Monthly Archives: June 2023
The health and fitness industries are booming. Both industries remained relatively strong through the COVID-19 pandemic (though many fitness brands had to find alternate ways to meet their customers’ needs during mandatory closures), and recent data suggest that both industries are poised for success in 2023 and beyond.
If you worked your whole life while dreaming of being your own boss, you might be thinking about buying a franchise in retirement. For many people, it is hard to stop completely when they retire, and buying a franchise can seem like the perfect retirement project.
As a franchisee (or prospective franchisee), purchasing and operating multiple units is one of the keys to increasing your profitability. Most franchises offer a restricted suite of products or services from a single retail location, and their revenue potential is limited as a result. Operating multiple units expands this potential, and, as a result, it is an option that many franchisees (and prospective franchisees) will find themselves considering.