If you are looking to set up your own small business and join the many thousands of Australian entrepreneurs, we recommend taking on a franchise. Setting up a business is a challenging project and success is never a given; every sector is very competitive and only the best survive; if you are interested in taking out a franchise, here are some of the sectors that are popular.

• Food & beverage – Whether fast food or a Thai street food franchise, a food & beverage franchise offers many benefits; there will always be a market for delicious food and drink and with a trusted brand in your corner, the only way is up. The parent company provides comprehensive support and you follow a winning business model that will take you to success.

• Auto care – Why not take out a car wash & detail franchise? If you are seriously into cars, this could be the perfect enterprise for you. A trusted brand ensures that you are busy from the outset and the parent company has many years of hands-on experience in building up franchises in new locations.

• Home improvements – It might be kitchen renovations, loft conversions or even roofing; if you are a skilled tradesman who is looking to set up a small business, reap the rewards that come with a franchise. When homeowners are looking for a contractor, they tend to choose a name they know and trust, which is why you should join forces with an established brand.

• HVAC installation & servicing – Climate control is essential here in Australia and there are numerous household names that offer franchise opportunities. You undergo product training and have a winning business model to follow, while the parent company are with you every step of the way.

• Fitness centre – Ride the global wave for fitness by opening a franchise gym or fitness centre; you might have to complete a course that certifies you to be a personal trainer. You can offer a wide range of services, such as MMA, Muay Thai and boxing, with general fitness classes. Some also offer yoga courses, which are becoming popular. Click here to learn why group thinking is important in business.

• Auto tyres/exhausts - As long as cars are on the road, tyres will be in high demand and exhausts typically have to be replaced every 5-7 years. If you are into cars, this could be the perfect opportunity and something you know about. Good service leads to regular customers and a secure business that services your local community.

• Office/house cleaning – There are a few nationwide cleaning companies that offer franchise opportunities; you may have to relocate and start a new branch in another state; location is obviously critical with any service-based business.

Just because your path is mapped out, it doesn’t mean you’ll have an easy ride; there will be obstacles to overcome; however, you have the ongoing support of the parent company and if you apply yourself 100% to the task at hand, success awaits!