Anna Wilds
Franchise Conference Takeaways

Last week I attended a first-ever virtual Franchoice Conference with my colleagues from across the country plus many of the finest franchises in North America. I confess I was not looking forward to this online event as much as I usually did our in-person Conference which is held every six months. However, once the Zoom sessions began, I was in "on" mode because of the exciting innovations and adaptability the franchisers

Franchise Conference Takeaways
Anna Wilds
4th of July | Anna Doris Wilds' Military Story

Anna Wilds Franchise Advisor and owner of Select Franchises shares her Veteran Story.

4th of July | Anna Doris Wilds' Military Story

economy

Restoration Businesses Are Immune To The Economy!

What these services do is RESTORE things to their original condition after they are damaged. 

Damage is typically from fire, smoke, water, mold, and weather events.

Things that need restoring are:

  • Homes and commercial buildings

  • Items in the structure like

  1. Ductwork

  2. Furniture

  3. Artwork

  4. Documents

  5. Textiles

  6. Electronics

There are franchises that specialize in each of these areas. Restoration franchises appeal to PEOPLE who want a GREAT BUSINESS that DOES WELL REGARDLESS OF WHAT HAPPENS IN THE ECONOMY!

Connect with me on Linkedin and send a message to learn more.

Riches Are In The Niches

Some people assume that a fitness concept really means “trendy”. Trends come and go - that kind of business is to be avoided.  

Health and fitness clubs are a $30B+/year industry. Boutique fitness is “niche” fitness.  

Remember - RICHES ARE IN THE NICHES! Why is this?

Boutique fitness studios excel in specific types of exercise. They also provide a community experience that can’t be recreated at home. They are the Go To places for desired fitness programs, classes, and events in their specialties. 

Examples of boutique fitness franchises:

  • Yoga

  • Pilates

  • Ballet

  • Running

  • Rowing

  • Stretching

  • Boxing

  • Dance

  • Indoor cycling/spinning

  • Personal training

   

A big takeaway from COVID is that people really want to go to the gym!  The clientele of boutique studios is repeated customers who have health and fitness as a lifestyle.

Many people are worried about the economy now with higher interest rates and the possibility of a recession.  The good news for fitness franchises is that the first discretionary expenses to leave a personal or family budget are travel and eating out.  

Small personal services expenses like gym memberships, haircuts, manicures, and massages stay within the budget when the belt is tightened. 

Fitness is a year-round business. At this time it gets an extra big surge every year. To learn more about riches in fitness niches, send me a message on LinkedIn.

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