IRVINE, Calif.—Entrepreneur magazine released results of its 31st annual Franchise 500. Subway topped the list for the ninth time in 10 years. Rounding out the top five were McDonald's, 7-Eleven, Hampton Inn and Supercuts.
A total of 21 sandwich shops made the list this year and, overall, the top-performing franchises were those that didn’t cost a lot to set up and/or catered to budget-minded consumers.
"What we've been recognizing for some time is now getting widespread recognition: that the recession is adding momentum to the pursuit of entrepreneurship and self-employment. For the growing numbers seeking business ownership opportunities, franchising can offer advantages like having established products or services; marketing, start-up and management assistance; proven systems and business models; and brand name recognition," said Amy Cosper, vice president and editor-in-chief at Entrepreneur.
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