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Franchise fever
The Street has posted a list of the top five franchise opportunities for 2013, based on findings by the U.S.-based International Franchise Association’s business outlook.
It’s all about specialization. Outlets designed to appeal to certain demographic groups, to health, and to personal services are expected to do well. While the five areas were chosen from an American perspective, the trends are likely just as relevant to Canadian markets.
The five best franchise opportunites are:
- Hair care: High demand, even in a weak economy. Would you want to cut your own hair? Didn’t think so.
- Fast-casual restaurants: Slightly more upscale than fast food, with all the convenience.
- Business coaching and staffing: Geared toward more flexible work environments and low startup costs.
- Fitness: Best opportunities are on the low end of the price and quality scale.
- Real estate: Because, well, people love buying houses.
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