small business

Fun Fact Friday - VENDING!

Did you know that the first modern vending machine was invented in the early 1880s and dispensed postcards? Today, these machines have evolved into advanced self-service retail platforms.

  1. Some vending machines are equipped with artificial intelligence and facial recognition technology, allowing personalized recommendations based on customer preferences.

  2. Vending machine franchises offer a convenient business model with the potential for passive income. Imagine making money while people satisfy their cravings 24/7!

  3. Healthy beverage and snack vending machines have gained popularity in recent years, providing nutrition to promote wellness on the go. "

  4. Vending machines can be found in unexpected locations like airports, gyms, schools, medical facilities, and even luxury hotels, catering to diverse customer needs.

With the rise of cashless payment options and touchless technology, vending machine franchises are at the forefront of providing safe and seamless transactions.

This Week’s Franchise Theme - Real Estate

Real estate investors are having a challenge with finding houses to buy for either rental income or to flip.  We all know the supply of available properties is quite low. In addition, the rising interest rates make real estate investment less attractive.

With many investors not keen on the stock market now, there is even more investment money than usual looking to purchase a good piece of real estate. This too is driving the acquisition costs up which lowers the potential return on investment (ROI). 

In franchising, there are still very good real estate options with open territory.  This includes co-working spaces, daycare centers, modular homes, senior living communities, and preschools. To learn more about real estate franchises , connect with me on LinkedIn and send a message with how to contact you..  

Select Franchises’ blogs, e-newsletter, and live Franchise Minute event focused on real estate franchises this week. Register for next Wednesday’s Franchise Minute on vending using the link in the first comment below.

KISS A SMALL BUSINESS OWNER DAY?

Today we celebrate Small Businesses as a nation. My message for you is this:

Small Business Isn’t SMALL!

It continues to be the backbone of our economy. This will not change.  Entrepreneurship is an integral part of what makes America the greatest country on earth and in the history of the world.

People across the globe long to be here. Why? For the opportunity and the freedom to LIVE THE AMERICAN DREAM! Franchises are a key factor in helping people become successful business owners. They empower people to live their dreams.

If you feel so moved, kiss a small business owner today!