Twenty-four out of the top 100 US franchise companies with global operations ranked by the US-based Entrepreneur magazine are present in the Philippines.
Entrepreneur recently released the 38th edition of its widely watched Franchise 500, a ranking of the best US-based companies available for franchising worldwide. Most of these companies have been expanding their reach globally.
Of the top 10 companies, eight can be found in the Philippines. These are 7-Eleven, McDonald’s, Dunkin’ Donuts, The UPS Store, Dairy Queen, Ace Hardware Corp., Wingstop Restaurants and RE/MAX, a real estate dealer.
Other leading US franchise companies with Philippine operations are: Kumon Math and Reading Centers (#11), Taco Bell (#12), Anytime Fitness (#14) and Krispy Kreme Doughnut Corp. (#18).
The Franchise 500 is an annual ranking of America's leading franchising brands by Entrepreneur magazine. The publication generated the list using five main factors, namely, cost and fees, size and growth, support capacity, brand strength and financial strength and stability. A total of 988 companies were considered and vetted in making the rankings.
To see the complete list, please visit the Entrepreneur Franchise 500.
Pauline Macaraeg is Entrepreneur PH's data journalist. Follow her on Twitter @paulinemacaraeg