The Top New and Emerging Franchises in 2024
![The Top New and Emerging Franchises in 2024 Main Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_6/images/news/Entrepreneur%20logo.png)
30 Apr 2024
Franchising is full of decades-old brands that have proven themselves — so why would someone consider buying a franchise from a brand-new franchisor instead? There are many reasons: Although newer franchise concepts may come with higher risk, you can usually have more influence over how the brand develops, you may get in at a lower price than future franchisees will, and you have more available territories to choose from. If that sounds appealing, there are plenty of new franchise brands to consider: An estimated 300 companies begin franchising every year, and of the 1,389 franchisors that applied for our 2024 Franchise 500 ranking, nearly 17% had started franchising in the past five years.
More Topics
![Site Logo](/media/userfiles/subsite_182/images/layout/header-logo.png)
![Engaging the Community in Your Tourism Efforts Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_6/images/engaging-the-community-in-your-tourism-efforts.jpg)
Engaging the Community in Your Tourism Efforts
Apr 29 2024![How to Master the Maze of Federal Funding in Manufacturing Site Selection Photo](https://secure-cdn.scdn6.secure.raxcdn.com/media/userfiles/subsite_6/files/FundingMaze%20Area%20Development%20Q2.jpg)