The Most Popular Franchises To Buy in 2022
How many times have you thought about purchasing your own franchise business? You see the idea of owning and managing your own business, while also benefiting from the purchasing power and brand recognition of an already-established company, as very appealing. But how do you know which franchises are the best to buy in 2022? Check out this list of the top 5 most popular franchises to buy in 2022 and start planning!
Why franchises are a popular option for new entrepreneurs
Buying a franchise is one of, if not THE most popular choice for aspiring business owners looking to start a new business. Often when people buy a franchise they are giving up some control over their own concept and operations while gaining some immediate brand recognition and, sometimes, access to a group of established suppliers or vendors. It’s important to note that buying a franchise isn’t for everyone—it requires an initial investment that can be anywhere from tens of thousands to hundreds of thousands of pounds depending on which industry you’re getting into. The basic idea is that if you can operate and build your business using someone else’s systems and processes, it makes more sense for you to start small under someone else’s brand recognition than it does for you to try and do everything on your own at first.
What are the best franchises to buy in 2022?
There are a lot of things to consider when you’re thinking about buying a franchise. It might sound like an easy decision to make, but it really depends on your business experience and your idea for the business itself. Many people buy franchises because they don’t want to be tied down by having their own brick-and-mortar store or restaurant. If that’s your goal, you should know what types of franchises are going to allow you that freedom. Of course, every business is different and every entrepreneur has unique dreams, so do your research before deciding what type of franchise fits best with your plans and goals.
1) Online Franchises
If you’re looking to buy a franchise, chances are you have plenty of options. But if you’re looking for an online franchise, things are a little bit different. While there are still many traditional (and well-known) brands that you can buy into as an online business—from tech support to financial services —the field is relatively new and ripe with opportunities for innovation. In fact, new is often synonymous with online when it comes to franchises; many popular buying trends focus on shiny new names that make innovative use of technology or cater to untapped markets. Luckily, we’ve compiled a list of the best online franchises at our directory to invest in.
2) Estate Agent Franchises
The estate agent industry is a franchise business owner’s dream, for obvious reasons: People often have one of their most valuable assets—their home—and are looking to make big decisions when it comes to selling and buying homes. Buy an established estate agency franchise, and you’ll get access to a business model that has been tried and tested across many other franchisees. Everything from staffing requirements to marketing techniques will be available for you. Once you buy your own estate agency franchise business (which can cost anywhere from £30,000-£150,000), you also won’t have much more than running costs in terms of capital expenditure costs; once your business is up and running there will only be marketing spend required for example Google ads spend.
3) Cleaning Franchises
While it’s true that people don’t like to think about cleaning and we all have dirty homes, people still need to clean. If you’re looking for a chance to make some money and be your own boss, there are several different cleaning franchises you can buy into: carpet cleaners, window cleaners, and pressure washing companies are just a few of them. By franchising, you’ll learn from previous owners what works best and which areas of your business require more attention. You also have access to professional training courses that can give you an edge on new competition in your area. When buying a franchise such as these, you’re buying into a system so it’s important that everything works together with customer service at its core. If a cleaning franchise sounds like a good opportunity for your needs find information on the cleaning business opportunities provided at Franchise UK.
4) Pet Franchises
A rising trend, pet franchises are on a definite rise in popularity. Pets are becoming more of a staple with families and as such, people will likely be looking to invest more money into their four-legged friends. As pets become more popular and important, many will look towards investments like pet franchise stores to help them support their family’s new member. Pet franchises have seen an explosion of growth across all categories – especially for grooming services! While it may not seem like an obvious choice (why does my cat need a comb or brush?), these items are often big sellers because they help keep your pet groomed.
5) Professional Service Franchises
The franchise business model has exploded over recent years, and no longer are people limited to simply opening a McDonald’s or KFC. These days, if you want to buy a franchise, you can run an accounting firm, a tax office, or even a yoga studio. Some of these professional service franchises can be found within traditionally lucrative industries—such as IT consulting—while others are within more niche markets. Regardless of your industry knowledge and background, there is likely a professional service franchise out there that would work for you. Find the best professional service franchises at our directory now.
Find your ideal franchise opportunity with our directory today
If you’re looking to start a business or even just buy a franchise to supplement your current work, it’s important to know which industries and companies are poised for growth. In order to help aspiring entrepreneurs and business owners alike, our directory features the best franchises. Although we recommend researching specific franchises further on our directory before making a final decision, rest assured that all of these business opportunities are excellent prospects for new entrepreneurs and seasoned business owners alike! There’s a reason why so many people choose our directory as we are the UK’s largest franchise directory helping aspiring business owners find exciting franchise opportunities since 2004.