SOUTHBURY, CT, January 05, 2012
/24-7PressRelease/ -- The Entrepreneur's Source , AdviCoach , Expense Reduction Consulting , Business Partner and Decor & You —five concepts under the FranchisEsource Brands International (FSBI) umbrella—have been recognized among the top 500 franchises in the United States in Entrepreneur magazine's 33rd Annual Franchise 500 .
The Entrepreneur's Source jumped an impressive 166 spots from its 2011 ranking, securing a spot in the top third of the list at #130. Decor and You also moved up the ranks by 14 spots, coming in at #446. Expense Reduction Consulting and AdviCoach remained consistent on the list, moving a few spots and ranking at #353 and #219, respectively. Making its first-ever appearance on the prestigious listing, Business Partner came in at #355.
In addition to appearing on the Franchise 500 list, these brands received notable remarks in several sub-categories. Both The Entrepreneur's Source and AdviCoach ranked high in the "Top Homebased" and "America's Top Global" categories, which highlight the top 100 franchises that can be operated from home and the top 200 companies that are seeking international franchisees. Decor and You was also featured in the "Low-Cost" category as one of the nation's top 100 franchises that can be started for under $50,000.
"Our concepts hit home with today's entrepreneurs, especially in this New Career Economy , where a growing number of individuals are choosing to move from employment to empowerment ," said Terry Powell, CEO and founder of FSBI. "The growth we're experiencing is a testament to the relevance of our business models in today's economy. This long-standing recognition, from such a prestigious publication, further validates our brands as clear-cut industry leaders."
Recognized as one of the world's most comprehensive franchise ranking, Entrepreneur determines the Franchise 500 list using an exclusive formula that takes into account objective and quantifiable factors. An independent CPA analyzes all financial data, including the most important factors—financial strength and stability, as well as the growth rate and size of the system. All franchises are given a cumulative score, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
"Franchises are a great avenue to business ownership for those with the entrepreneurial spirit—and they're playing a definitive role in driving the economy upward," says Amy Cosper, VP and editor in chief of Entrepreneur. "Unit numbers from the Franchise 500 grew overall in 2010 and 2011, giving individuals a great place to begin investigating some of the brightest opportunities."
Today, FSBI's business coaching brands dominate the $1.5 billion business coaching market with a commanding 33 percent of the business coaching and consulting franchise market in North America.
For more information regarding FSBI or any of its brands, visit http://www.franchisesource.com.
About FranchisEsource Brands International
FranchisEsource Brands International (FSBI) is a multi-brand business coaching franchisor with high-performance brands dedicated to the advancement of the entrepreneur and those who aspire to be one. Today, FSBI's business coaching brands dominate the $1.5 billion business coaching market with a commanding 33 percent of the business coaching and consulting franchise market in North America. With a leadership team that boasts the Certified Franchise Executives designation from the International Franchise Association, FSBI operates highly-ranked franchise brands, including: The Entrepreneur's Source , AdviCoach , Business Partner Marketing Coach, Expense Reduction Consulting , Decor & You , Franchise Match and Women Empowered by Business (WEBB). For more information regarding FSBI or any of its brands, visit http://www.franchisesource.com.
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