1851

Over the last 10 to 15 years, franchising has expanded from storefront locations to also include high-demand services, according to an article in <a href="https://www.forbes.com/sites/forbescoachescouncil/2018/12/28/tips-from-a-franchise-coach-emerging-franchise-concepts/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=emerging-franchise-concepts-to-watch-in-2019-2708763#72baad76737e" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Forbes</a>.

Acknowledging the increasing need for in-home care as baby boomers enter and progress through retirement, franchise coach and article author, Rick Bisio, said: &ldquo;A great example of a growing industry in franchising is in-home senior care. According to the most recent study on aging in the United States, 46 million Americans are currently age 65 or older, with that number expected to hit 98 million by 2060.&rdquo; Bisio also noted: &ldquo;As more and more baby boomers become senior citizens, there will be a greater need than ever for in-home care services, and the trend is expected to continue for decades.&rdquo;

An emphasis on improved health also extends to the health and wellness franchising industry, Bisio said. Consumer demand over the years has further driven growth in boutique salon concepts with specialty and/or high-end offerings, according to the article. Bisio also called out the pet care industry: &ldquo;According to the <a href="https://www.prnewswire.com/news-releases/americans-spent-695-billion-on-their-pets-last-year-more-than-ever-before-300618209.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=emerging-franchise-concepts-to-watch-in-2019-2708763" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">American Pet Products Association</a> (APPA), Americans spent a record $69.5 billion on their pets last year. Many franchises are taking advantage of the increased care and attention we are placing on our pets and becoming quite profitable from it.&rdquo;

Read the full article <a href="https://www.forbes.com/sites/forbescoachescouncil/2018/12/28/tips-from-a-franchise-coach-emerging-franchise-concepts/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=emerging-franchise-concepts-to-watch-in-2019-2708763#72baad76737e" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

Franchise, franchising, franchise concept, emerging franchise concept

Emerging Franchise Concepts To Watch in 2019

1851 Franchise

Health and wellness, in-home senior care and boutique salon concepts top one franchise coach’s list.


emerging-franchise-concepts-to-watch-in-2019

Children's Lighthouse

How Children’s Lighthouse Stands Out Among Other Children’s Education, Childcare, and Daycare Franchises

how-childrens-lighthouse-stands-out-among-other-childrens-education-childcare-and-daycare-franchises

The Growth Coach

The Growth Coach Franchise Costs, Fees, Profit and Data for 2025

the-growth-coach-franchise-costs-fees-profit-and-data-for-2025

One Hour Heating and Air Conditioning

Why One Hour Heating & Air Conditioning Sees People as the Power Behind Franchise Growth

one-hour-heating-air-conditioning-franchise-growth

Lawn Doctor

Design with photo of John Perry and Lawn Doctor logo

How a 20-Year Industry Veteran Tripled His Sales With a Lawn Doctor Franchise

lawn-doctor-franchise-success-story-john-perry

Fitness Premier

The Secret to Fitness Franchise Success? It's Not Just the Workouts

fitness-premier-franchise-marketing-support

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Design with American and Federal Reserve flags against light blue background

Federal Reserve Expected To Cut Rates by Quarter Point, a Move That Could Boost Franchise Growth

fed-rate-cut-boosts-franchise-growth

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Emerging Franchise Concepts To Watch in 2019

MORE STORIES LIKE THIS