Hayward, Calif., Monday, March 15, 2010-Nationwide franchise, FRSTeam (Fabric Restoration Service Team) has received multiple acknowledgements for its recent growth, including listings in Entrepreneur’s 31st Annual Franchise 500® and Top 30 New Franchises, Franchise Times’ Fast 55®, and Franchise Business Review’s 2010 Franchisee Satisfaction Awards.
are thrilled to receive brand recognition from Entrepreneur Magazine as one of
the top 500 franchises for 2010 as well as the #30 Top New Franchise for
2010. We are so proud of our growth and the quality of operators we have
been able to attract to our brand,” says FRSTeam CEO, Courtney Nicholas. And, growth is a major component in determining eligibility and
ranking for most of the awards FRSTeam has been honored with.
To be eligible for the Franchise 500 ranking,
a franchise company must have a minimum of 10 units with at least one based in
the U.S. and it must be seeking new franchisees in the U.S. However, the most important criterion
for consideration includes financial strength and stability, growth rate and
size of the system, along with the number of years a company has been in
business and the length of time it's been franchising. With the Franchise Times Fast 55, they
rank franchise companies that have began franchising within the past 5 years
based on their year over year percentage of growth.
The objective of Franchise
Business Review is a little different.
They survey thousands of franchisees each year to measure satisfaction
levels related to their franchise ownership experience. Survey questions
address everything from training and support, system quality issues, franchisor
relationship, and financial opportunity to overall satisfaction. Additionally,
franchisees complete demographic and lifestyle questions to give a 360-degree
view of their franchise ownership experience.
CEO, Courtney Nicholas, puts the honor verses the expectation into perspective,
“To be named in Franchise Business Review’s 2010 Franchisee Satisfaction Awards
in the Small Class and Services categories is both rewarding and a challenge.
We have a community of top operators working together under the FRSTeam brand
and we celebrate and share this award with them. The process revealed key
areas to focus our energy for continued improvement and enhancing the value
proposition of FRSTeam. We thank our franchisees as they inspire,
challenge and motivate us to keep reaching new heights.”
information about smoke, fire, water and mold restoration services, available
territories, licensee happenings and upcoming exhibitions, visit FRSTeam.