Canadian Franchise Association Identifies Hot Sector Trends In Franchising For 2009

Franchise Wire:

A recent analysis of emerging trends in franchising by the Canadian Franchise Association (CFA) provides a taste of what makes Canadians happy. We want to look great and be fit, don’t mind taking advice when it comes to running a business, still enjoy catching a meal on the fly and we’re not planning on giving up our coffee and doughnut habit anytime soon.

Published in an article entitled “Trendsetters” in the January/February 2009 issue of FranchiseCanada magazine, this analysis compares the growth of franchise listings in the FranchiseCanada Directory from 2008 to 2009. The article highlights these emerging franchising trends:

Beauty/Cosmetics/Supplies
The staples of the beauty and cosmetic supply industry increased 44% and, even in today’s economy, people don’t seem ready to give up these personal beauty care necessities.

Business Consultants/Services/Training
With a large number of Canadians going into business for themselves, business consultants and coaches are flourishing too and this category also expanded by 44%.

Baked Goods/Coffee/Doughnuts
It’s a part of many people’s daily routine: grabbing a coffee and treat on the way to work or school. With a 28% increase in this sector, many brands are diversifying their food and beverage menus and offering a comfortable place to unwind.

Health/Fitness/Nutrition
An increase in Canadians’ focus on health and wellness has created a 21% jump in this category. This includes 24-hour gyms, bootcamp-style programs, weight loss and nutritional guidance and more.

Continue reading.