3 Franchising Ideas for Modern Entrepreneurs

Being an entrepreneur in today’s world can be rather tricky. On one hand, the Internet has opened entrepreneurship up to people of all walks of life, and has made getting started easier than ever.

Modern competition, however, is thus stronger than it was in the past. Getting ahead takes a certain special “something,” and it’s not always easy to hone-in on what that is.

Today’s entrepreneurs are looking towards franchising as a way to get into the professional world of business. Franchising not only offers you the potential to make a fair amount of money, it can help you to learn more about running a business should you choose to launch your very own company in the future.

While there are a variety of franchising options available these days, some stand above the rest as being easy to enter into and quite lucrative all at once.

Vending Machines

vending machines
photo credit: Wunkai

You might not instantly think of getting involved in the vending industry at first, but this can actually be a great way to bring in income. Vending machines have always been popular, and as technology continues to advance, it’s not likely that this popularity will go away anytime soon. The fact that there are vending machines for practically any type of product imaginable these days proves how this industry can transform with the times. As long as you have a strong idea of what you’re looking to offer you can find your niche without having to try too hard.

There are a variety of ways to get into the franchising of vending machines. Companies like 1800vending.com can offer some great advice on how to get started and provide you with all the information you need to know.


dq restaurant
photo credit: I-5 Design & Manufacture

Chain-restaurants and franchises are far from being the same thing. Franchises tend to be smaller and more regionally-focused than chains, and the quality of ingredients and tends to be higher than the alternative. This is a great niche to pursue if you have a strong interest in food service, as there are literally thousands of restaurant franchises to choose from.

The one downside to opening a restaurant is that start-up costs can be relatively high. However, if you can keep the establishment rolling you’re bound to make a lucrative living off of it. Be sure to study trends in the food service industry to determine which type of restaurant might be worth opening; “green” and organic is huge at the moment, for example.

Fitness Centers

photo credit: johnwk

It seems as if image and appearance are becoming more important each day thanks to the Internet and 24-hour media outlets. While it can be argued as to whether or not this is a “good” thing, fitness centers are surely seeing residual benefits. People are more than willing to sign up for expensive gym memberships in order to stay fit, and there’s never been a better time than now for prospective franchisors to jump on-board. If you can offer up a relaxing atmosphere filled with high-quality equipment, all you have to do is sit back and watch the membership dues roll in.

Franchising can seem confusing at first, but it’s one of the best ways to enter in the world of running a business. If you can hone-in on what interests you, it doesn’t have to be difficult to get started.

About the Author: This article is written by Tara Miller