam Inspection Service is one example of a brand that provides franchisees with everything they need to successfully inspect homes and run their own business.
Health and Wellness Trends: Some brands are capitalizing on the growing demand for health and wellness services, from specialized fitness studios to health-conscious food options. Fitness Premier 24/7 Clubs is a fast-growing group-workout gym concept that targets smaller markets in suburbs and rural areas that its competitors aren't capitalizing on.
Mobile and On-Demand Services: Many franchises have embraced the mobile and on-demand service model, leveraging technology to bring their products and services directly to consumers' doorsteps. Cruise Planners is a home-based travel advisor concept that can be run without the need for a brick-and-mortar office.
Tech-Forward Ventures: With the rapid advancement of technology, franchise concepts that help other franchise concepts get a handle on their tech are a good bet for your investment. TeamLogic is an IT consulting concept that helps small and medium-sized businesses with their information technology needs.
Diversity and Inclusion Champions: Some franchises have embraced the ideals of diversity and inclusion, reflecting these in their workforce and in their products, services, or values. For example, SOS (Success on the Spectrum) Franchising offers autism treatment therapy and promotes social inclusion.
Innovative Customer Engagement: A franchise that goes above and beyond traditional marketing and customer service, using creative strategies to engage and build strong connections with its customer base, is surely one worth considering. Crumbl Cookies is known for its massive social media presence and its use of influencer marketing in unboxing and cookie-tasting YouTube videos.
While you can’t always predict the future, these trailblazing concepts stand as beacons of creativity, adaptability and forward-thinking. Whether it's responding to environmental concerns, tapping into the side hustle trend or prioritizing diversity, these franchises are not just meeting the demands of the present but are shaping the future of the franchise game.
Interested in a new franchise venture? Check out these resources to start and grow your own business:
*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.
