Every aspiring entrepreneur should consider five areas if he wants to succeed in a franchising business.  He will need to look at the initial capital, profitability, demand for service or product, knowledge of the business, and leadership skills.  Establishing and maintaining strength in all these areas will guarantee success for your franchise venture.  But how to pick the right venue or the right franchise may still be a bit of problem especially if you see the market with a lot of franchise opportunities.

The Street provides reports on financial news, stock markets, and quotes and analysis of what’s happening on the stock market scene. It has recently come up with a list of names that offer good franchise opportunities to help entrepreneurs make up their minds if they want to buy a business.

• Jersey Mike’s Subs has more than 500 stores across the country and it’s still growing.  Its famous lunch menus have consistently drawn patrons to its restaurants and giving it a solid name in the food business sector.
• BrightStar Care provides medical services including child care, elder care, and in-home adult care.  This is one good industry to invest in because a lot of baby boomers are expected to reach retirement age.  The aging population will cause expansion of the healthcare system which will bring stronger demand for this type of franchise.
• The Dwyer Group is at the top of the franchising chain of businesses.  It is the head company of eight other brands like Mr. Rooter, Portland Glass, and Glass Doctor.  CEO Dina Dwyer-Owens said that she attributes their success to their ability to expand without increasing overhead in their personnel.
• Fastsigns is a business that focuses on making signs, digital prints, decals, and other custom solutions for several business companies.  Currently it has 530 businesses locally and abroad. They have acquired the highest franchisee scores when it comes to satisfaction.  The demand for their type of business is considered “very hot” and is expected to be around for a long period of time.

There are more choices out there but more importantly when you consider to buy a business you should gauge the strength of its management.  It shouldn’t just fall on the shoulders of two people.  President of Franchise Update Media Group, Steve Olson, said in an interview that before entrepreneurs choose a franchise they must analyze their own capabilities, strengths, and management styles because whether they acknowledge it at the beginning or not these factors will have an impact to their business in the long run.  There should be a never ending willingness to learn and a strong commitment to succeed.