Over the years, March Madness has become just as American as hamburgers and apple pie. Every March, the NCAA basketball tournament delivers the thrilling buzzer beaters and bracket-busting Cinderella stories that keep viewers hooked for three weeks straight. In fact, March Madness’ negative impact on workplace productivity has been so well documented that many employers have caved and set up tournament events for employees – most likely because they want to track the action, too.
As we head toward next weekend’s sweet 16 matchups, we’d like to share franchising’s version of Cinderella stories - the Final Four when it comes to under-the-radar businesses to own in 2014. While you are keeping up with the games from your desk next week, take some time to explore some up-and-coming, affordable franchise ownership options you may not have considered yet.
- Pressure Washing Franchises – EPA fines have spurned the rise of franchising in this niche industry. Local one man shows and DIY home-owners don’t have the knowledge and/or resources to abide by EPA run off and water reclamation mandates that are being enforced at record rates. Stiff five figure penalties are encouraging business and home owners to seek more stable and proven options.
- Green/Eco-Friendly Massage Franchises – It’s not enough to just feel good in today’s world – customers want to feel good about the specific company they’re patronizing as well. When a company operates within an eco-friendly building and provides a service devoted to relieving pain and stress, everyone wins.
Take a moment to turn away from your busted bracket and share your thoughts on the next Cinderella story in franchising. What other industries/business models are on the rise?