It’s a big time for franchise lists. At Franchise Direct, we are getting to ready to unveil our latest rankings of the Top 100 Global Franchises. We’re not the only people ranking franchises at the moment, and we’d like to point readers in the direction of a list that assesses the best new franchises.
Franchise Times magazine has again listed the so-called Fast 55, the fastest-growing franchises in America. The magazine has been examining the best new franchises for the last seven years and is well-equipped to look at the market. It’s not only the franchises that fill out the rankings that are interesting to us. But the Fast 55 also says a lot about the franchise industries of tomorrow.
In the wake of the health care debate in America over the last year, it’s fascinating to see that new home-care franchises that are thriving. Combined with fitness franchises, these franchises are the biggest group on the list.
“Health care is important. We’ve figured this out because the health and fitness sector has consistently placed the most companies on the Fast 55…The biggest reason, by far, is the surge of franchising into the home-care industry amid a booming population of seniors and a growing realization that they would prefer their golden years be spent at home. Five home-care chains are on the ranking, including Senior Helpers (No. 18), Accessible Home Health Care (No. 32), Seniors Helping Seniors (No. 36), Home Care Assistance (No. 39) and Synergy HomeCare (No. 42).”
Congratulations to the many Franchise Direct franchises that made the list. For anyone looking to invest in a franchise of tomorrow, you’ll probably find it on this list. Many of this year’s Fast 55 could crack the Top 100 Global Franchises in a few years time.