Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Best Franchises and other Franchise topics.
As the economy tumbles and turns at every corner due to a falling dollar, fears of inflation, concerns over the depressed housing market and a host of other potential hazards, investors are searching for alternatives to traditional investment instruments. One frequently overlooked method of wealth creation is the purchase of a global franchise.
Owning your own business has always been one of the most reliable methods of wealth creation in this nation. But with an 80% failure rate during the first five years of business, many would-be entrepreneurs fear failure. That's where buying global franchises makes good financial sense. These top ranked franchises have already earned a reputation as profitable, highly recognized brand names with a proven business model. Of even greater potential interest, these franchises are available for internationally minded entrepreneurs who may be searching for methods of sustaining growth and wealth creation in emerging markets throughout the world.
According to Entrepreneur.com, the Top Ten Global Franchises for 2007 include:
2. Dunkin' Donuts
3. Domino's Pizza LLC
5. UPS Store, The/Mail Boxes Etc.
6. RE/MAX Int'l. Inc.
8. Sonic Drive In Restaurants
9. InterContinental Hotels Group
10. Century 21 Real Estate LLC
Surprisingly, global franchises remain more affordable than you might imagine. Take for instance Subway: The total investment required to purchase the number one Global Franchise for 2007 begins at roughly $75,000! Curves, a top ranked women's fitness center requires a total investment ranging from just over $31,000 to just above $50,000. More than likely, whatever your desired level of investment; Global Franchises are within your reach!
To explore the potential return on your investment dollar, visit entrepreneur.com's top 200 Global Franchise list for a complete overview of available Global Franchises including total investment required, how to request more information and more!
|Jennifer Mathes, Ph.D.|