HomeVestors Ranked in Entrepreneur’s Franchise 500

HomeVestors is ranked in Entrepreneur’s Franchise 500 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

Read the original at Franchising.com
HomeVestors Ranked in Entrepreneur’s Franchise 500

TL;DR

HomeVestors has been ranked #85 in Entrepreneur's Franchise 500 for its performance in unit growth, financial strength, and brand power. The ranking is based on a cumulative score of over 150 data points, including costs, size, support, and financial strength.

For 45 years, the annual Entrepreneur Franchise 500 has been a sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The 2024 Franchise 500 ranks HomeVestors as #85 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“We are very proud to be named to Entrepreneur’s Franchise 500 list in 2024,” said HomeVestors CEO Larry Goodman. “This recognition is the result of the hard work and collaboration between our corporate executives and team members, development agents and franchisees across the country.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then 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 ranked order.

“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine.

In this story

This story was originally published in Franchising.com on January 17, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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