For the third consecutive year, global real
estate franchisor, RE/MAX International ranks highest among real estate
franchise organizations – at number 19 – in the Entrepreneur 22nd Annual
Franchise 500®. The survey is now available on the Internet
(www.Entrepreneur.com) and within the pages of the January 2001 edition of
Entrepreneur magazine. In the “Fastest Growing” rankings, RE/MAX came in at
number 13. Among the “Top 200 Global Franchises,” RE/MAX is number 20 and
was the only real estate organization named “Best of the Best” in service
industries.
The initial Entrepreneur's Franchise 500® in 1980 was the first ranking of
franchises in the industry and is still the best and most comprehensive
rating of franchises in the world. Over the years, Entrepreneur has polished
and perfected the ranking procedure, developing a formula that accurately
identifies today's top franchise opportunities for Entrepreneur readers.
The preface to the list states in part…“In our ranking we consider numerous
factors, some of which are weighed more heavily than others. The most
important factors include financial strength and stability, growth rate, and
size of the system. We also consider the number of years in business, the
length of time franchising, start-up costs, litigation, percentage of
terminations and whether the company provides financing. An independent CPA
firm audited financial data and every company with verifiable data receive a
cumulative score. The franchises with the highest "cumes" become the
Franchise 500®. These factors are objective, quantifiable measures of a
franchise operation. We do not measure subjective elements such as
franchisee satisfaction or management style, because these are judgments
only you can make based on your own needs and experiences. All companies,
regardless of size, are judged by the same criteria.”
The 22nd Annual Franchise 500 marks the ninth time RE/MAX has been
recognized by the publication as a leading franchise network.
Published: December 17, 2001
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