December 28, 2007, Newsletter Issue #96: Buying a Top Ten Franchise

Tip of the Week

Whether or not a particular category is consistent with top ten franchises can and will change repeatedly. Look at what the top ten business trends are and find franchises in those areas. Fitness and weight loss are perennial favorites, as are businesses related to children and seniors. However, don't choose a franchise solely based on its placement in the top ten franchises when you're doing your research.

Always remember that trends come and go. Be sure to ask your franchisor about their predictions on new trends as they come up. Make sure you don't buy into a top franchise only to find it last year's fad by the time you need to make a profit.

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