AI is showing up in our lives at a rapid pace. Some franchises have been leaning toward its use in the last several years. Click to learn more.
No matter how busy we get, we all need to invest in recreational activities and entertainment of some kind. Since "entertainment" encompasses a wide range of categories, there are numerous ways you could leverage consumer need to make a profit in the entertainment business.
According to the Associated General Contractors of America, "Construction is a major contributor to the U.S. economy. The industry has more than 650,000 employers with over 6 million employees." The industry is responsible for nearly 1 trillion dollars in structures each year.
In the United States alone, hair salons earn an estimated $44 billion a year, with many industry analysts estimating steady, continued growth in the industry. Cosmetic and perfume stores, along with general beauty aid stores, fetch another $22 billion in the United States.
Automotive franchises and auto-related franchises are one of the safest and most profitable franchise opportunities available. Studies show that the United States has the second largest passenger vehicle market in the world, with an estimated 263 million vehicles on the road.