Progress is what franchising is all about, and Entrepreneur’s Quickest-Rising Franchises checklist identifies the franchise manufacturers with the best unit progress over the past 12 months, primarily based on the info they submitted for the newest Franchise 500®.
The fastest-growing rating is predicated on the web complete new items (franchises and company-owned) added worldwide from July 2020 to July 2021, as verified by Entrepreneur journal, with ties damaged primarily based on proportion progress. (Word: Variations of this rating previous to 2021 had been primarily based on US and Canada franchise items solely.)
This rating isn’t supposed to endorse any explicit franchise, however fairly to offer a place to begin in your analysis. Due diligence contains completely studying an organization’s literature and its Franchise Disclosure Doc, calling and visiting present franchisees, and consulting with an lawyer and an accountant. This is the place slowing down is smart: It is best to solely purchase a fast-growing franchise after you have taken the time to conduct a cautious investigation.