“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” said Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
The key factors that go into the ranking 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 make up the Franchise 500 in ranking order.
“This ranking reflects the commitment of everyone in the Tint World family,” said Charles J. Bonfiglio, CEO of Tint World. “The Entrepreneur Franchise 500 is the gold standard for franchises and appearing on the list for seven years in a row affirms that what we’re doing works. And even though we’re taking time to celebrate this honor, we won’t lose sight of our goals for 2021.”
