Franchising opportunities are some of the most efficient ways to start a new business and increase your revenue streams. The cost and effort associated with beginning a completely new concept from scratch, building a brand, and penetrating the market with a fresh idea or product can be significantly overwhelming in today’s marketplace. When you take advantage of a franchise opportunity, you can capitalize on the company’s pre-established brand awareness, marketing, and gain valuable support from the franchisor. Here, we will discuss some of the most well-known franchises in the market and which ones are the most profitable. Fast Food The business model for established fast-food brands has been tried and proven to be among the most effective models in the marketplace for several decades. And when you think about fast food, it is impossible to not think about McDonald’s. McDonald’s is an international fast-food chain, and currently has over 38,000 locations selling a combined average of 10 orders per second. With an initial investment requirement weighing in between $1 million to $2.2 million, and each franchise earning an average annual profit of $150,000, the McDonald’s franchise is an absolute powerhouse and currently ranks as one of the world’s largest and…