1851

Like any industry, franchising is not immune to trends. While it might not be as apparent as Fashion Week&#8217;s runway fads or Wall Street&#8217;s connect-the-dots predictions, there are some prevailing developments currently defining the franchise industry. Now that Q2 is winding down and 2016 peeks over the horizon, brands have begun asking, &#8220;What are the hottest franchise segments for the second half of the year?&#8221; Christopher Fountain, CEO of <a target="_blank" href="http://www.franconnect.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=hottest-franchise-segments-for-second-half-of-year-2184" target="_blank" rel="nofollow">FranConnect</a>, echoed the sentiments of many franchise professionals: In-home care is the industry turning heads and opening units all across the country. &#8220;I think the demographic shift of the population drives a certain type of business; take the retirement of the Baby Boomer generation, for example,&#8221; Fountain said. &#8220;In-home care is something that&#8217;s very relevant to the population, making it a rapidly growing segment.&#8221; In-home care franchises like <a href="http://www.rightathomefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=hottest-franchise-segments-for-second-half-of-year-2184" target="_blank" rel="nofollow" target="_blank">Right at Home*</a> and Comfort Keeper have been capitalizing on recent market trends and the aging of the baby boomer segment. Evolving from its antiquated perception as a service reserved for ailing elders, in-home care has become a practical option for aging senior citizens who want to remain in the comfort of their homes while receiving aid in basic day-to-day functions like cooking, cleaning and taking medication. Fountain&#8217;s colleague at FranConnect, Keith Gerson, president of FranConnect, revealed a differing perspective on the franchise industry&#8217;s current trajectory. &#8220;I&#8217;m going to be the contrarian,&#8221; he said. &#8220;What I want to talk about is technology and how it&#8217;s changing the industry that 1851 readers are already in&#8212;it&#8217;s about who can execute or out-execute the competition.&#8221; Gerson continues to explain that developments in the franchise industry are currently very meta; it&#8217;s all about who can innovate the most within existing segments. &#8220;The questions that I have heard asked the most this year include the following: How do we create more engagement? How do we create more accountability? How do we improve franchisee level unit level econ,&#8221; Gerson said. While Fountain&#8217;s point-of-view may have deviated from Gerson&#8217;s, he does acknowledge that the franchise industry is a rapidly evolving one with plenty of changes in store. &#8220;As the average age increases, the profile of the consumer changes more,&#8221; Fountain said. &#8220;Recently, we&#8217;ve seen people have more money and demand for personal services.&#8221;

1851 Franchise

As Q2 winds down, this is the industry that everyone is talking about.

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

Hottest Franchise Segments for Second Half of Year    

hottest-franchise-segments-for-second-half-of-year

Seniors Helping Seniors®

Photo of two people, with white hair, sitting on couch, smiling at each other

Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

seniors-helping-seniors-in-home-care-services-expands-in-manassas-and-fredericksburg-virginia

BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

tech-driven-bookkeeping-how-booxkeeping-franchisees-are-embracing-the-future

Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

fitness-premiers-state-of-the-art-facilities-and-multi-discipline-approach-fuels-franchise-owner-success

Melting Pot

Melting Pot 50th anniversary photo, featuring three people enjoying celebratory drinks and fondue

Melting Pot Celebrates 50 Years of Fondue Magic With a Year of Special Menus, New Offerings and Unforgettable Moments

melting-pot-50th-anniversary-fondue-celebration

Filta Environmental Kitchen Solutions

Kathy Turner: The Filta Franchisee Keeping LA's Kitchens Cooking (and Green)

kathy-turner-the-filta-franchisee-keeping-las-kitchens-cooking-and-green

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 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

Yum! Brands CEO David Gibbs To Retire in 2026 After 36 Years With the Company

yum-brands-ceo-david-gibbs-to-retire-in-2026-after-36-years-with-the-company

Hooters Bankruptcy - Chapter 11 - April 2025 - 1851 Franchise

Hooters Files for Bankruptcy, Sells Restaurants to Franchisee Group

hooters-bankruptcy-chapter-11-april-2025

Fly Dance Fitness Expands With First Franchise Location in Georgia

fly-dance-fitness-franchise-expansion

&pizza - Fast-Casual Pizza Chain Begins Franchising - 1851 Franchise

&pizza Embraces Franchising To Fuel Bold New Growth Strategy

andpizza-franchising-ceo-mike-burns

CFOs See Recession as Likely in ’25; Why Now Is the Time To Water the Franchise Buyer Seeds

cfos-see-recession-as-likely-in-25-why-now-is-the-time-to-water-the-franchise-buyer-seeds

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

1851 Agg - McDonald's Sales Decline Expansion Continues - 1851 Franchise

McDonald’s Franchisees Feel the Pressure as Sales Decline and Expansion Continues

mcdonalds-franchisees-feel-the-pressure-as-sales-decline-and-expansion-continues

Design with hundred dollar bill and orange "recession" banner across the middle

ABC News: Recession Risks Are Rising, Economists Say. Here’s What to Know.

recession-risks-impact-economy-franchise-world

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Franchise Deep Dive: Studio Pilates Franchise Costs, Fees, Profit and Data

franchise-deep-dive-studio-pilates-franchise-costs-fees-profit-and-data

Military Veteran and Craft Beer Enthusiast to Bring Voodoo Brewing Co. to Toledo, Ohio

military-veteran-and-craft-beer-enthusiast-to-bring-voodoo-brewing-co-to-toledo-ohio

Hottest Franchise Segments for Second Half of Year

MORE STORIES LIKE THIS