Budget Blinds was recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500® places Budget Blinds among the top 150 franchises for its exceptional performance in areas including financial strength and stability, growth rate, and system size. Additionally, Budget Blinds topped the Window and Floor Coverings Category, which the company has done every year since 1996 when they were first ranked by the survey.
“This is such a tremendous honor,” says Chad Hallock, CEO and co-founder of Budget Blinds. “Being listed among these elite franchise companies is a testament to all the hard work and dedication of our team, as well as, the commitment and perseverance of our franchisees during this rather stormy economic period.”
“Franchises are not only a great avenue to business ownership for many with a thirsty entrepreneurial spirit, but they’re also capable of playing a key role in carrying us into a growing economy,” says Amy Cosper, VP and editor in chief of Entrepreneur. “The $153.7 billion in total payroll and 7.9 million jobs they account for speak to that loud and clear, and the ones that made this year’s Franchise 500® are a great place for anyone to start their search for the right business.”
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. An independent CPA analyzes all financial data. The most important factors include financial strength and stability, 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. Over its 32 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Budget Blinds’ position on the ranking reinforces its strength in the industry.
To view Budget Blinds in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January issue of Entrepreneur.
If you want to explore the Budget Blinds opportunity, please visit www.budget-blinds-franchise.com or call 1-800-519-6305 to speak with a Franchise Licensing Advisor.