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There are many franchise opportunities available including branded retailers, petrol stations and eateries. There are also many factors that determine what will make it profitable for you including initial outlay, rents, services and other expenses but also the need for the product in the area you would be starting the franchise, so it's very hard to give a definitive answer to your question. To help you, according to Entrepreneur, the top five franchises of 2013 are Supercuts, 7-eleven inc, Jiffy Lube int, Subway and at number one, Hampton hotels.

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Q: What are some profitable franchises?
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When it comes to opening a new business, many look for franchises as a way to shortcut the business start-up time and cut down on failure opportunities. Franchises are often considered a safer investment because they offer a proven record of success. Some of the advantages of franchising include: · Established lower failure rate · Ongoing help with start-up process and beyond · Set buying power · Brand awareness · Franchises are highly profitable On the other hand, as with much other businesses, there are some disadvantages of franchising: · High initial investment · They have set rules · Ongoing cost · Competition


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