Franchise Direct has again pooled its extensive knowledge of global franchising to assess the world’s best franchises. We’re delighted to announce the publication of this year’s Top 100 Global Franchises.
According to the second annual list of the Top 100 Global Franchises, international franchising has gotten both more profitable and diverse in the last 12 months.
Here are the Top 10 Global Franchises for this year:
- Burger King
- InterContental Hotels
- Pizza Hut
- Snap-on Tools
- Taco Bell
- Ramada Worldwide
Generally-speaking, food franchises continue to dominate the Franchise Direct rankings. At a moment of economic difficulty in America, the emergence of new foreign markets, particularly in China and India, has allowed to food franchises to consolidate their business. These franchises are not purely profit-driven and we’ve seen franchises like McDonald’s take great strides in implementing eco-friendly solutions in their stores.
Health franchises are a sector that have enjoyed particularly fast growth, and Snap Fitness, a fitness franchise, and GNC, a franchised health retailer, have cemented their global standing in the past year. It’s also exciting that two franchises owned by women – Merle Norman and Jazzercise – maintain their place in our rankings.
More and more foreign companies are franchising their businesses and two new non-American franchises have joined this year’s Top 100. Canada’s Yogen Früz and Germany’s TeaGschwendner have made the list, bringing the number of non-American franchises in the Top 100 to 15. The UK’s InterContinental Hotels continues to be the top-ranked non-American franchise, coming in sixth place overall.
Economic projections by the likes of the International Franchising Association predict that 2010 will be a more profitable year both domestically and internationally for the world’s top franchise brands. As the so-called ‘global village’ gets smaller and smaller, expect well-known franchises to expand even further into economies all around the world. Franchise Direct will certainly be there monitoring the market to evaluate the best-performing international franchises.