FranNet, an industry-leading franchise consulting firm, recently announced its placement on Entrepreneur magazine’s 37th Annual Franchise 500®
ranking. Recognizing the top 500 franchise brands in the industry, the ranking is determined by a franchise’s financial strength, stability, growth
rate and size of the system, as well as several other objective measurements.
According to the news release by FranNet, "this accolade comes just months after FranNet’s sixth consecutive placement on the Inc. 5000 list, which ranks the country’s top 5,000 fastest-growing private companies".
Entrepreneur’s 37th Annual Franchise 500® was based on financial and statistical data from July 2013 through July 2015. To qualify, a franchisor must be seeking new franchisees and have a minimum of 10 units, with at least one of those units located in the U.S. Company rankings are determined by an exclusive Franchise 500® formula which takes into account objective and quantifiable data. Each eligible company receives a cumulative score, and the top 500 companies are then ranked accordingly to create the final list.
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