My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

New in Town

Get geared up for 2004 with today's freshest franchising concepts.
1 min read

This story appears in the December 2003 issue of Entrepreneur. Subscribe »

It's a popular phrase around this time of the year-"out with the old; in with the new." In franchising, it's more like "on with the old; in with the new." While franchising runs on the success of its "old," tried-and-true systems (think McDonald's and KFC), it gets its spark from the up-and-coming businesses seeking to expand into future empires. These new franchises provide prospective entrepreneurs with the ground-floor opportunities that have long evaporated in their more established counterparts.

The following listing provides information on companies that started franchising in the past five years. The listing isn't intended to endorse any specific franchise. Rather, it's a first step in your own research, which should include reading the franchise company's literature (including its Uniform Franchise Offering Circular), calling and visiting existing franchisees, and consulting an attorney and an accountant. To view our listing of new franchises, click here.

6 Years After 'Shark Tank,' This Lobster Roll Food Truck Clawed Its Way Into a Multi-Million Dollar Business