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.
A franchise can be looked at as the quick road to running a business, but what if you don't have investment money on hand? Most people simply don't have the money lying around to open a franchise, so how do you fund your big dream?
One of the most important keys to the success of your franchise business, however, is finding the right location. Here's how you can choose a franchise location for optimal success.
A franchise business is a business you own and operate using an established company's brand. You, the franchisee, license the rights to operate using that company's brand and trademarks, operating procedures, and products.