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What are the best franchise markets to invest in?

TapHouse Blog

If you’ve decided that 2016 is going to be the year that you take your financial future into your own hands by investing in a franchise, congratulations! You can increase your chances of reaching your goals by putting your investment in one of the hottest markets of today. These three markets were short-listed due to a number of factors including their projected growth potential and expansive array of options — both branded and non-branded — from which to choose.

Home Services

Whether they are too busy or they simply lack the know-how, homeowners want to maintain their largest investment —their home — but often are unable to do so. Home services encompass an expansive range of options to keep your home in peak condition. Within the home services industry you could help homeowners redecorate with an interior design or window blinds franchise or concentrate on sprucing up the outside of their homes by providing concrete or painting services. The franchise options are bountiful in home services

Senior Care

The United States is in a distinctive population wave unlike any other seen to date. Baby boomers are reaching retirement age in record numbers. This “sandwich” generation is often caught between their desire to enjoy their newfound retirement and taking care of their aging parents. These seniors themselves are experiencing unprecedented good health that leaves them energetic and eager to take advantage of their extended lifespan. Rather than being ready for nursing homes or daily care, seniors often simply need only a helping hand with a few key tasks.

Unique Restaurant Concepts

Unique restaurant concepts, like gastropubs, embrace a combination of the best things diners are looking for; innovative spirits, high-quality dishes sourced from local ingredients, if possible, served in a laid-back atmosphere that is convenient and attractive to crowds of all generations. Gastropubs effectively straddle the fine line between bar and restaurant by offering a unique experience at a price point that enables visitors to enjoy themselves more frequently than just special occasions.

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Within these three hottest franchise markets of 2016, investment possibilities are endless. Before you begin of course, do your research to ensure the company you are considering has a good track record. Finding an established business model, like what Tap House Grill has to offer our franchise investors, will aid some of the early growing pains of opening your own business, but choosing to invest in any of these three business markets is the best place to start.