TL;DR
Network Lead Exchange was ranked #97 of 150 franchises by Entrepreneur, advancing 10 spots over its 2021 ranking. The company has grown steadily since its founding in 2018, with over 60 chapters emerging throughout the country.
Network Lead Exchange was ranked #97 of 150 franchises, advancing 10 spots over its 2021 ranking of #107.
"We are very proud of Entrepreneur's recognition," said Austin Titus, President of Network Lead Exchange, "It shows how hard our members and franchisors have worked to help America's businesses build their dreams. We are humbled to be part of their success."
Network Lead Exchange is a franchise comprised of business networking chapters whose members are part of an exclusive community of professionals, conveniently sharing referrals and commissions to support business development through their proprietary platform. It offers exclusive memberships and flexible participation standards, and provides its members with sophisticated technology tools like their newly launched mobile app.
It has grown steadily since its founding in 2018, adding 20 new chapters during the COVID-19 pandemic in 2020. By 2021, it numbered over 50 chapters in 25 states. Today, it has over 60 chapters emerging throughout the country, with more professionals joining the network every day.
The Fastest-Growing Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500®. It is part of the brand's continuing effort to best understand and evaluate the ever-changing franchise marketplace. Franchise companies are ranked based on their net unit growth - including US franchises, international franchises, and company-owned units - from July 31, 2020, to July 31, 2021, with ties broken based on percentage growth.
"Growth is what franchising is all about," said Entrepreneur Senior Vice President of Franchising Liane Caruso. "Our 2022 Fastest-Growing Franchises ranking not only identifies the franchise brands with the greatest unit growth, but it also underscores the extraordinary momentum in the industry over the past year."
In this story
This story was originally published in Franchising.com on May 6, 2022. Burnaze summarizes and links to the original reporting.
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