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True/False: Entrepreneur magazine ranks franchises. Among the factors that the magazine uses in its rankings are growth rate, number of locations, start-up costs, and financial stability. A recent ranking listed the top 20 U.S. franchises and the number of locations as follows.

Answer :

Entrepreneur magazine recently ranked the top 20 franchises in the United States, considering several factors such as growth rate.

Which are the top most franchises ?

Start-up costs, number of locations, and financial stability. The number of locations was a key factor in the rankings, indicating the expansion and success of the franchises.

The top 20 franchises listed by Entrepreneur magazine in terms of number of locations were:

Subway - 23,801

McDonald's - 13,846

7-Eleven - 9,399

Dunkin' - 9,630

Pizza Hut - 7,416

Domino's Pizza - 6,603

KFC - 4,049

Taco Bell - 7,487

Sonic Drive-In - 3,645

UPS Store - 5,327

Circle K - 7,597

The Home Depot - 2,296

Burger King - 7,411

Wendy's - 5,872

Ace Hardware - 4,405

Great Clips - 4,484

Jersey Mike's Subs - 2,503

Chick-fil-A - 2,600

GNC - 3,484

RE/MAX LLC - 8,059

The rankings demonstrate the dominance of well-known fast-food chains such as Subway, McDonald's, Dunkin', and Pizza Hut. Other popular franchises, including UPS Store, Ace Hardware, and Great Clips, also made the list .

Learn more about financial stability here

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