Franchising appeals to many entrepreneurial-minded people. Not only are franchise opportunities seen as more risk-free than starting a business from scratch, but building on an already successful brand comes with many benefits.
Here is a list of the top franchise businesses by the number of units:
|Number of units
Each year, Entrepreneur Magazine publishes a “Best of the Best” list of franchises that are determined by Entrepreneur’s annual Franchise 500 ranking. This ranking takes quantifiable measures of the franchise’s success such as system size, growth and financial strength into consideration.
While these metrics can all be used when deciding what type of franchise you want to invest in, you will also need to consider other aspects that are quite unique to your personal situation. For example, there’s no point investing in a fast food restaurant if you have absolutely no interest in the industry. You should also consider the following:
- What is the level of involvement you want in the business,
- What does the future of the industry look like, and
- What is your specific level of knowledge about the sector.
WSI is an internationally leading digital marketing franchise. What makes a digital marketing franchise like this such a great option is that you can focus on the aspects of digital marketing that interest you, while the other needs, such as web development, content creation or graphic design, can be outsourced to a company like Unibit Solutions. To find out more about how we support digital marketing franchises, contact us today.