Entrepreneur Magazine has once again recognized FRSTeam in its annual Franchise 500 listing. This year, FRSTeam was ranked number 307 on Entrepreneur’s list of Top North American franchise companies.
Franchises are selected using Entrepreneur’s formula, which includes financial strength and stability, growth rate, and size of the system. FRSTeam was ranked number 499 in 2009, so the 2010 ranking represented a big move for the fabric restoration company.
“We are very proud to be recognized by Entrepreneur Magazine again this year,” states FRSTeam president, Jim Nicholas. “We are especially pleased with the large positive movement in our ranking. Both our management staff and our franchisees have worked hard this past year, and it shows in these results.”