If you were to poll prospective franchise owners to ask what they’re looking for in a franchise opportunity, at the top of that list would be the potential for making money. After all, only a lucrative business enables you to reach your financial goals, provide for your family, grow your wealth, plan for the future and gain stability.

So, in searching for a franchise, it’s important to find one that helps you achieve maximum profitability. That means it’s:

• In an industry with high profit margins
• Developed around products that are in-demand
• Built on a model that promotes financial stability

A health and wellness franchise the elements you need to achieve success. Explore the following reasons why franchise buyers are increasingly interested in this option.

If you’re considering buying a franchise, you may be getting a lot of advice on what you should look for in a brand. This is certainly necessary, as your selection of franchise opportunity has a major impact on your ability to achieve success.

But, choosing the right one isn’t just about seeking out a franchise that meets your list of requirements. You must also be able to identify red flags that could hinder your success.

Watch out for the following warning signs of a potentially bad franchise ownership opportunity.

Any career transition in life requires proper due diligence. You wouldn’t take a job without knowing who the boss was, what the job expectations were and whether or not the position was stable. Franchise ownership necessitates just as much research and assessment – and then some.

When you buy a franchise, you’re making a commitment of time and money – two commodities that you aren’t apt to take lightly. While it’s important to value the product or service you’re selling, you also need to like the franchise partnership as a whole and be comfortable with the prospect of being your own boss.

Before you invest in a franchise, ask these three important questions to think more critically about whether you’re choosing the right one.

When making the decision to become a franchise owner, there are few things more important to consider than the relationship with your franchisor.

Let’s be honest, choosing the right franchise is about a lot more than simply finding a product you’re interested in or selecting an investment that fits your budget. The franchise relationship with your corporate partner could make or break your franchise experience and affect the success you hope to achieve.

With a supportive partner, you benefit immensely from the tools and knowledge they bring to the table. Use the following characteristics as a basis for identifying a truly beneficial franchise relationship.

When making any big decision in life, you must have a complete understanding of what you’re jumping into. Maybe you’ve heard about the benefits of franchise ownership and think you’re ready to make an investment. Don’t get ahead of yourself!

While franchise ownership is an exciting opportunity, there are some critical aspects for you to evaluate before making the move.

Today, it seems like there’s a new gym on every corner. Maybe you’ve noticed a rise in health food stores in your area. There’s always a new healthy diet fad that everyone is trying. Health and wellness is a popular interest right now, but is it the ideal investment opportunity, too?

As a franchise owner, choosing the best investment option is an important decision. Given the wide array of options available in nearly every industry, selecting the right franchise opportunity is vital to your success.

So, what makes health and wellness the ideal industry to dive into?

Successful franchises help many people achieve their version of the American dream:

You invest in an idea that you believe in and take charge of your career path. You build something profitable based on what you know works. You see quick economic growth after putting in hard work.

In fact, independently owned franchises are growing faster than other businesses. They are creating more jobs and producing more sales.

2015 is one in a succession of promising years for people interested in buying a franchise. Statistics show that franchise opportunities are a driving force of economic expansion.

If you have lost a corporate job, have been the victim of downsizing or are currently underemployed, it’s important to know that the corporate lifestyle is not your only option. Franchise opportunities are on the rise for corporate refugees.

One of the key questions facing this group of people is whether it’s better to have a job or to buy a franchise. After all, there are pros and cons to each option.

In 2015, for example, the unemployment rate fell in every state for the first time in 30 years. These lower unemployment rates have given way to numerous job opportunities.

On the other hand, the typical nine-to-five corporate gig is not for everyone. Many people seek more of a work-life balance and greater control over their careers. If you fall under this category, it may be time to change direction.

If you’re considering starting a second career, you may be looking for an avenue that offers both greater income and a work-life balance. Fortunately, franchise opportunities satisfy both of these needs.

Many second-career seekers are interested in franchising because it is a lifestyle business. Setting your own hours and determining your own path to success make franchising an attractive option.

So, with the mounting interest in franchises, how do you find the best one for you – before someone else does?

Approximately 30,000 people are laid off from U.S. companies each month. A large number are also reaching retirement age.

It has even become common – amid a struggling economy – for employees to receive pay cuts of between 5 and 50 percent. If you are affected by a loss like this and bringing in less income, you may feel forced to dip into savings or retirement funds.

For many, franchising is the only second career option that brings both income and a work-life balance. Learn more about why a franchise opportunity may be your best next step.