A big year can make a big difference. Just ask some of the brands on our list that made giant leaps from their place on last year's ranking. In fact, some brands that didn't even make last year's Top 500 are now in the middle of the pack!
How to explain the big jumps? There's a quantifiable answer to this: Companies move up or down on our list based on many factors, including growth rate, franchisor infrastructure, and audited financial statements. (See the list itself for a more thorough explanation.) But of course, numbers only tell part of a story. That's why we got in touch with some of this year's biggest movers, to ask exactly what they have done recently to drive significant growth.
Their answers tell you a lot about good business fundamentals, as well as what it takes to succeed in franchising. We heard about brands identifying and fixing weak spots in their businesses, such as complications that franchisees had faced in opening brick-and-mortar locations, as well as others who invested wisely or spent years laying the groundwork for explosive growth.
On the following pages, you'll hear from the leaders of 11 brands-six that made the list last year and five that didn't listed in alphabetical order. Read closely, because their insights might help inspire next year's biggest movers!
100% Chiropractic +158
100% Chiropractic is a national wellness center that strives to offer cutting-edge chiropractic services and help its clients to live fully. It moved up 158 spots this year, to hold No. 296.
CEO Jason Helfrich explains/
Esta historia es de la edición January - February 2023 de Entrepreneur US.
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Esta historia es de la edición January - February 2023 de Entrepreneur US.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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The $20 Bill That Became Priceless
As I built my snack-food brand, Sun & Swell Foods, I kept hearing the same advice: Hustle for your customers. Never turn down business. Obsessively focus on ROI. So that's what I did-and although my company grew, it wasn't profitable. This began affecting me emotionally. I love my brand and care deeply about its success. Its challenges started to feel like my own.
THE BEST MARKETING DOLLARS I'VE EVER SPENT
Great marketing doesn't require huge budgets. We asked franchisees and franchisors to share their best marketing ROI-and their stories (on the following pages) will inspire you.
READ THIS BEFORE MEETING A FRANCHISOR
Thinking about buying a franchise? You should meet the franchisor-and you should know exactly how to approach that meeting-to ensure you're making the right decision.
THE BOLDEST NEW IDEAS IN FRANCHISING
These eight innovative businesses are now franchising-and maybe in a few years, they'll be climbing the Franchise 500 list too.
5 BRANDS GROWING IN LEAPS AND BOUNDS
Want to know how to rocket up in the Franchise 500 rankings? These brands all jumped over 150 spots since last year-and they're sharing the strategies behind their growth.
FRANCHISE 500 TOP 10
Meet the Leaders of the Franchise 500
TAX STRATEGIES TO MAKE A DIFFERENCE IN 2025
Your taxes won't go up this year. But you can still find new ways to decrease your burden.
HOW TO CLOSE THE SALE (EVEN WHEN THEY SAY NO)
I'm the world's leading door-to-door sales expert. I've heard “no” endlessly. Here's how I close sales anyway-and how you can too.
'The Sword We Refuse to Die On'
Some people tell Chip and Joanna Gaines to play it safe, and to keep doing what made them famous in the first place. But they're ready to take more risks-because that's the entrepreneurial way.
Are You Feeling the Squeeze?
Many companies are struggling with rising costs and tighter margins. We asked six business leaders to share their solutions.