Welcome to the Small Business Startup Michigan Franchise Directory! Here, you’ll find everything you need to begin your journey to business ownership in The Great Lakes State. If you’re thinking about starting a small business in Michigan, read on for an overview of the state economy. Afterward, explore business opportunities and franchises for sale with our Michigan Franchise Search Tool.
Welcome to the Small Business Startup Michigan Franchise Directory! Here, you’ll find everything you need to begin your journey to business ownership in The Great Lakes State. If you’re thinking about starting a small business in Michigan, read on for an overview of the state economy. Afterward, explore business opportunities and franchises for sale with our Michigan Franchise Search Tool.
If an industry is performing well, business opportunities within it are often worth exploring. Begin your market research with this list of the Michigan economy's largest industries in 2022. Afterward, take your research one step further by investigating niche markets and B2B opportunities within one of these top revenue-generating industries.
When starting a small business in Michigan, gross domestic product (GDP) is another tool that entrepreneurs can use to make investment decisions. Generally, a steadily rising GDP means that people are spending more money and more jobs are being created.
The three sectors that contributed most to Michigan’s GDP in 2022 were Manufacturing; Real Estate, Rentals & Leasing; and Professional, Scientific & Technical Services. Combined, these three sectors represented 45% of the state’s GDP. In 2022, sectors that contributed most to Michigan’s GDP included:
*Approximately
A growing population often means greater demand and a steady flow of new customers. If you are undecided about the location of your new business, start by investigating population statistics. Afterward, take your research a step further by exploring population demographics. By doing so, you can decide whether a location is a good match for your target market.
In 2022, counties with the highest populations in Michigan included:
*From 2017 to 2022.
We hope this snapshot of the Michigan economy helps as you investigate business opportunities in The Great Lakes State! Starting a small business in Michigan is an exciting journey, and we know you’re probably eager to get started. But remember, take your time to explore all your options. While you’ll always have the “opportunity” to start your own business, sometimes, it makes more sense to invest in an opportunity that already exists. These are called “Franchise Opportunities,” and they offer several benefits, including the recognition of a well-established brand and a proven track record of success.
To learn more, start by exploring franchise opportunities in Michigan, below!
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether youre looking into owning your very first store, or youre interested in adding to your existing franchise portfolio, Batteries Plus is here to help. Learn more about the costs, benefits, and available locations today
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Crave is searching for franchise partners in the U.S. At Crave we offer BBQ, Hot Dogs, Self Pour Beer, Ax Throwing and so much More We are one of the fastest growing Hot Dog franchises, winner of best southern BBQ and expanding rapidly. If you want to own your own business and be your own boss, look no further
Exclusive territory. 1 Industry leader since 2001. 100 financing for U.S. citizens who qualify* plus software package with complete training. 100K 1st year profit potential. National alliances...
American Business Systems has been America's Leader in Medical Billing with Unparalleled Training, and Support for over 25 years. 100k Potential working from anywhere, full-time or part-time. Learn more about this great opportunity
With Mobility Plus, The 1 Mobility Solutions Franchise; you have the opportunity to provide mobility equipment and home access solutions to veterans, seniors, the disabled, and caregivers of your community. With products such as scooters, ramps, and lifts, you are providing solutions to all users to safely navigate their home and independently go where they want to go.
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