Tailored Living Moves Up 12 Spots in Entrepreneur’s Highly Competitive Annual Franchise 500®
All five brands in the Home Franchise Concepts family made the premiere industry ranking for 2021
February 17, 2021 // Franchising.com // IRVINE, Calif. - Tailored Living® has received its best-ever ranking in Entrepreneur magazine’s Franchise 500®. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry.
Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Tailored Living at #359 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. The brand moved up 12 spots from its #371 ranking in 2020.
The four other brands in the Home Franchises Concepts family - Budget Blinds®, Concrete Craft®, AdvantaClean® and Kitchen Tune-up® - also made the 2021 list of 500 franchises with Budget Blinds receiving a #12 ranking, up five spots from last year.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. 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.
SOURCE Tailored Living
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