GURNEE, Ill. (PRWEB) January 24, 2023
BrightStar Care was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® recognizes BrightStar Care for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. This year BrightStar Care ranked #141 on the list, rising 175 spots since 2020.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor-in-chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
“For the past thirteen years BrightStar Care has held a steady year-over-year presence on the Franchise 500® list, and we are honored to once again achieve this prestigious recognition as one of the top franchises in the nation,” said Shelly Sun, editor-in-chief and founder of BrightStar Care. “As our business continues to expand into new markets and territories, BrightStar Care proves to be a prosperous opportunity for current and prospective franchisees.”
In Entrepreneur’s continuous effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including 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.
The Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. BrightStar Care’s position on the ranking is a testament to its strength as a franchise opportunity.
Over the last year, BrightStar Care has released groundbreaking data demonstrating the brand’s unmatched clinical outcomes and payer benefits as well as impactful industry studies that benefit and strengthen its entire franchise network. With these achievements, BrightStar Care is well-positioned to continue its accelerated growth trajectory and affirm its spot as a leader in the franchise and home care industries.
To view BrightStar Care in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2023 issue of Entrepreneur. For more information on franchising opportunities with BrightStar Care visit http://www.brightstarfranchising.com.
ABOUT BRIGHTSTAR CARE:
BrightStar Care is a national home care and medical staffing franchise headquartered in Chicago with more than 365 franchised and company-owned locations nationwide that provide medical and non-medical services to clients in their homes, as well as supplemental care staff to corporate clients. BrightStar Care operates with five separate revenue streams allowing franchisees uncapped earning potential. Over the last 20 years, Founder and CEO Shelly Sun has built BrightStar Care from a local business into a nationally recognized brand that generates more than $639 million system-wide using a franchise model built for infinite growth. In addition, BrightStar Care is the only national home care franchise to receive The Joint Commission's Enterprise Champion for Quality award consecutively for the last decade. Other prestigious BrightStar Care accolades include making the Entrepreneur Franchise 500 list for thirteen consecutive years, and continuously ranking on Franchise Business Review's Top Franchise list and Franchise Times Top 400 list. For more information on BrightStar Care please visit http://www.brightstarfranchising.com.