Allegra Marketing Print Mail Achieves Ranking On Entrepreneur Magazine’s 42nd Annual Franchise 500® List
January 22, 2021 // Franchising.com // PLYMOUTH, Mich. - Allegra Marketing Print Mail 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.
“It’s such an honor to be recognized by Entrepreneur with this ranking,” said Mike Cline, chief development officer. "We feel very optimistic as this new year begins and we are excited to continue to grow in new markets, form new relationships 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.”
Since the beginning of the pandemic, Allegra has been providing support for local businesses, whether that was by offering free ‘open for business signs,’ producing face shields and other personal protective equipment or giving expert advice for businesses to communicate changes with customers and employees.
SOURCE Alliance Franchise Brands LLC (parent company of Allegra)
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