Whether you’ve just begun researching franchise opportunities, have narrowed your business ownership options down to a select few or are still deciding whether to become your own boss, knowing the characteristics of the best franchises to own both aids your search and will make you feel more confident in your decision to become an entrepreneur.
Over the last few years, the business landscape has shifted drastically—first out of necessity and keeping people safe, and additionally through a focus on convenience. Essential businesses were placed at the forefront, meaning any businesses needed on a daily basis to keep life going were of utmost priority. Now that time has passed and businesses are back to regular operations, though, our viewpoints as consumers have remained focused on that convenience to which we’ve grown accustomed.
Consumers have learned the importance of essential businesses—not only are they necessary to offer the products and services people need, but they have also come to be associated with comfort, familiarity and a sense of community. When businesses were closed during the pandemic, consumers had limited options and adapted their shopping habits accordingly. They found new businesses to frequent, building loyalty and familiarity along the way.
Now in 2022, businesses that are both essential as well as make life easier for consumers, especially franchise brands, are seeing the benefits. Continue reading to learn why The UPS Store continues to be one of the best franchises to own in 2022.
Best Franchises to Own in 2022
There’s a reason why The UPS Store has been ranked #1 in the Entrepreneur Franchise 500’s postal and business services category for over 30 years and remains in the top 5 overall for the sixth consecutive year—it’s an excellent franchise opportunity. For decades, we’ve been consistently recognized and awarded for our world-class training, support and national reputation. In addition to Entrepreneur, we’ve been recognized by Franchise Times, Franchise Direct, Franchise Gator and Franchising.com, among many others through the years.
When you choose to become a retail owner with The UPS Store, you join a vast network of locations who all benefit from international brand recognition. The UPS brand name is synonymous with shipping, and The UPS Store is well known for the numerous services that make consumers’ and business owners’ lives easier—shipping, printing, mailbox services, packing and small business services.
Since customers turn to familiar brands they trust, brand awareness continues to be one of the most significant considerations when choosing a franchise. Because of The UPS Store brand name, customers have a perception and expectation of how their experience will be before they step into the door. They take comfort in knowing their experience will be the same regardless of store location across the country and their needs will be met with superior service.
What to Look for in a Franchise Opportunity
Franchising with The UPS Store offers many benefits. Franchise owners within our network come from all walks of life—becoming business owners as a second career option after they’ve retired from a different profession, expanding upon their business acumen or specialized skill set or simply venturing out on their own to build a future for themselves and their families while serving the community.
You’re already familiar with the basics of what to look for in a franchise opportunity, from completing a thorough due diligence process to determining if the brand’s values align with your own, but what about other considerations?
A major decision when opening a franchise is how you will fund the business. After researching the costs involved in franchising, such as corporate fees, startup costs, staff, training, real estate, royalties and other costs, you’ll have a better idea of how much you’ll need to open your doors. Then, you’ll need to decide where to obtain the funds for your business venture. Evaluating franchise financing options can be a daunting task in itself, but when you choose to franchise with The UPS Store, you’ll have the option of financing support from our partner, Guidant Financial, who knows our franchise business and is experienced in helping our franchise network.
Great franchise opportunities provide support in many forms—from marketing support to corporate support and it’s nice to know that while you’re in business for yourself, you’re not by yourself. The UPS Store invests millions of dollars in national advertisements and marketing campaigns, including TV, digital, print and radio, as well as regional and local advertising campaigns to help your community get to know your new retail location. We also provide turn-key marketing tools and public relations support to help franchisees grow their businesses in the local community.
Franchisees not only have this marketing and corporate support, but they also have the support of the vast franchise network to call on to share experiences, ideas and challenges among peers.
Franchises for Sale
With over 5,000 locations in North America, The UPS Store ranks among the top franchise opportunities available. During your search for franchises for sale, be sure to check our Available Markets page for the latest opportunities in your area. Whether it’s a new retail location or an available store for sale, you’ll find helpful information and be able to learn more about owning a franchise.
You can also contact our franchise development team to discuss the possibility of owning your own retail location and joining the vast network of like-minded The UPS Store owners.