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Another Client Success Story: Meet Jennifer Keahl
Jennifer Keahl is a proud multi-unit franchise owner for StretchLab in Brighton and Clarkston, Michigan. The franchise opportunity is the industry’s largest assisted stretching brand, offering one-on-one assisted stretching services for all ages and fitness levels....
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![Bookkeeping Franchise Opportunities in Canada [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/04/16-400x250.png)
Bookkeeping Franchise Opportunities in Canada [Trends and Facts]
“As an accountant…It is important to possess sharp logic skills and big-picture problem-solving abilities...While bookkeepers make sure the small pieces fit properly into place, accountants use those small pieces to draw much more significant and...
![B2B Franchise Opportunities [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/04/17-400x250.png)
B2B Franchise Opportunities [Trends and Facts]
A business-to-business (B2B) franchise provides products or services from one business to another while a business-to-consumer (B2C) franchise provides products or services directly to end-users. Therefore, B2B franchises typically target other...
What is a Franchise Tax? – Everything You Need to Know
While taxes may not be the most exciting part of running a business, staying on top of them is crucial—especially with tax season just around the corner. Understanding how franchise taxes work is essential for making informed financial decisions...
![Accounting Franchise Opportunities [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/04/19-400x250.png)
Accounting Franchise Opportunities [Trends and Facts]
Accounting is essential for businesses, covering financial reporting, tax compliance, and advisory services. With evolving tax regulations and small business growth, demand for financial services is rising, providing more opportunities for...
![Travel Agency Franchise Opportunities in Canada [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/03/1-400x250.png)
Travel Agency Franchise Opportunities in Canada [Trends and Facts]
“Travel agencies were decimated by COVID-19, which prompted an unprecedented drop in travel bookings and cancellations. In 2020 alone, revenue fell over 45.0% in response to diminished travel demand” (IBISWorld). There’s no doubt that the pandemic...
5 Disadvantages to Operating a Franchise
Franchising offers a proven business model, brand recognition, training, support, and a structured path to business ownership. For many entrepreneurs, this makes franchising an attractive opportunity when compared to starting a business from...
![Massage Franchise Opportunities [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/03/3-400x250.png)
Massage Franchise Opportunities [Trends and Facts]
While the COVID-19 pandemic had a crippling effect on the massage services, the industry experienced a strong recovery and revenue has grown to “an estimated $21.6bn in 2024” (IBISWorld). The industry is projected to continue growing over the next...
Becoming a Certified Franchise Executive (CFE) – Is It Worth It?
“Achieving the Certified Franchise Executive (CFE) designation has been such a fulfilling journey…I wish I would have completed the Certified Franchise Executive (CFE) certification years ago. The CFE designation demonstrates my continued...
![Hair Salon Franchise Opportunities [Trends and Facts]](https://frannet.com/wp-content/uploads/2025/03/5-400x250.png)
Hair Salon Franchise Opportunities [Trends and Facts]
The hair salon industry is growing as there is an increased emphasis on wellness, self-care, and fast-paced lifestyles. According to Global Market Insights, the “Salon Service Market was valued at USD 116 billion in 2023 and is anticipated to...
Joining a Franchisee Association
“By working collectively, franchisees can better represent their interests and address issues with a franchisor using a unified voice. Additionally, members can tap into the wealth of wisdom, experience, advice, and best practices other franchisees...
What Are the Requirements to Becoming a Franchise Owner?
Franchising offers unique benefits compared to starting a business from scratch, and it’s a great option for anyone seeking a path to business ownership. Not only is the franchise system an already proven business model, but the franchisor provides...
Do You Need a Degree to Start a Business?
The short answer is no. A four-year degree is not required for starting a business. However, in many cases, a degree is certainly valuable as it provides skills that are foundational to business ownership. Some of these include: Business knowledge...
Moving Company Franchise Opportunities {Trends and Facts}
The moving industry is not limited to one type of business. Rather, it includes opportunities in sectors such as residential moving, commercial moving, warehousing services, packing services, handling services, and freight transportation. Because...
