Future Projections for 2010 and Beyond

Best Performing Franchises of 2009:   Franchises that have an “all-in” cost below 100k are far and away doing the best. These concepts are less likely to need financing and thus are more in demand. Businesses that can be run from home and/or run as a second source of income are also doing very well. 

Home-Based Franchise Fever
By International Franchise Association

Many people dream of being an entrepreneur. By purchasing a home-based franchise, you can often sell goods and services that have instant name recognition and, depending on the franchise, you may be able to obtain training and ongoing support.

First and foremost, a thorough plan for investigation should be made prior to signing a franchise agreement. Knowing the scope and size of the industry is particularly useful for those who are just beginning, considering that between 2003 and 2005, nearly 900 new concepts began franchising according to an International Franchise Association Educational Foundation study.