08 Sep, 2017

Best New Franchises 2011

Best new franchises 2011 Franchise ownership is still perhaps the easiest way of starting a business, especially when most people have very limited experience, knowledge, and wisdom about planning, building, and operating a business from scratch. Making a business plan alone can be very difficult, especially if you're a business in a relatively new industry. With franchise opportunities, you have the opportunity to start a business that has already established itself not only with its target consumers and market sectors, but also in the operation and system of their business model. The top 5 best new franchises 2011 opportunity had to offer exemplified the very ideals why franchising is a very feasible option for potential business owners. According to Entrepreneur.com, a leading authority in the American and global industry landscape, the top 5 best new franchises 2011 have many opportunities involved franchises that dealt with food and services. Most of them were included in the top 5 franchise opportunities in the previous year with only one company breaking in to the top 5. Here are the top 5 best new franchises 2011 opportunities At number 5 is Supercuts, retaining its position from the previous year. Founded in 1975, this hair salon franchise opportunity has well over 2,000 franchises spread all over the country. It is known for their high quality services for low and affordable prices. Fourth place belongs to the globally known convenience store franchise name 7-11. Doting cities around the world, the 7-11 franchise has more than 40,000 stores in most major cities and the number is still growing. This price estimate can grow to six figures depending on the location of the store. McDonald's is still one of the top three best new franchises 2011 opportunities for businessmen to consider. Its internationally well-known brand and solid business model is a big boost for first time business owners. The United States alone has almost 12,500 McDonald's restaurants, and growing. To become an owner of this franchise can cost you anywhere from a million to two million dollars. Coming in strongly at second, moving impressively from the tenth spot the previous year is the convenience store combination-gas station company AMPM. Famous for their wide selection of hot and cold snacks and beverages, becoming a proud AMPM franchise owner can set you back with costs as low as 1.8 million to around 7 million dollars. Reigning as number 1 in the top 5 franchise opportunities of 2011 is the mid-priced Hampton Hotels. Acquired in 1999 by Hilton Worldwide, the Hampton Hotels franchise moved from the fifth place to number 1 as its locations have reached almost 1,900 worldwide.