Lightbridge Academy Ranked a Top Franchise in Entrepreneur Magazine's Highly Competitive Rankings
40th Annual Franchise 500 Rankings Places Growing Education Franchise at No. 182
ISELIN, N.J., Jan. 16, 2019 /PRNewswire-PRWeb/ -- Lightbridge Academy recently ranked in Entrepreneur magazine's Franchise 500®, the world's first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company's most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Lightbridge Academy as #182 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
"As we celebrate 40 years of producing the Franchise 500, it's a good opportunity to step back and look at how much has changed since that first ranking in 1980," says Jason Feifer, editor in chief of Entrepreneur. "While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology."
The key factors that go into the evaluation include 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
Over its 40 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Lightbridge Academy's position on the ranking is a testament to its strength as a franchise opportunity.
To view Lightbridge Academy in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
About Lightbridge Academy: Established in 1997, Lightbridge Academy provides early education and child care to children ages six weeks through kindergarten, as well as special programming for children up to 10 years old during school holidays, breaks and summer camp. The company franchised in 2011 in an effort to expand their distinctive concept throughout the Northeast; it currently has over 100 child care centers either open, under construction or in development throughout Florida, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, and Virginia. Guy and Julia Falzarano founded the company based on core values and a Circle of Care philosophy that places equal importance on the needs of children, their families, teachers, center owners, and the community. Lightbridge Academy was ranked on the Franchise Times Top 200+ in 2018. To learn more about Lightbridge Academy, prospective families and franchisees are encouraged to visit http://www.LightbridgeAcademy.com or call (732) 980-1900 x 199.
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SOURCE Lightbridge Academy
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