Ranking of Franchise Systems
If you are thinking about opening a franchise, you may be interested in the Franchise 500 rankings. These are great ways to learn about what is going on in the franchise industry. However, be aware that the rankings are just a snapshot of a company. There are other things to consider before you make your final decision. 프랜차이즈순위
The annual ranking of the top franchise systems in the U.S. is published by Entrepreneur magazine. During the last year, the top 200 franchisors grew combined sales by $30 billion.
To create the ranking, Entrepreneur evaluated over 1,000 national franchise brands. They evaluated them against a series of criteria, including brand power, financial strength, growth, stability, and support. Each brand is evaluated against a series of 150 data points.
Using this methodology, FRANdata developed a rating system for the franchise industry. It measures the ability of a franchise brand to provide support to its franchisees. This support is based on three basic factors: balance sheet ratios, recurring revenue self-sufficiency, and the ability to provide initial and continued support.
For instance, a #1 ranking in a category indicates that a franchise brand is better than all the other franchises in that category. Some rankings, like the Franchise Times Top 200+, also list rankings by unit count.
Other ranking systems only rank franchise systems over a certain size.
Although a higher-ranked franchise is generally a better choice, smaller-scaled franchise systems present their risks. Also, it is not always possible to know how a franchise system will perform in the future.
The Franchise Times Top 400 is the most comprehensive ranking of franchise systems in the U.S. It is based on five months of research and includes systemwide sales data. Moreover, it is the most credible and objective ranking available.
Entrepreneur’s 43rd annual Franchise 500(r) listing provides an easy-to-use research tool that helps you analyze franchise opportunities by category. You can search by name, region, or category and see what is on the market right now. 창업
The magazine also recognized the best companies in ten categories.
One of those categories was “Best Buy” in franchising. The magazine’s survey included Paul Davis, a North American restoration franchise that was named Best Buy. Another franchise was Soccer Shots, an auto appearance service provider that ranked in the top 10 for the first time.
When you are looking for a franchise opportunity, you’ll want to make sure you choose a brand that’s been around for a while. This means that the Franchisor has been in business for at least ten years. Moreover, if the franchise has only been around in the United States, it might not be a strong contender in the international market.
As with most competitive industries, there are a variety of factors to consider when researching a franchise. While the Franchise 500 rankings can provide useful information, they shouldn’t be your final source of choice. A good source of information should be unbiased and include both internal and external factors.