CARING TRANSITIONS RANKED AMONG TOP FRANCHISES IN ENTREPRENEUR’S HIGHLY COMPETITIVE FRANCHISE 500®
Caring Transitions Franchise 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 Caring Transitions Franchise as #371 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”
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. Caring Transitions’s position on the ranking is a testament to its strength as a franchise opportunity.
To view Caring Transitions in the full ranking, click here. Results can also be seen in the January/February 2022 issue of Entrepreneur, available on newsstands January 11th.
Caring Transitions was created to help ease the stress of seniors and their families and keeping their best interests in mind when providing them with a total solution. Caring Transitions has earned a great reputation by providing services in senior relocation, downsizing, and estate sales services by training and supporting over 200 franchisees. With a low initial investment, exploding markets, three major revenue streams, a trusted name, and in-depth training from our Strategic Franchising team, anybody can succeed as a Caring Transitions owner. We were founded on the belief that the most successful life transitions happen when care and compassion are involved.
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