Monday, July 14, 2014

Non Food Concepts DOMINATE Franchise 500

Entrepreneur Magazine just released its Franchise 500 rankings, which attempts to show you the top 500 franchises (regardless of size) based on objective, quantifiable measures of a franchise operation.  For more details how the ratings are determined, please visit

Let’s take a look at the Top 25 in this list, based on CATEGORY – not the franchise itself.  You’ll notice I’m not mentioning any specific company’s name, just the category.

1. Fitness
2. Hotels
3. Fast Food
4. Personal Care
5. Fast Food
6. Convenience Stores
7. Disaster Restoration
8. Casual Dining
9. Casual Dining
10.  Fast Food
11.  Fast Food
12.  Commercial Cleaning
13.  Hotels
14.  Fast Food
15.  Tax Preparation
16.  Fast Food
17.   Rent-to-Own
18.   Supplemental Education
19.   Travel Agents
20.   Fast Food
21.   Tax Preparation
22.   Postal and Business Services
23.   Commercial Cleaning
24.   Professional Tools
25.   Auto Repair

Out of the top 25 – only 7 are Fast Food franchises and 2 are casual dining franchises.  If you look at the next 25 – an additional 7 have food operations (2 of them being in the ice cream business).

So, if you are thinking of starting your own business – think franchising!  It’s more than just fast food or dinner chains.  There is a bit of everything!

And if you want to learn more about franchising, I have two FREE events coming for you ---

1)  SEMINAR:  Business Ownership Options - Tuesday, July 15Learn franchising basics, including the array of categories and investment levels available (starting at around $50K), and how to go about defining your own personal vision, matching that up with viable choices, and conducting proper due diligence to make sure your selecting the RIGHT fit for YOU!MORE INFO          RSVP

2)   WEBINAR:  Semi-Absentee Opportunity in the Health & Wellness Sector - Wednesday, July 16The featured franchise comes from one of the fastest-growing industries in the country. This is a great opportunity to join the second largest concept in its industry where you’ll find a business that has seen rapid revenue growth at more than 20% in franchises open more than a year. Repeat and referral business will drive your growth, and residual revenue will bring cash flow at the beginning of each month.

You can always contact me at 616-891-1374 or if you have any questions or would like to talk more about starting your own business.

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