Brightway Insurance coverage has been named to Entrepreneur journal’s Franchise 500 checklist for the ninth time and the fifth consecutive 12 months. Brightway ranked 153 on the checklist – an increase of 37 spots from final 12 months’s rating – for its efficiency in areas together with unit progress, monetary power and stability, and model energy.
“We’re thrilled to land on Entrepreneur’s prestigious Franchise 500 as soon as once more and are wanting ahead to additional rising the model this 12 months,” mentioned Mark Cantin, president and CEO of Brightway. “Brightway was extraordinarily profitable in 2021, and we look ahead to persevering with our nationwide enlargement this 12 months as we spend money on new assets that can empower franchisees to succeed in their potential.”
Entrepreneur compiles the Franchise 500 checklist by researching and assessing components together with firms’ prices and charges, dimension and progress, help, model power and monetary power and stability. Every franchise is given a rating primarily based on an evaluation of greater than 150 knowledge factors, and the five hundred franchises with the very best cumulative scores are acknowledged on the checklist.
“The previous 12 months has been one of the difficult for companies in current reminiscence, which made placing collectively our forty third annual Franchise 500 checklist extra enlightening than ever,” mentioned Jason Feifer, editor-in-chief of Entrepreneur. “The businesses named to this 12 months’s checklist confirmed us how being resilient, supportive and nimble may help navigate extraordinary challenges and likewise underscore the grit and innovation that outline entrepreneurship.”