(Newswire.net — February 14, 2021) — Starting a new business is never easy. From securing adequate financing to finding the perfect location, there’s a lot required before your business even opens its doors. With that being said, there are ways to make the entire process easier. Principle among them is opting for a franchise opportunity rather than starting a whole new business.
There are countless benefits to opening a franchise. For one thing, you’ll get to take advantage of an existing brand that is already a known quantity among consumers. You’ll also have access to logistical support from company headquarters, meaning a lot of the biggest questions regarding management will be answered for you. All around, running a franchise is a simpler process than launching a whole new venture.
If you’ve got the money for the initial investment, then it’s time to consider which franchise makes the most sense for you. A number of factors, from your financial capabilities to your location, will contribute to determining which option makes sense for you. Ultimately, however, what will make or break your business is the strength of the franchise you choose. That’s why it’s so important to make the right choice. These five franchises in particular stand to provide the best opportunities in 2021 and beyond.
McDonald’s
If you’re looking for brand recognition, you couldn’t do better than opting for the home of the Big Mac, Ronald McDonald, and the golden arches. McDonald’s has long been the most popular burger joint in the United States, and it doesn’t look likely to lose its throne any time soon. With breakfast options and coffee firmly established on the menu, these restaurants offer people of all ages and occupations a quick bite. The convenience combined with the flavors folks grew up with make McDonald’s the king of the franchise hill.
KFC
Once known as Kentucky Fried Chicken, this popular fast food chain looms almost as large as McDonald’s in the American cultural landscape. Not only does the food at these restaurants taste delicious, but many folks swear it is truly unique. KFC aficionados will spurn similar fried chicken joints just to savor “the Colonel’s” famously mysterious recipes. This type of entrenched support is what makes a KFC franchise such a sound investment.
Burger King
Long a hallmark of the American fast food scene, “BK” is now increasing its international presence. It is also committing to improved drive-thru service, recognizing the future of an automobile-based society. Reports suggest that drive-thrus will even include special lanes for third party delivery drivers, giving BK a leg up on the competition in this new frontier of the restaurant industry. By opening a Burger King franchise, you’ll take advantage of both the whopper’s age-old fame and the company’s thirst for innovation.
7-Eleven
This convenience store chain boasts the single highest number of worldwide units for any franchise. A quick tour of a local 7-Eleven will make it obvious why. Combining convenience store staples with coffee and hot food options, 7-Elevens are the perfect stop-in for busy people who need something while they’re going about their day. In a world where people only get busier, an investment in such a franchise makes a lot of sense.
Domino’s
This titan of the pizza industry has risen from the ashes of crisis to become a reliable and resilient brand. Just twelve short years ago, it looked like Domino’s was on the way out. Now, it has reestablished itself as the dominant player in pizza delivery. Having adjusted remarkably well to the covid-19 pandemic, it looks like Domino’s will continue its positive trajectory in the years ahead.