TL;DR
Gotcha Covered is recognized as a top franchise by Entrepreneur, ranking #308 on the Franchise 500 list. The company has nearly 130 total franchises across the U.S. and Canada.
"Despite ongoing issues that many in the industry face today, Gotcha Covered continues to grow and thrive year after year," said Paul Linenberg, president of Gotcha Covered. "It is our goal to provide excellent end-to-end consultative services, and our placement on this list is a testament to the great work our franchisees do to achieve that goal."
In Entrepreneur's continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company's 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability.
Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
"The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever," says Entrepreneur Editor in Chief Jason Feifer. "The companies named to this year's list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship."
Adding 27 new franchise locations in 2020, Gotcha Covered currently has nearly 130 total franchises across the U.S. and Canada. The franchise has been operating under the Gotcha Covered name since 2009.
In this story
This story was originally published in Franchising.com on January 13, 2022. Burnaze summarizes and links to the original reporting.
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