Sylvan Learning Among 2023 Top Global Franchises by Entrepreneur

Sylvan Learning is recognized by Entrepreneur as a Top Global Franchise for the second year in a row, ranking No. 99 for its impressive franchise performance.

Read the original at Franchising.com
Sylvan Learning Among 2023 Top Global Franchises by Entrepreneur

TL;DR

Sylvan Learning has been recognized as a Top Global Franchise by Entrepreneur for the second year in a row, ranking No. 99. The ranking is based on information submitted to Entrepreneur for its annual Franchise 500 and evaluates international size and growth, costs and fees, franchisee support, brand strength, and financial strength and stability.

“It’s an honor to be recognized for the impact Sylvan is having throughout the world,” said John McAuliffe, CEO of Sylvan. “Now more than ever, students need supplemental education solutions to address post-pandemic learning loss, which is a global issue. This ranking is a testament to the work of every single Sylvan team member and franchise owner dedicated to helping students succeed.”

The Top Global Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500® and is part of the brand’s continuing effort to best understand and evaluate the ever-changing franchise marketplace. To compile this ranking, Entrepreneur took its Franchise 500 formula and adjusted it to give extra weight to international size and growth. Other areas evaluated by the formula include costs and fees, franchisee support, brand strength, and financial strength and stability.

Only companies seeking new franchisees outside the U.S. that had a minimum of five units open abroad as of July 2022 were considered.

"Franchising isn't just a local or national opportunity. It's also an international opportunity with near-boundless potential, as Entrepreneur's Top Global Franchises list reveals," says Entrepreneur Editor-In-Chief Jason Feifer. "The companies we highlight are building strong, globally recognized brands."

In this story

This story was originally published in Franchising.com on June 15, 2023. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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