McKinney, Texas (PRWEB) February 21, 2012
Compound Profit is pleased to announce that it has been selected as one of the 25 World-Class Franchises for 2012 by The Franchise Research Institute. This recognition is an outcome of the stellar franchise system that Compound Profit has developed over the last 5 years.
James Penny, CEO states, "Our mission is to help small companies across America ‘Compound Profit’ by providing them with working capital, equipment financing, and powerful tools to grow their business. We are different than traditional lending institutions – because we provide business owners a Funding Advisory service that guides business owners to build business credit assets, enhance the fundability of the business, and access the cash and trade credit that will provide long-term funding and cash flow for the business. In short, we become an advocate for making your business as fundable as it can be!”
The Franchise Research Institute has identified 25 World-Class Franchises for 2012, based upon independent, third-party research conducted with the companies’ franchisees. In its tenth year of providing franchise research the Institute contacts every franchisee and guarantees their complete confidentiality.
The Institute identifies and recognizes excellence. Jeff Johnson, founder of The Franchise Research Institute/FranSurvey, states, “There are a number of ‘Best Franchise’ lists published each year, but we recognize excellence by asking current franchisees to rate their experience as franchise owners, using solid, scientific research methodology.” He adds that “The confidentiality of franchisee responses is critical, because franchisees are reluctant to say anything negative if they can be identified. Confidentiality reduces bias and ‘false positive’ responses.”
Johnson concludes that World-Class franchises have a number of things in common;
1. They establish realistic expectations with candidates and then consistently meet or exceed these expectations.
2. They are very selective and only offer franchises to individuals that meet the “success profile” for their franchise.
3. They successfully transfer “franchise owner knowledge” to new franchises.
4. They provide ongoing training and support to existing franchisees.
5. They communicate with consistent clarity and include franchisees in major decisions.
6. Their franchise offers an acceptable ROI for both the franchisor and the franchisee.
The companies recognized must receive high scores in areas such as opening support, communication between franchisor and franchisees, initial and ongoing training provided to franchisees, product/service quality, and a dedication to overall company excellence.
According to Johnson “A company can provide a terrific product or service which is well-received by the public, and franchisees can still fail. World-Class franchising requires a focus on franchisee success, which in turn, supports the success of the brand”
World-Class Franchises for 2012
1. Auntie Anne's,
2. BrightStar Care
3. Children’s Lighthouse Learning Centers
4. City Wide Maintenance
5. Color Glo
6. CMIT Solutions
7. ComForcare Senior Services
8. Comfort Keepers
9. Compound Profit
11. Express Employment Professionals
12. Express Oil Change
15. Goddard School
16. The Interface Financial Group
17. Liquid Capital
19. Money Mailer
20. Mosquito Squad
23. Speedpro Imaging
24. Spherion Staffing Services
25. Spring-Green Lawn Care
For more details, visit http://www.WorldClassFranchise.com or contact Jeff Johnson at Jeff(at)FranchiseResesarchInstitute(dot)com 1.800.410.5205 ext. 211.
For more information, visit http://www.cprofit.com/ or call 1.877.386.3716 ext. 112.
About Compound Profit
Compound Profit provides working capital and equipment to companies, while its “Profit Advisors” simultaneously coach clients on how to create credit assets, increase earnings, and decrease losses and risk. With decades of experience in finance and business, Compound Profit’s team empowers clients with the know-how to make their companies profitable and healthy. This approach stabilizes small- to medium-sized ventures and positions them for increased funding opportunities. Launched in Texas, Compound Profit has expanded nationwide and operates under a successful franchise model. With its national expansion, Compound Profit is growing to 300 franchised locations across the United States and will employ 6,000 account executives.
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