Entrepreneur Magazine Reveals Their Top Franchises for 2016

For its 37^th year in a row, Entrepreneur Magazine has revealed their top franchises poised for growth in 2016. The Franchise 500 issue, which hit shelves this month, is one of the most comprehensive guides to franchises.

The prestigious award validates the progress these companies have made in 2015. To be eligible for the Franchise 500, a franchisor must have a minimum of 10 units, with at least one in the United States. All companies, regardless of size, are judged by the same objective criteria, including financial strength and stability, growth rate and size of system, number of years a company has been in business, length of time it has been franchising, startup costs, litigation, percentage of terminations, and financing options. These objective factors are plugged into the magazine’s exclusive Franchise 500 formula, with each eligible company receiving a cumulative score. The 500 franchises with the highest cumulative scores make up the Franchise 500.

Below is a list of the 15 brands that stood out to us at 1851 Franchise Magazine:

#16: Sport Clips

#24: JAN-PRO

#34: Dairy Queen

#92: Smoothie King

#144: Wild Birds

#162: TWO MEN AND A TRUCK

#186: AdvantaClean

#231: Miracle Method

#251: Checkers

#266: Christian Brothers Automotive

#281: Wireless Zone

#320: Saladworks

#337: Toppers Pizza

#362: Outdoor Lighting Perspectives

#391: Your Pie

Click here to read the full list.

Nick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.

Entrepreneur Magazine Reveals Their Top Franchises for 2016

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