7 July 2014, Vancouver, BC – In Canada, franchising is big business with significant growth contributing billions of dollars each year to the economy. Some of the most iconic brands are franchises, and many of them are proud to call Canada home.
BeTheBoss.ca is Canada’s premier franchising portal. It is the top place on the internet to go for information about how franchising works and what’s new in the industry, and visitors can also discover hundreds of current openings. BeTheBoss.ca has now released their list of the Top 50 Canadian Franchises following a lengthy survey, which collected info on all aspects of franchising from existing franchisees in today’s business world. The results show that franchises are a solid and reliable business model, and it will continue to be so moving into the future.
The Canadian franchising industry is worth $100 billion dollars. There are 76,000 Canadian franchise units employing an astounding 1.5 million people. Given these figures it’s clear that this industry plays a huge role in our economic and job market growth.
“I’ve always believed in franchising as a tried and true business model that can perform well in almost any situation,” says Rob Lancit, the president of FranTech Media Inc, the company which operates BeTheBoss.ca. “The results of our survey are a testament to the strength and popularity of this industry.”
Of all the different franchise companies out there, half of them operate in the food sector. This industry has produced many successful businesses that have grown to become international brands. Other major franchise industries are automotive, retail, and coffee. These industries provide products and services that are always in demand, and franchising gives them a business model with unmatched security and potential, so it’s no wonder they have become so successful.
“Many great businesses owe their success to franchising. We want to make it clear that business success is within reach for anyone in this industry with a little hard work, and the right amount of time and money to invest,” says Lancit. “No matter what happens with the job market or the economy, franchises can still thrive and turn a profit.”
54 per cent of the companies in the Top 50 Canadian Franchises made their start in Ontario, but many other provinces such as BC and Quebec have also been the birthplace of numerous successful franchises. Canada is a great place to do business, so no matter where you are there are franchises businesses making their mark and looking for more partners to grow their brand.
Please view the attached infographic to learn more about the Top 50 Canadian Franchises, and be sure to visit BeTheBoss.ca to learn more about the franchise industry in Canada.
President of FranTech Media Inc.
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Canada's TOP 50 Canadian Franchises - An infographic View the PDF Here
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BeTheBoss.ca - Canada's Top 50 Canadian Franchises - An Infographic