BrightStar Care Ranked Among Top Franchises In Entrepreneur’s Highly Competitive Franchise 500®

BrightStar Care is recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, ranking 155 for its outstanding performance.

Read the original at Franchising.com
BrightStar Care Ranked Among Top Franchises In Entrepreneur’s Highly Competitive Franchise 500®

TL;DR

BrightStar Care was ranked 155 in Entrepreneur's Franchise 500, a list of the top 500 franchises in the country. The ranking is based on factors such as unit growth, financial strength and stability, and brand power.

BrightStar Care was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranks BrightStar Care as 155 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“For the past twelve years BrightStar Care has had a steady year-over-year presence on Entrepreneur’s Franchise 500 List,” said Shelly Sun, CEO and Founder of BrightStar Care. “As we head into our 20th year of business, BrightStar Care has proven to provide a prosperous opportunity for our franchisees, and we’re honored to be ranked once again amongst the top 500 franchises in the country.”

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.

Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.

In this story

This story was originally published in Franchising.com on January 7, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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