Franchise Article Author: The Franchise Guide
Today franchise chains are growing all over the world. The reason that franchising has grown so large is the fact that franchises can be a good place to begin your entrepreneurial career. If you want to greatly improve your chances of success then buy a franchise resale. Take advantage of one that is already established and successful. This way, you combine the best of both worlds: a franchise concept and the track record of an existing business. There are many franchise chains that have proved to be best options for entrepreneurs of current times.
One of the largest franchise chains worldwide is Mc Donald. McDonald's restaurants are found in 120 countries and territories around the world and serve nearly 54 million customers each day. Mc Donald is one of the most successful franchise chains in the world The Company also operates other restaurant brands, such as Aroma Cafe and Boston Market, and has a minority stake in Pret a Manger. The McDonald's Corporation's business model is slightly different from that of most other fast food chains. In addition to ordinary franchise fees, supplies, and percentage of sales, McDonalds also collects rent, partially linked to sales. As a condition of the franchise agreement, the Corporation owns the properties on which most McDonalds franchises are located
7-Eleven, Inc, founded in 1927 in Dallas, Texas, is the world's largest operator, franchiser and licensor of convenience stores with more than 25,000 units worldwide and one of the largest chains of franchises.7-Eleven provides an opportunity for people with retail and management experience to operate their own convenience store with the leading name in the business. If you are a goal oriented individual who wants to grow with a well established retailer, 7-Eleven franchise is a good option.7-Eleven Franchisees are independent contractors and 7-Eleven's relationship with them is multi faceted. The company is not only a franchiser, but also serves as landlord, financing source, business advisor and record keeper to the franchisee.
Quiznos Sub (formerly Quizno's Subs) is a fast food sandwich chain that specializes in toasted submarine sandwiches. As of 2005, it has become the second largest submarine sandwich franchise chain in North America. There are over 4,000 franchises of Quiznos Sub located in the United States, over 300 in Canada, and 100 more scattered in 13 other countries including the United Kingdom, Ireland, Iceland, Cayman Islands, Japan, Puerto Rico, Turkey, Guam and Panama. In 2002, Wendy's Supa Sundaes acquired the rights to the brand for franchises in Australia (and later, New Zealand). Entrepreneur Magazine rated Quiznos Sub as number 2 Best Overall Franchise in January 2006.
Jackson Hewitt Tax Service provides full service to tax payers. Jackson Hewitt tax service specializes in computerized federal and state preparation of individual returns. It is a franchise chain that serves the taxpayers by proving individual federal and state income tax preparation and facilitates related financial products. This franchise is a good option for prospective franchisees that want to own a low cost franchise. This franchise chain is proving to be a lucrative option to many individuals.
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