December 21, 2012 // Franchising.com // CINCINNATI – Caring Transitions®, the nation’s first national franchise specializing in transition and relocation services, announced today that it has ranked No. 182 in Entrepreneur magazine’s 34th annual Franchise 500® list, the world’s first, best and most comprehensive franchise ranking. The Franchise 500® recognizes Caring Transitions for the brand’s exceptional performance in areas including financial strength and stability, growth rate and system size.
“This recognition speaks volumes about the incredible franchise system we have in place at Caring Transitions and our amazing group of franchisees,” said Chris Seman, president of Caring Transitions. “Caring Transitions is filling a distinct void for families all across the United States. We’re consistently adding upwards of 30 or more offices each year, and being named to a list as prestigious as the Entrepreneur Franchise 500® further validates our strength and stability as a franchise system.”
The rankings for Entrepreneur magazine’s Franchise 500® list are determined using an exclusive formula that takes into account objective and quantifiable factors, analyzed by an independent CPA. The most important factors include financial strength, stability, growth rate and size of the system. All franchises are given a cumulative score, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
Over its 34 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs.
“We’re delighted to share the positive strides the companies in this year’s listing are making and showcase them as representations of business strength,” says Amy Cosper, VP and editor in chief of Entrepreneur. “The Franchise 500® are a major force contributing to the franchise upswing. Their ability to successfully satisfy customers, continually add units, create jobs and grow overall keeps them ahead of the rest and worthy of distinction.”
Caring Transitions helps to reduce stress and anxiety among families by providing expert guidance on all phases of transitioning including senior relocation, de-cluttering a residence, downsizing a home, preserving family heirlooms and organizing estate sales, among other services.
Complete results of Entrepreneur magazine’s Franchise 500® list, including company profiles, can be found at http://www.entrepreneur.com/franchise500/index.html.
For more information about Caring Transitions, visit the company’s Entrepreneur profile at http://www.entrepreneur.com/franchises/caringtransitions/328969-0.html or company site at www.CaringTransitions.com.
Founded in 2006, Cincinnati-based Caring Transitions is the country’s first national franchising concept specializing in senior relocation and transition services and providing a total solution for families facing a sometimes difficult situation. With over 140 locations in operation or under development throughout North America, Caring Transitions works with clients and their families who are selling a home, downsizing and liquidating household items by offering senior move management, transition, relocation and estate sale services. For more information, visit www.CaringTransitions.com.
Fishman Public Relations
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