Conversion Franchise Model – Everything You Need to Know
Franchising is an attractive option for aspiring entrepreneurs. Not only is it a path to business ownership, but franchising comes with less risk and more support when compared to starting a business from scratch. While the concept of franchising...
![Advertising and Marketing Franchises [Facts & Trends]](https://frannet.com/wp-content/uploads/2025/01/11-400x250.png)
Advertising and Marketing Franchises [Facts & Trends]
“The US is home to one of the most lucrative advertising industries in the world…the US market leads competitors such as China and Japan by a wide margin.” (Publift) There’s no doubt that the United States has the largest advertising industry in...
4 Reasons a Printing Franchise is a Good Investment
“In a world where digital screens saturate our daily lives with an endless scroll of information, the effectiveness of print media is both captivating and remarkable. It is a timeless testament to the human need for the tactile and the tangible.”...
![Retail Franchises in Canada [Facts & Trends]](https://frannet.com/wp-content/uploads/2025/01/13-400x250.png)
Retail Franchises in Canada [Facts & Trends]
“A retailer is a business that finds, buys and gathers products or services from multiple suppliers and sells them to consumers.” (Business Development Bank of Canada) While many people think of the retail industry as clothing stores and consumer...
How Does an Owner-Operator Franchise Work?
An owner-operator franchise model is exactly what you might think - the owner of the franchise is the primary operator of the business. This means that the franchisee will manage the business full-time and won’t have extra time for other jobs or...
Part-Time Franchise Opportunities – Everything You Need to Know
“A gig economy, also known as the sharing economy or access economy, relies heavily on temporary and part-time positions filled by independent contractors and freelancers rather than full-time permanent employees.” Investopedia The gig economy has...
Franchising in the Health & Wellness Industry
Health and wellness is a thriving, multi-billion-dollar industry in the United States. While the COVID-19 pandemic negatively impacted the sector, “...the market size of the workplace wellness industry exceeded pre-pandemic levels in 2022, showing...
Another Client Success Story: Meet Ken and Amy Kish
Another Client Success Story: Meet Ken and Amy Kish Ken and Amy Kish are the proud owners of Floor Coverings International of East Metro Detroit, a turnkey provider of high-quality home flooring options and...
What to Look for When Buying a Small Franchise Business in Canada
Buying a franchise is a great option for anyone who wants to own a business without having to start completely from scratch. While franchises vary in size, investing in a small franchise business offers the following benefits: More affordable...
What to Look For When Buying a Home Services Franchise
Service-based franchises have become increasingly popular as a result of the aging population and peoples’ busy lifestyles. Home services in particular is a rapidly growing industry that’s estimated to be “an over $500 billion-a-year industry in...
Franchise Opportunities for Women – Everything You Need to Know
While the amount of women pursuing franchise ownership dipped during the pandemic in 2020, Franchise Insights reported that “women are returning to the pursuit of business ownership…and now represent half of all prospects, regardless of age.” ...
5 Best Franchises to Own For Beginners
Buying a franchise comes with several unique benefits when compared to starting a business from scratch. Most notably, franchise ownership allows you to acquire a trusted brand with established operations and systems, mitigating the risks that come...
What You Need to Know About Federal Franchise Laws
Franchising is a major force in the US economy. With total franchise output increasing by 4.1%, it is expected to continue growing throughout 2024 despite economic uncertainties. Anyone starting a business in the US will be subject to various...
![Canadian Senior Care Franchises [Trends and Facts]](https://frannet.com/wp-content/uploads/2024/12/33-400x250.png)
Canadian Senior Care Franchises [Trends and Facts]
There is a growing demand for senior care in Canada as the population ages and life expectancies increase. According to Statista, “The demand for long-term care (LTC) in Canada is forecasted to rise to 606 thousand by 2031. That is a growth of...
Education Franchise Opportunities [Trends & Facts]
The education market is rapidly growing worldwide. In fact, “Total revenue is expected to show an annual growth rate of 9.11%, resulting in a projected market volume of US$11.83bn by 2029” (Statista). A few key factors driving this growth include: ...
