Which franchise brands are changing lives?
As a doorway for many people looking to be their own boss, franchise ownership changes lives. FranServe’s first annual FRAN-TASTIC 500 recognizes brands going above and beyond the norm in helping people fulfill their dreams of business ownership through franchising.
“It’s a recognition of brands that are trying to help people change their lives – and find their passion,” said Alesia Visconti, chief executive officer of FranServe, the world’s largest franchise consulting and expansion organization.
While the FRAN-TASTIC 500 lists the honorees, it’s not like other corporate honors that base their findings solely on the bottom line or rank winners in a particular order. Instead, the 500 honorees are listed alphabetically.
The FRAN-TASTIC 500 Selected Brands Criteria
“It’s not a ranking. It’s more about the human aspect,” said Visconti. “Each one is a brand that sets itself apart,” she said.
Released by FranServe in April after a careful process of evaluating nominees, the FRAN-TASTIC 500 selected brands based on the following criteria:
Turnkey business model
It’s like unlocking the front door of a new home that’s move-in ready. These brands’ business models are already in motion and proven to work.
Operational support
Epitomizing the benefits of partnering with a franchise rather than flying solo, the guidance and assistance provided by these winning brands is superior throughout all phases of development.
Superb training
New franchise owners are offered a top-notch education on all aspects of the business – not only during the onboarding process, but on a continuing basis.
Brand identity
These brands present their value to consumers in a clear, polished manner.
Industry leadership
The winners have set themselves apart within their sector by offering quality products, services and/or talent.
Scalability
Room to grow is important for entrepreneurs, so scalability is essential for franchise owners seeking potential for expansion down the road.
Ability to launch quickly
The faster a business gets up-and-running, the sooner a new franchise owner realizes a profit.
Clear marketing message
An effective marketing strategy is vital to a brand’s success.
The FRAN-TASTIC 500 are the brands that are going above the norm to help people change their lives through franchise ownership.
Brands meeting these standards and listed by the FRAN-TASTIC 500 span a wide range of industries, from health services and food to home improvement and business services. Since the list represents such a wide variety of options, Visconti said she believes it’s a great starting point for anyone considering a franchise opportunity.
View this year’s FRAN-TASTIC 500 at franserve.com/frantastic500.