ActionCOACH has topped Entrepreneur magazine’s Franchise 500 league table for the Business Coaching and Consultancy category.
The business coaching franchise is thrilled to come first in the prestigious ranking. But it was celebrating a double victory when the results were released. It currently sits at number 346 on the table as a whole, having jumped 44 places since last year.
Entrepreneur magazine’s ranking analyses a huge number of franchises to come to its final conclusion, focussing on key factors like investment size and growth, brand strength, costs and fees, training and support and overall stability. Once these have been taken into account, every business is scored on more than 150 data points before being placed into the table. The Franchise 500 ranking has played an important role for investors over the last 40 years, helping them judge which franchises provide the best opportunities.
Jason Feifer, Entrepreneur’s Editor-In-Chief explained:
"The 500 companies on this list all have something in common – they understand what consumers want now. They may be an upstart in a brand-new category, or they may be a brand that’s ranked highly on our list for decades. But either way, making our list means they’re forward-thinking, nimble, and closely in touch with their customers’ needs—because in an ever-changing business environment, that’s what a franchise must do to thrive."
This isn’t the only accolade ActionCOACH has won in the last few weeks. It recently came fourth in the Elite Franchise Top 100 ranking, and first in its business coaching category.
ActionCOACH’s UK co-founder Ian Christelow is thrilled to have been recognised in so many franchise league tables.
“We’re extremely proud to be honoured as the best business coaching franchise in both the UK and USA. 2019 was a huge year for us – on top of these two titles, we were also named as Best B2B Franchise at the Best Franchise Awards, became an official partner of the Northern Powerhouse and received five-star satisfaction from our franchise partners for the seventh consecutive year. Here’s to more of the same in 2020!”
Alice Tuffery, Point Franchise ©