Joel Libava
Top Franchise Lists
There are:
Top 50 franchise lists.
Top 100 franchise lists.
Top 500 franchise lists.
Even lists of the top 10 franchises.
My point: There are certainly lots of lists these days.
It can be hard to figure out what’s what with some of them.
Are Franchise Lists Important?
Yes and no.
Yes, because they can serve as a good starting point if you’re at the beginning of your franchise opportunity search.
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No, because not all of them will be a fit for you-and what your vision of a franchise of your own may be.
Does that make sense?
There’s one more thing franchise lists are good for:
Discussions.
Even arguments…although they tend to happen between people in the franchise and small business community.
Like, “Why is ______ in the top 10 again this year?”
Or
“Why wasn’t _____________ in the top 5 this year.”
Franchise Lists From Other Countries
I like seeing what types of franchises are doing well-or that are at least placing in the top 10 or so of franchises in other countries. It’s rather entertaining, especially with some of the names of the franchise concepts from other areas of the world.
The latest list is from a country with lots of bears and lots of great fishing in their very clear lakes.
And, it’s a good list.
(Thank you Robert)
The Top 50 Franchises From Another Country
That country: Canada.
From a press release:
“BeTheBoss.ca is Canada’s premier franchising portal. It is the top place on the internet to go for information about how franchising works and what’s new in the industry, and visitors can also discover hundreds of current openings. BeTheBoss.ca has now released their list of the Top 50 Canadian Franchises following a lengthy survey, which collected info on all aspects of franchising from existing franchises in today’s business world. The results show that franchises are a solid and reliable business model, and it will continue to be so moving into the future.”
Franchising is a large industry in Canada. It really impacts the economy. I know, because I have friends up there who are involved in the franchising sector.
Here’s the list of the Top 50 Franchises in Canada.
And, here’s a great top 50 franchise infographic with stats and more.
Canada’s TOP 50 Canadian Franchises – An infographic Canada’s Top 50 Canadian Franchises Infographic
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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