Top 10 Franchises

If you think all franchises are fast food chains, you might be surprised at the top 10 franchises. While McDonald's might be the most famous franchise in existence, it is certainly not the only type of business that can be successful at expanding through franchising. Look beyond retail and fast food establishments if you want to know what's hot in the world of franchising.

Service businesses are also found in the top 10 franchises. Would you like to own your own travel agency or car wash? Perhaps you want to help parents keep their children safe with identification systems. Or, you could own a senior in-home care business to take care of the elderly.

Of course, the top 10 franchises do include traditional retail businesses. Children's and teens' clothing stores are very popular right now and offer retailers a way to own their own store with a road map to guide them on how to do it correctly. Ice cream and yogurt stores are on the list as well.

Look Beyond the Top 10 Franchises

You don't need to go with the most popular franchises, though. If you have an interest in a particular industry or a passion for something, follow it to the most successful franchises in that industry. You should not start a business in something that you do not love, because you will be spending hours immersed in that very thing. Do something you enjoy and success will follow.