TL;DR
Tailored Living moved up 12 spots to #359 in Entrepreneur's Franchise 500, while Budget Blinds ranked #12. The rankings are based on factors such as unit growth, financial strength, and brand power.
Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Tailored Living at #359 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. The brand moved up 12 spots from its #371 ranking in 2020.
The four other brands in the Home Franchises Concepts family - Budget Blinds®, Concrete Craft®, AdvantaClean® and Kitchen Tune-up® - also made the 2021 list of 500 franchises with Budget Blinds receiving a #12 ranking, up five spots from last year.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include 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.
In this story
This story was originally published in Franchising.com on February 17, 2021. Burnaze summarizes and links to the original reporting.
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