As millennials reach their late twenties and early thirties they are growing out of their high school and college years. Most are entering a new life phase — starting a family. Millennials face more challenges than previous generations. They are more likely than their Gen-X and Boomer counterparts to have high student debt and working at minimum or low paying jobs. These financial conditions lead many millennial families to have both parents working while raising children. This requires the need for child care services.
With these various factors at play, the appeal and value of high-quality child care franchises has never been higher. Healthy franchise systems vary within the children’s services category; ranging from basic day care to specialized education services. Our research team has analyzed over 125 children’s services franchises and found a number of healthy franchise investments for people who want to invest in this growing sector.
New York Times investigation into the use of questionable practices by one its Franchise Development Agents that culminated in the agent acquiring two of a franchisees Subway stores.
Multi-unit franchising grows in popularity, in the Quick Serve Restaurant sector, this model continues to expand into other franchise sectors in popularity.
Detailed studies on emerging franchise success rates, errors in Item 20 disclosure and sector performance, Franchise Grade’s reports help you.
New franchise growth is the top priority for emerging franchise brands. Many of these franchises have an obstacle on the road to more franchise locations.