What are some of the best franchises to invest in? | Be The Boss

What are some of the best franchises to invest in?

When you are planning to invest your money in a franchise, you're taking a risk. Even with the right research and effort on your part, you could run into problems making your new business a success. Reduce your risk from the start by trying one of the best franchises to invest in, based on their business growth potential and current market viability.

Blimpie, the sub making food chain, currently has more than 700 locations all over the world. The brand recognition alone makes Blimpie one of the best franchises in the US to invest in. Blimpie provides franchise participants with training and ongoing support and offers reduced franchise fees on new locations.

Batteries Plus, which opened its first location back in 1988, supplies businesses and consumers with batteries and light bulbs. With over 500 locations across more than 40 states, Batteries Plus is growing rapidly. The franchise had a 15.8 percent increase in net sales across all stores over the last year and has opened 160 new stores over the last three years.

Sylvan Learning is a supplemental education services provider with more than 800 locations globally. A new franchise owner will receive support from Sylvan and work with the local school system to identify the services the children need. Sylvan has been serving children for more than 30 years, with over two million students helped by the service.

Bricks 4 Kidz is a unique business model. Using Lego® blocks, the Bricks 4 Kidz staff teach children from the ages of three to twelve the principles of engineering. Initial support for new owners includes how to network and get contracts with local schools and analysis of the franchise territory. Training and ongoing field support is also provided by Bricks 4 Kidz.

Subway, the restaurant chain with the most locations in the quick service food industry, is a highly recognizable and strong public brand. New franchisees receive support and guidance with store openings, product selection and store design. Subway also provides franchisees with training. Currently, there are over 36,000 Subway locations worldwide, with an average of 70 percent of new franchises purchased by existing owners.

At the end of the day, the best franchise to invest in is the one that you are passionate about. No matter how much money a franchise makes you, if you wake up in the morning dreading going to work, then you won't be happy. My recommendation is to take time to explore all your options and find the franchise best fit for you!