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Most of this list is from anything research.com. This list fascinates me more: http://www.anythingresearch.com/Top-Industries/Market-Fragmentation.htm http://w
by jasonlbaptiste 16y ago
Most of this list is from anything research.com. This list fascinates me more:
http://www.anythingresearch.com/Top-Industries/Market-Fragmentation.htm http://www.anythingresearch.com/Top-Industries/Market-Fragme...
- daniel246 16y agoAlso see http://www.anythingresearch.com/Top-Industries/Best-Industries-For-Startups.htm http://www.anythingresearch.com/Top-Industries/Best-Industri... It's a mashup of fastest growing industries with highly fragmented ones
- anigbrowl 16y agoWhat they all have in common is a requirement for individualized service and a strong emotional quality-of-life component. If you have the skills to do well in any of these spheres then you probably enjoy a lot of repeat business. Successfully franchising that is difficult because it's not obvious where the economies of scale are, plus the typical franchisee is looking to leverage a brand rather than obsessing-to-excel. One area where it does work, which you might find surprising, is bars - particularly Irish bars (or pubs, as we like to call them). Over in the UK and Ireland, the vast majority of pubs are owned by retail groups rather than being individual businesses. If you google 'Irish pub franchise' not only will you find an opportunity to open up your own 'authentic' Irish pub, you'll find a large number of companies offering similar franchises. In my San Francisco neighborhood, there are two actual Irish pubs (which have both good and bad aspects; more fun but much worse hangovers), and two fake ones. They look superficially similar: lots of dark wood, lots of old Irish signs and historical photographs hanging on the walls, plenty of Irish booze and loud-ish music several nights a week (real pubs have a jukebox or karaoke; fake ones buy a piano and hire performers). I sometimes go to the nearest fake one because they have decent food. While waiting for the restroom one evening I was passing the time by looking at the many 'historical' photos on the wall, only to notice that on close inspection you can see jpeg artifacts on all of them! My folks in Ireland tell me there's a thriving light industry in making authentic-looking but completely fake old agricultural/domestic tools, like grass scythes and mangles (for washing clothes), all destined for export to the US where they are used to decorate 'traditional' Irish pubs. Edit: on rereading, this sounds as if I spend all my free time at the other pubs, but in fact I'm getting too old for that :)