Pets, Home Improvement, and Mobile-Based Franchises are Hot, Hot, Hot…

At FranNet of DFW & Oklahoma, clients ask us all the time which franchise opportunities are red-hot in the marketplace. Ultimately, they want to know if the business they intend to launch operates in a healthy economic sector – one that’s not only showing good returns but has a promising outlook as well. Full disclosure - we don’t typically play favorites with the franchise opportunities in our brand directory. The truth is that we’re much more reliant on what your personal FranNet assessment has to say about where you might find success as a business owner. This is also referred to as our Entrepreneur Profile, an online survey that we offer that allows our new clients to share exactly what they’re looking for in a business.

That being said, there’s an old saying – the facts don’t lie. And FranNet of DFW & Oklahoma can share what we’re currently seeing in the franchising marketplace. From the looks of it, there are two specific franchise categories and one particular business model that continue to gain in popularity. Below, we’ve developed an executive summary for each to share what we’ve found about these promising opportunities.

Pet Care Franchising

There are multiple franchise opportunities in the pet care space, many of which you’re likely familiar with on a first-name basis. Pet Supplies Plus may be the most popular concept – at least according to their top-25 ranking on this year’s Franchise 500 list from Entrepreneur. There are pet-related retail stores, daycare, grooming, and dog park/bar combinations that all have franchise concepts to consider. There are even options for – ahem – taking care of pet disposal needs in residential territories. But as we say, don’t turn up your nose until you see the full potential of a franchise opportunity. If you’d really like a formal industry snapshot, follow this link to read the latest data and statistics compiled by the American Pet Products Association.

Home Improvement

This is a category that skyrocketed when the pandemic necessitated lockdowns and other stay-at-home recommendations. The thing is, it’s an industry that hasn’t slowed down since. Many of these service-based franchises cater to both a residential and commercial target market – offering dual revenue streams for business owners. And, according to the annual Franchise Economic Report from the International Franchise Association (IFA) and FranDATA, commercial and residential service franchises have increased in volume for several consecutive years.

Mobile-Based Franchise Ownership

Have truck, will travel – or at least that’s the motto of many a new mobile-based franchise owner. This business model in particular has been steadily gaining in popularity as many business opportunities shift away from brick-and-mortar and commercial real estate-based operations. It’s also an advantageous way to set your own schedule and enjoy the freedom and flexibility that’s supposed to come with being your own boss! The sheer number of mobile-based franchise opportunities would likely surprise you, and FranNet of DFW & Oklahoma can key you in on the emerging brands that are beginning to make some major industry noise.

As you can see with franchising, there are always certain categories and business models that continue to rise in popularity. They do change from time to time, but it’s always an interesting conversation to discuss whether any of the red-hot opportunities match up with your experience, skill set, and work-life goals. If you’d like to get a conversation started to see where you stand, there’s always a standing invitation for you to reach out to us. Together, we can chart a personal entrepreneurial journey designed to make your business ownership dreams a reality.

Let’s Chat!

If you’d like to know more about franchise opportunities and ownership, please get in touch. FranNet of DFW & Oklahoma is uniquely qualified to match your potential with the possibilities that come from small business ownership through franchising. All you have to do is allow us to be your guide. Our no-cost, no-obligation consultations have helped hundreds of entrepreneurs in North Texas and Oklahoma secure a future that belongs to them and them alone. If you’d like to get started on your own entrepreneurial journey, we’d love to introduce you to a whole new world of possibilities through franchise ownership.