Owning a business is one of the goals that very many people have set to achieve in their lives. This is because once you have your own business then you will be financially independent and have more time to spend with your family as well. Franchising is undoubtedly a great way to own a business because it allows you to become partner of an established business that has a proven track record. In order for you to b e able to know which are the most profitable franchises to own, it is imperative to understand that there are various factors which affect and determine this. In general, the most profitable will have some characteristics which enable it to earn more money than the rest in the different industries. The recent recession affected very many industries and many companies went out of business as a result which is why it is significant for a potential entrepreneur to venture in franchises that are recession resistant. There are some franchises which have proven to be profitable over a long period of time and these are the ones that one should go for. One of the most profitable franchises to own is the Financial Services because this is an industry that has proven to be one of the most profitable at the present moment. This is owing to the fact that when the economy is experiencing hardships then that is the time that people need financial advice the most. Healthcare Franchises also manage to be among the most profitable franchises to own with the senior care sector being the most lucrative. This is because the baby boomer generation is now entering into the elderly age group and they require more specialized health care now more than ever before. Apart from the elderly, you can also earn a lot of money when you venture into franchises that offer emergency response services to customers as well. The internet franchise is undoubtedly one of the most profitable franchises to own because it is an industry that is steadily expending and growing. One of the main benefits of venturing into the internet franchise is that it allows you to save by cutting down the operational cost to the lowest possible figure. This is mainly owing to the fact that the franchise itself can even be operated from home and this means that expenses incurred when searching for locations are eliminated.