Monday, January 26, 2009

5 Small Business Opportunities That Mean Big Business


Here in the United States, there is no generic story that we like more than the story of the triumphant underdog: the constantly rehashed tale in which a nobody rises up, challenges the establishment and their champion, and comes out on top, becoming a somebody. There are probably many cultural and anthropological reasons that we as Americans love that formulaic story so much, but one of the biggest has got to be that to some degree, we all at one point feel like guppies just trying to survive in a sea of sharks and whales. In the business world, this is especially true with a small business. Even if a small business gets past the threat of failure, in many cases it still seems like a pipe-dream to believe that it could ever amount to anything really profitable. But as you look at the prospect of starting your own business, don't give up hope on making it big. Take a look at a few business opportunities that have already proven that they can swim with the big fish, and are looking for new franchisees to start off a new business on the right foot.

HomeTeam Inspection Service

If you've ever bought or sold a home, you know firsthand just how important a role the home inspector plays. In many ways, he makes or breaks the deal depending on what problems he finds in the house. A HomeTeam Inspection Service franchisee becomes that essential ingredient to a successful purchase, but with this franchise, he doesn't do it alone. As the name might lead on, the HomeTeam Inspection Service model sends small teams of inspectors to look over 400 designated inspection points. With the housing market as vibrant as it is, this effective, collaborative, and comprehensive system greatly expands the growth possibilities for a HomeTeam Inspection Service franchisee.

Global Broker Systems

Similar to HomeTeam Inspection Service, this work-at-home franchise's prospect for success is founded on current market trends: if the businesses you serve are doing well, so are you. And even in a slow economic climate, there are still plenty of ways to make good money with this franchise system. Providing all kinds of financial services to client companies, Global Broker Systems has the opportunity to grow as big as the franchisee wants it to go. The greatest part is that the demand for this franchise's services is always high. As long as companies need lease financing, capital loans, debt restructuring, and other services so important in our current economy, a Global Broker Systems franchise will likely never stop growing.

Real Property Management

One of the most recognizable names in an ever-needed industry, Real Property Management's future success as a premier property management franchise is highly likely, as they've already proven to be one of the best and fastest-growing in their market. Moreover, with a third of the nation's houses not inhabited by their owners, there is still plenty of expansion space for this already highly lucrative business.

Any Lab Test Now

With a name like that, you pretty much get the gist. What makes this medical franchise a prospect for big success is that it fills a hole that is constantly expanding, and not many companies are jumping into. With increasing frequency, employers are requiring drug screenings for employees, and at perhaps a higher rate, baby boomers are retiring and needing a lot of medical testing. With so much demand, regular hospitals can't keep up, and Any Lab Test Now has huge room for growth.

Billboard Connection

One of the most prominent means of advertising is billboard use, but most small and medium businesses don't have direct access to billboard companies. Billboard Connection makes those connections happen, linking smaller local companies to the billboard groups that can advertise for them. Because no new medium has yet to oust billboard usage as a primary advertising strategy, and there are far more smaller and mid-sized businesses than mega-corporations, the outlook for this brand of home-based franchise is very good in nearly any city.

Most franchises begin what seems to be a very small level of business, and there's nothing wrong with being a small fish in a big pond. In fact, some people are better wired for it. But those who are best suited for large-scale operations don't have to avoid small-business franchise opportunities for fear that they'll never get to work on the scale that they want to. Realistically, the whole reason that franchise businesses exist for purchase to begin with is that an initial business simply grew to be too big for a single person to operate, which really makes the outlook for any small-business franchise just a little bit rosier.

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