Franchise direct has published its 2013 ranking of the Top 100 Global franchises. Among the top 10 were Subway, No. 1, McDonald's, No. 3, KFC, No. 4, Burger King, No. 5, and Pizza Hut, No. 6.
The only non-QSR in the top six was 7-Eleven, at No. 2.
According to the report, which is now in its fifth year, Subway's ability to evolve with the times is a big reason the brand stays on top. The company was also recognized for interacting with its franchisees through technology.
Many of the brands on this year's top 100 are in the midst of opening a significant number of new units or adding to their offerings, including Auntie Anne's, No. 37, which recently marked its 1,000th U.S. unit. The company opened more than 200 units in 2012, 80 of which were international.
Canada's Tim Hortons and The Pita Pit were two non-U.S.-based brands that made the list, at No. 18 and 87 respectively.
The report highlights some of the latest franchise industry shifts associated with the challenges and triumphs that affect operations, from employment trends to commodities pricing.
Criteria on which the report is based include:
- System size, based on number of units
- Company sales revenue
- Number of years in franchising
- Stability and growth
- Support for prospective and current franchisees
- Environmental policies
- Corporate citizenship
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