There are many profitable franchise opportunities throughout the United States, according to My Franchise Center, an online source of franchise information and assistance. The team at My Franchise Center wants the public know that there are at least 500 business franchise operations that have been quantifiably measured as the best. Entrepreneur Magazine recently published their 2008 Franchise 500 List, which names the best franchise opportunities in the U.S.
The top ten business franchise opportunities from the 2008 Franchise 500 are 7-Eleven Inc., Subway, Dunkin’ Donuts, Pizza Hut, McDonald’s, Sonic Drive In Restaurants, KFC Corp., InterContinental Hotels Group, Domino’s Pizza LLC and RE/MAX Int’l. Inc. Before a franchise opportunity can be listed in the Franchise 500, Entrepreneur considers factors such as financial strength and stability, growth rate and size of the system. They also consider the number of years as a business franchise, startup costs, litigation, percentage of terminations, and whether the company provides financing. The financial data is audited by an independent CPA and the 500 business franchise operations with the highest cumulative scores become the Franchise 500.
A reputable franchise opportunity makes all the difference in the world when investing in a business for the first time. With a name such as McDonalds or 7-Eleven, investors are more likely to find success in any given market that they set up a business franchise in. Other names on the 2008 Franchise 500 include Circle K, Denny’s, Merry Maids, Howard Johnson Intl., Bruegger’s, Andy OnCall, Outdoor Connection, and SellSmart Real Estate. With franchise information and advice from My Franchise Center, investors have a good chance of building any of these brands into a profitable business.
logo from My Franchise Center.
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