Business Format Franchise – Everything You Need to Know
Franchising has proven to be a resilient industry that continues to grow even amidst economic uncertainty. The International Franchise Association (IFA) forecasted that franchise establishments will increase by 1.9% and total franchise output will...
Another Client Success Story: Meet Mike and Michelle Peterson
FranNet of Michigan Mike Peterson Client Success Story Sep. 2024 Another Client Success Story: Meet Mike and Michelle Peterson Mike and Michelle Peterson are the proud owners of a Challenge Island franchise in Oakland County, Michigan....
Another Client Success Story: Meet John Hunnius
FranNet of Michigan John Hunnius Success Story Aug. 2024 Another Client Success Story: Meet John Hunnius John and Janet Hunnius are the proud owners of Spavia Ann Arbor, located in Ann Arbor, Michigan. A Spavia Day Spa franchise offers numerous...
10 Steps to Take To Make Money in a Recession
While the economy is bound to have highs and lows, there are times when an economic downturn will turn into a recession, which is “a significant, widespread, and prolonged downturn in economic activity” (Investopedia). A recession can significantly...
Buying a Daycare Franchise – Is It a Good Investment?
“The U.S. child care market size was estimated at USD 61.70 billion in 2023 and is expected to grow at a CAGR of 5.86% from 2024 to 2030” (Grand View Research). The child care industry has proven to be resilient even in economic downturns. While...
Recession-Proof Business – What Do You Need to Know?
“A recession is a significant, widespread, and prolonged downturn in economic activity.” (Investopedia) While the United States government has adopted fiscal and monetary policies to prevent another Great Depression from happening, it is expected...
Gym Franchises in Canada [Trends and Facts]
The health and fitness market in Canada continues to grow as there’s an increasing awareness of the importance of maintaining a healthy lifestyle. According to Statista, the market’s “total revenue is expected to show an annual growth rate of...
The Pros and Cons to Buying a Franchise Resale
A franchise resale refers to the purchase and transfer of an existing franchise location, one that’s already been established and operational for some time. In this situation, a buyer purchases the franchise business from the current franchisee...
Product Distribution Franchise – Everything You Need to Know
Despite various economic uncertainties, it’s projected that the franchise industry will continue growing in 2024 with franchise establishments increasing by 1.9% (almost 15,000 units) and total franchise output increasing by 4.1%. If you’re...
Franchise Bookkeeping – Everything You Need to Know
“Bookkeeping is the practice of organizing, classifying and maintaining a business’s financial records. It involves recording transactions and storing financial documentation to manage the overall financial health of an organization…When an...
The General Security Agreement – Everything You Need to Know
A General Security Agreement (GSA) is a legal document that grants the lender a security interest in the borrower's personal property or assets as collateral for a loan. Collateral could include inventory, equipment, accounts receivable, and more....
How to Get in Contact With a Franchise Owner – A Step-by-Step Guide
If you’re thinking about buying a particular franchise, you should consider speaking with current franchise owners in the same space. A few reasons why you would want to contact a franchise owner include: Gather Insights - Direct communication...
Are Non-Food Franchises Good Opportunities?
When people think of a franchised business, they likely think of a fast food chain like McDonalds or Burger King. After all, Americans spend $160 billion per year on fast food, which puts them in the number one spot for fast food consumption (World...
Why Is Branding An Important Part of a Successful Franchise?
“Your brand is the single most important investment you can make in your business.” Steve Forbes If you’re looking to become a franchise owner, finding a franchise with a solid brand is foundational to your success. It’s important to note that...
Cleaning Franchises in Canada [Trends and Facts]
A cleaning business provides cleaning services in exchange for payment to various types of customers. Services provided include cleaning of offices, homes, shops, schools, equipment, and more. Types of cleaning businesses are: House cleaning Office...
Top 3 Most Common Franchising Industries {And Why}
Most people probably think of a restaurant when they think of a franchise, like McDonald’s or Taco Bell. While franchising is most closely associated with the food industry, having a large presence in restaurant and hotel sectors, the top 3 most...
Business Mentorship and Franchising – Everything You Need to Know
Are you thinking about buying a franchise? If so, you should consider a business mentorship. Business mentorship is a valuable resource for entrepreneurs seeking to be successful in their business venture. In short, business mentorship is a...
