fe at ure : busi n ess serv ices
Expert Advice: Rick Bisio | Franchise Coach | FranChoice
Many Opportunities with Business Service Franchises
Business services franchises are among the largest and most diverse categories within the franchise community. They provide a wide array of services for both businesses and consumers that can range anywhere from painting to staffing to IT support or printing services. According to the most recent Franchise Business Economic Outlook report, there were 106,936 business service franchises in 2019, which generated $106 billion. Business services was the third largest
Franchising USA
sector, accounting for 13.4 percent of all franchise establishments, trailing only retail food, products and services (20.1 percent) and personal services (15.8 percent). Some business service franchises operate exclusively in the business-to-business space. They provide a set of services that can only be used by businesses. Express employment services, which is a billiondollar industry, is an example of that. So are sign-making franchises, market research companies and data-processing services. Each of these businesses help other small, medium or large businesses keep
their operations running smoothly and successfully. Some of these service franchises, such as a sign-making or printing business, work from a retail location and involve some production manufacturing. Others, like accounting, HR or sales support, may operate from a small office or home. While many of these franchises perform services that are essential to business entities, it is important to know that a large number also serves individual customers as well. One example is a painting business. In this case, they cater to both groups as homes and businesses need to be painted. For franchises like Certa-Pro, much of their business is split evenly between
