Franchisee Satisfaction True Measure Of Investment Potential

By: Budget Blinds | 5 Shares 168 Reads

PORTSMOUTH, NH (Thursday, March 16, 2006) - Franchisees have a lot to say about their franchise systems and whether or not they think their franchise provides a good investment. These findings are a result of an industry-wide survey of franchisee satisfaction released today by Franchise Business Review. According to Eric Stites, President of Franchise Business Review, franchisee satisfaction is one of the most important factors for any prospective franchisee to consider before buying a franchise.

"Knowing how satisfied current franchise owners are is critical for anyone looking at investing in a franchise business," says Stites. "Yet getting a broad picture of franchisee satisfaction is a very difficult task for individuals researching franchise opportunities. Our franchisee satisfaction survey is one of the largest studies ever done on franchisee satisfaction and the results speak volumes about the companies that made our Franchise 50 list."

To measure franchisee satisfaction, Franchise Business Review surveyed franchisees from nearly 250 franchise companies, representing 45,000 franchisees. Franchises were evaluated in five areas: Training & Support, Franchise System, Franchisor/Franchisee Relations, Financial Opportunity and Overall Satisfaction. Franchisees were asked a series of questions in these areas and then rated their franchisor on a scale of 1 (poor) to 5 (excellent). All franchisees from each participating franchise company were invited to take the survey. The average rate of participation was 50%, with some franchise companies achieving as high as 100% participation from their franchise owners.

"We are extremely proud to be ranked third in the Franchise 50 survey," said Chad Hallock, CEO of Budget Blinds, Inc. Receiving such a high rating by our franchise owners is a true honor and salute to the overall support of our franchisees. Franchise Business Review has helped us set the bar in franchisee satisfaction and we plan to keep this as our top priority as we build the Budget Blinds brand internationally." Budget Blinds was rated "Best in Category" in the Home Services industry category and ranked third overall in the Franchise 50 – 2006 Franchisee Satisfaction Survey based on the feedback of 439 franchise owners (69% participation).

Franchise Business Review has published the Franchise 50 – 2006 Franchisee Satisfaction Survey results at http://www.Franchise50.com. Awards were given to the top 50 franchise companies with the highest levels of franchisee satisfaction, as well as 22 franchise companies that achieved "Best In Category" status in their industry.

About Franchise Business Review

Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. The firm's services include commissioned franchise research projects, as well as industry-wide studies of franchisee satisfaction. Franchise Business Review is headquartered in Portsmouth, NH and can be reached at 603.552.2747 or by visiting their company websites at http://www.FranchiseBusinessReview.com or http://www.Franchise50.com.

About Budget Blinds

Budget Blinds is a custom window coverings franchise company that offers consumers the convenience of shopping at home for window coverings and other home décor accessories. Based in Orange, California, Budget Blinds, Inc. was founded in 1992 and currently boasts more than 1,000 franchise territories serving nearly 2,000 cities in 48 states.

Media Contacts:

Eric Stites

Founder and President

Franchise Business Review

Portsmouth, NH

603-552-2747

eric@franchisebusinessreview.com

Phil Mettra

VP of Marketing

Budget Blinds, Inc.

Orange, CA

714-637-2100

phil@budgetblinds.com

For More Infromation Please contact:
Phil Mettra
VP of Marketing
Phone: 714-637-2100
Email: phil@budgetblinds.com