The Five Pillars of the Franchise 500®
Some key factors that went into Entrepreneur’s 38th Annual evaluation and Huntington Learning Center’s high #63 ranking:
COSTS & FEES
- Franchise fee
- Total investment
- Royalty fees
SIZE & GROWTH
- Open & operating units
- Growth rate
- Closures
SUPPORT
- Training times
- Marketing support
- Operational support
- Franchisor infrastructure
- Financing availability
- Litigation
BRAND STRENGTH
- Social media presence
- System size
- Years in business
FINANCIAL STRENGTH & STABILITY
- Franchisor’s audited financial statements