AdviCoach Given High Marks for Growth: Named One of North America's 'Fastest-Growing Franchises'
Entrepreneur Magazine Features AdviCoach on Prestigious List of 100 'Fastest-Growing Franchises'
February 04, 2011 // Franchising.com // Southbury, Conn. – "Just imagine what they'll be able to do now…," noted Entrepreneur in reference to the companies on the magazine's list of the "Fastest-Growing Franchises" in North America (February 2011). Stated in reference to the improving economy and credit market, the remark applies to franchises on the prestigious list, which features AdviCoach® at No. 68 out of 100. With momentum on its side in 2011, the concept is poised to improve on its record-setting growth performance this past year.
"In an incredibly challenging economic climate we nearly doubled in size," said Brian Miller, president and COO of FranchisEsource Brands International (FSBI), the parent company of AdviCoach and leading coaching franchises The Entrepreneur's Source®, Business Partner® Marketing Coach and Expense Reduction Consulting®, as well as Decor & You®. "This is yet another validation for the concept. We're forecasting impressive growth again in 2011 because AdviCoach connects with today's transitioning corporate executive and fills a clear void in the small-business community."
AdviCoach increased its franchise footprint in 2010 with more than 30 new offices that serve small businesses coast to coast. With more than 3000 U.S. franchises, AdviCoach joins a small, elite collection of companies on Entrepreneur's list.
"The recognition is tremendous," added Miller. "But we know we can't sit back now. We are working hard to carry this momentum into 2011 and expect to have similar success with the growth of AdviCoach this year."
AdviCoach's appearance on the "Fastest-Growing Franchises" list comes a month after Entrepreneur named it to the 32nd Annual "Franchise 500" ranking. This year the brand jumped 128 spots from its 2010 ranking to No. 215 and into the top half of the list.
FSBI's The Entrepreneur's Source, Expense Reduction Consulting and Decor & You were also named to the "Franchise 500."
With its franchise growth plans, FSBI is extending its dominant position in the business coaching and consulting industry. Currently, FSBI captures 33 percent of the professional coaching sector.
About FranchisEsource Brands International
FranchisEsource Brands International (FSBI) is a multi-brand business coaching franchisor with high-performance brands dedicated to the advancement of the entrepreneur and those who aspire to be one. Today, FSBI's business coaching brands dominate the $1.5 billion business coaching market with a commanding 33 percent of the business coaching and consulting franchise market in North America. With a 25-plus year history in franchising, Terry Powell, CEO of FSBI, is recognized as the founder of the business coaching profession with the establishment of The Entrepreneur's Source®, AdviCoach®, Business Partner® Marketing Coach, Expense Reduction Consulting®, Decor & You®, Franchise Match® and Women Empowered by Business (WEBB).