Looking for the most profitable franchises to buy in 2016? Good, you’ve come to the right place as we are going to take a look at the best investment opportunities in the current year. This year’s list of best franchises to invest in is very similar to our previous list of 15 most profitable franchises to buy in 2015, nevertheless, there are changes in the rankings. Since most of these franchises have been among the most successful ones in the previous years too, it is only natural to assume that the quality is the most important factor in any business. And small changes in the rankings only represent how the market needs switch a little bit, but never completely change. Hence, picking some renowned franchise from our list for your investment should probably turn to be a smart choice.
If you are still wondering about franchising, instead of conducting your own small private business, think again. Although starting a business from scratch sounds tempting and challenging, and it would bring you more satisfaction upon achieving success, the chances are that by franchising, you would have faster success and fewer risks, because of already affirmed brands. But, that doesn’t mean that investing in a successful franchise guarantees a serious money return and success. When it comes to business plans, you can never really tell what will happen and will you have luck on your side, but you can always calculate bigger and smaller risks.
In order to find out which are the most profitable franchise to buy in 2016, we have, once again, relied upon Entrepreneur’s recommendations, and decided to also include a ranking of each franchise from last year so that you can more easily be aware of the changes. Further, we’ve provided you with the estimated info on startup costs for every franchise on our list below. Without further ado, let’s take a look at good investment opportunities in 2016 for those who can afford it!