Franchise businesses are big in Canada. Canada is second largest country in the world with almost 1300 franchise brands operating 76,000 outlets thoughout the country. Around 4300 new franchise outlets open in Canada every year and 45% of all the retail sales are generated from franchised businesses.

So, if it is your new year’s resolution to start and run your own business, you may consider walking down the path of franchising. Being a franchise owner, you will be the boss of your own business with full support of an established system.

Franchising opportunities are available for everyone with the business acumen and enough capital to start a new project. But there is a wide range of categories which make it overwhelming when trying to decide which franchise will suit your needs, interests and skills.

Here is a list of four top franchises in Canada:

1. Real estate
Real estate remains one of the top sectors in Canada. Canadians not only buy and sell homes, but also look for different real estate options from time to time. There are number of real estate franchises in Canada which are working to connect the clients with the perfectly matching properties.
PropertyGuys.com has taken a unique approach of connecting the buyers and sellers and avoiding the high cost of commission. They have more than 110 franchises in different locations in Canada.
RE/Max is a recognized name in the real estate sector in Canada. It has nearly 7000 total units in Canada and USA.

2. Cleaning and maintenance
As lives become busier, more Canadians are depending on cleaning and maintenance services for their homes and commercial spaces. Services like painting, lawn care and moving cleaning are becoming increasingly popular. Brands such as Molly Maid, the largest Canadian cleaning company, has expanded across Canada. Now, the brand offers specialized cleaning services in USA, UK, Japan and Portugal. Jan-Pro has become the global leader in commercial cleaning. The company which started its business in USA in 1991, expanded to Canada in 1995. Canada is the franchise’s most successful international market.

3. Food
In the restaurant sector, 35% of all sales are from franchise operations. There are different opportunities available in this category. New concepts and wide varieties of food franchising are coming up every year to meet the diverse tastes of Canadians. Tim Hortons, a fast food restaurant renowned for coffee and doughnuts, has 3665 units in Canada. Subway, the largest franchise restaurant in the world, has 3200 units in Canada.

4. Children’s products and services
As more and more parents want their child to get out and play to learn important life skills, new franchises emerge to meet these increasing requirements. Funtopia is an example of such a franchise. Here, fun and fitness combine in interactive playgrounds. Both the children and adults can get a workout climbing, caving, gliding and learning rope courses. Not just physical, the entire program includes an educational component to improve learning skills.

There are several other franchise opportunities in Canada in many other different sectors that you may consider like accommodation (Airbnb), retail (Amazon), transport (Uber) or entertainment (Netflix). A franchise will not necessarily be right for you just because the category is experiencing growth or it is renowned brand. You must always consult a professional to decide the best franchise to buy.

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