January 22, 2021 // Franchising.com // PLYMOUTH, Mich. - RSVP announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking. Ranked #279 in the Franchise 500 list, RSVP also achieved #1 in the Advertising Services category.
“It’s such an honor to be recognized by Entrepreneur with this ranking,” said Mike Cline, chief development officer. "We are excited for what’s ahead this year as we form new relationships, expand our presence into new markets, and offer our existing franchisees continued support.”
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 become the Franchise 500® in ranking order.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
As an essential business, RSVP has been there to support their clients throughout COVID-19, providing cost-efficient and highly-effective marketing solutions to drive leads that convert to sales growth. RSVP has offered reopening resources to all businesses and practical items to keep in mind for the safety and wellbeing of employees and visitors.
SOURCE Alliance Franchise Brands LLC (parent company of RSVP)
RSVP designs, prints and mails color postcards advertising upscale local businesses, directing their mailings toward the wealthiest 20 percent of homeowners.