Emerging franchise opportunities worth investing in
Franchising continues to be a viable investment avenue for entrepreneurs. Which emerging franchise opportunities can be currently considered?
South Africa’s franchising sector has continued to grow in leaps and bounds. Franchising has continued to offer business opportunities for local entrepreneurs and enabling the creation of jobs. The growth of this sector has opened new investment opportunities which are meeting changing financial, family and lifestyle dynamics in the country. Here are some emerging and potentially profitable franchise investment opportunities worth considering.
Organic food services
Business research shows that there is an increase in the number of people who are opting for organic and healthy conscious food. Organic food services especially those which provide home delivery are becoming profitable in the current economic climate.
On call health services
Quality healthcare is a priority for many people but in the current fast paced environment with customers who are time and cost conscious, the need for affordable healthcare services delivered at the doorstep of the customer has increased. Through this model, customers can have nursing care, physiotherapy and medicines delivered at the home of a customer.
Child entertainment
Safety concerns are prompting emerging middle class families, especially in cities, to keep their children off the streets, and subsequently, this is driving various child entertainment and exercise franchises to provide a convenient and safe place for children to play and let out some bottled-up energy. These are ranging from art classes, to indoor jungle gyms and even trampoline parks.
Social franchise
Social franchising works in a similar way to traditional franchising but the main difference here is that a social franchise is usually driven by a social goal. Social goals could include tackling community environmental issues, substance abuse and even wellness programs for the retired and old members in communities.
Fitness and gym franchising
More and more people are beginning to embrace the idea of keeping fit. The increasing demand for gym and fitness facilities has opened up new business opportunities to make fitness affordable and accessible to everybody. Investing in this area of business is likely to provide good returns.
The areas of franchise investment provided above are worth trying.
