For Sixth Consecutive Year, FranNet Recognized on Inc. 5000 List
LOUISVILLE, KY (PRWEB) August 24, 2015 -- FranNet, North America’s most respected leader in matching individuals with franchise opportunities, was recognized for the sixth consecutive year by Inc. magazine and its exclusive Inc. 5000 list as one of the fastest growing private companies in the U.S. The ranking is most impressive due to FranNet’s longevity as a nearly 30-year-old company.
“Only a small fraction of the nation’s companies have demonstrated such remarkably consistent high growth, particularly in the difficult economic environment of the past few years,” Eric Schurenberg, president and editor-in-chief of Inc. said. “This achievement truly puts FranNet in a rarefied company.”
The Inc. 5000, an expansion of the prestigious Inc. 500, ranks the country’s top 5000 fastest-growing private companies.
The Inc. 5000 is ranked according to percentage revenue growth over a four-year period. To qualify, a company has to be U.S.-based, privately held, and independent (not subsidiaries or divisions of other companies) as of December 31, 2014. Revenue in 2011 must have been at least $200,000, and revenue in 2014 must have been at least $2 million.
This accolade comes hot off the heels of FranNet’s concerted efforts toward global expansion. After expanding into Germany and the United Kingdom in the past two years, FranNet continues to plot its global endeavors while encouraging economic growth and franchise community building. The franchise consulting group is currently targeting expansion to high growth markets across the world, including Australia, the Middle East, Central and South America, and additional countries in Europe.
“FranNet is different from any other brand in our segment because we have a local presence in our markets across the world and offer our franchisor partners more tools for success than any other company,” said FranNet CEO Jania Bailey. “Constantly reinventing ourselves and offering a variety of services that we continue to grow made this recognition possible. We plan to continue this momentum and catapult FranNet into the next level of success.”
FranNet’s free educational and consultative process includes a personal franchise assessment that enables the firm to determine which franchises best suit a prospective franchisee’s needs, passions and business goals. FranNet is also keyed into industry sectors experiencing booming growth, ensuring not only the right fit for each candidate, but also a franchise opportunity that has the greatest potential for future success. By utilizing highly qualified business professionals who have a strong understanding of business opportunities in their regions and countries, FranNet’s consultants are able to help franchisees start a business and help grow their community both at home and abroad.
ABOUT FRANNET
FranNet is North America’s most respected leader in matching individuals with franchise ownership opportunities. Founded in 1987, FranNet has more than 100 experienced consultants across the United States, Canada, Germany and the United Kingdom. FranNet uses a proprietary profiling and consultative process to determine a business model unique to each client’s goals, skill sets and interests, and has matched thousands of prospective business owners to rewarding small business franchise opportunities. Based in Louisville, Kentucky, FranNet has been recognized by Inc. magazine as one of the fastest growing private companies in America for the last six years.
Lauren Boukas, No Limit Agency, http://www.nolimitagency.com, 312.526.3996, [email protected]
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