Forbes says: “2022 is positioned to be a massive year for franchise development and sales growth.” As more and more people return to pre-pandemic habits, it is an exciting time to start a business. With the past few years being extremely taxing, people are looking for a change in careers. 

Franchising is the new way of thinking:

Let’s face it – people want to follow their passion and start their own company. However, starting a company takes an extremely large amount of time, money, planning, and uncertainty. More and more people are looking into franchising because it is the quickest, easiest, and most cost-effective way to start a business you love! In 2022, people want to make money in an easy and fast way. Franchising allows you to copy a playbook of a company that has had proven success. 

Why franchise in 2022?

• Positive Employment Projections

  • Experts believe the unemployment trend will turn at the beginning of 2022 meaning that franchise companies will not have a problem with hiring qualified employees

• Strong Economic Outlook

  • Inflation rates are rising and interest rates are low

  • Borrowing money to open a franchise is cheaper than before with low-interest rates

  • With inflation rates rising, companies are able to readjust pricing models which can set up new franchise owners for success

• Return to pre-pandemic habits

  • Parents are returning to pre-pandemic habits and are looking to enroll their children in sports and activities

• Health and wellness at a high priority

  • Gym Skills promotes a Healthy and Active Lifestyle

  • Franchises that focus on fitness, health, and wellness are projected to thrive in 2022

  • More of a need for fitness franchises now than ever before