What to Look For When Buying An Auto Repair Franchise
The auto repair industry is a multibillion dollar market with steady growth being driven by the increasing number of vehicles. Auto repair and maintenance includes the following types of services: Full-Service Repair - This refers to comprehensive...
What Franchise Brands Look For in a Franchisee
At FranNet, our mission is to expertly match prospective franchisees with the franchises that best suit their ambitions and capabilities. While it’s important for potential franchisees to evaluate their franchise options carefully, it’s also...
CEBA Loan Payments: A Comprehensive Guide to Effective Management
The Canada Emergency Business Account (CEBA) is a government program that was created on March 27, 2020 in response to the economic challenges businesses faced during the COVID-19 pandemic. It provided emergency funding to small businesses and...
Why Service-Based Franchises Are Trending in 2024
A service-based franchise is exactly what it sounds like - it’s a franchised business that provides a service to its customers. The type of service will vary, but it generally offers a convenience to customers, saving them time and sometimes money....
Starting A Business After Retirement [Dos and Don’ts]
Starting a business after retirement is becoming more common among retirees seeking supplemental income or wishing to remain active. If you’re nearing retirement, then it’s worth considering whether or not you should start your own business. If you...
Where to Expect Franchise Growth in 2024
[All the information is taken from the International Franchise Association's 2024 Franchising Economic Outlook] There’s no doubt that we were faced with significant economic challenges in 2023 - from rising inflation, labor shortages, and high...
The Future of Canadian Franchising: What to Expect in 2024
In 2023, Canada’s economy began to slow down due to factors such as rising interest rates and a challenging labour pool. Despite these difficulties, the Canadian franchise industry has continued to flourish. In fact, franchising in Canada is the...
3 Top Challenges Facing Franchise Owners in 2024
While there’s been plenty of economic uncertainty at the start of 2024, franchising has continued to prove itself as a stable industry. Despite inflation, labor shortages, and rising interest rates in 2023, the franchising industry either met or...
The Future of Franchising: What to Expect in 2024
While the franchise industry faced various economic challenges in 2023 such as inflation, labor shortages, and rising interest rates, it still met or exceeded projections. According to the 2024 Franchising Economic Outlook published by the...
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Consultant Disclaimer: FranNet’s franchise consultants own and independently operate each office throughout the FranNet system.
FranNet Brand Disclaimer: *There are over 4,000 franchise brands out there for you to choose from but FranNet has made the process much easier to find the right fit for you. We have a variety of franchisors in our portfolio in almost every industry. Our distinguished FranNet Certified Brands have completed our vetting process**. Your consultant can let you know what franchises are currently available in your area.
**Please note that the information and opinions expressed by the Franchisor are those of the Franchisor. FranNet, LLC makes no claim, promise, or guarantee of any kind regarding the accuracy, completeness, or adequacy of the information disclosed by the Franchisor. FranNet Clients are instructed to conduct their own independent investigation of the investment opportunity. FranNet assumes no liability for the statements and opinions stated by our Franchisor partners orally or in writing.
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© Copyright 2016 – 2022. All Rights Reserved
Have a question? Give us a call
Consultant Disclaimer: FranNet’s franchise consultants own and independently operate each office throughout the FranNet system.
FranNet Brand Disclaimer: *There are over 4,000 franchise brands out there for you to choose from but FranNet has made the process much easier to find the right fit for you. We have a variety of franchisors in our portfolio in almost every industry. Our distinguished FranNet Certified Brands have completed our vetting process**. Your consultant can let you know what franchises are currently available in your area.
**Please note that the information and opinions expressed by the Franchisor are those of the Franchisor. FranNet, LLC makes no claim, promise, or guarantee of any kind regarding the accuracy, completeness, or adequacy of the information disclosed by the Franchisor. FranNet Clients are instructed to conduct their own independent investigation of the investment opportunity. FranNet assumes no liability for the statements and opinions stated by our Franchisor partners orally or in writing.
Privacy Policy | Consultant Support
© Copyright 2016 – 2022. All Rights Reserved