Milford, OH – HomeTeam Inspection Service recently ranked in Entrepreneur Magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks HomeTeam Inspection Service as 280 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“2018 was a great year for HomeTeam and we are thrilled to again be ranked within the Franchise 500,” says Adam Long, President of HomeTeam. “Franchise support is the focus of our company and we are honored to be included among this list of strong, successful franchise brands.”
The key factors that go into the evaluation 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 become the Franchise 500® in ranking order.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor in chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. HomeTeam Inspection Service’s position on the ranking is a testament to its strength as a franchise opportunity.
For more than 25 years, HomeTeam has taken great pride in being the most unique concept in the home inspection industry. HomeTeam brings a TEAM of inspectors on site, providing a faster, more accurate home inspection. Fast, Trusted and Accurate. That’s the HomeTeam Promise. For information on franchise opportunities with HomeTeam Inspection Service, call 800.598.5297 or visit hometeamfranchise.com.