Looking to start a franchise but have limited time? These options might just work for you.
March 19, 2021
4 min read
Entrepreneur has been ranking the top 500 franchises in America through six different decades now, using a five-pillar system that helps us evaluate the hundreds of entries we receive every year. Those five pillars are:
- Costs and fees, which includes aspects like the franchise fee, total investment and royalty fees.
- Size and growth. For example, how many open and operating units does a franchise have? What is the growth rate, and how often does the franchise experience unit closures?
- Support, focusing on training times, marketing support, operational support, franchisor infrastructure, financing availability and litigation.
- Brand strength. How far does the brand’s name go with your potential customers? What is its social media following, history in business and experience with franchising?
- Financial strength and stability, which centers on the franchisor’s audited financial statements.
These 10 businesses ranked at the top of our list among franchises that can be run part-time from home or through a mobile unit. Check out the slideshow to see if one of them might make sense for your lifestyle.