PrideStaff Ranked a Top Franchise in Entrepreneur’s Highly Competitive Franchise 500® List for Tenth Consecutive Year
January 11, 2022 // Franchising.com // PrideStaff, a nationally franchised staffing organization, is pleased to announce that they were named a top 500 franchise by Entrepreneur for the tenth year in a row. Since entering at number 319 on the 2013 Franchise 500® list, PrideStaff has made the list each year and is now ranked number 305 on the 2022 list.
For more than four decades, Entrepreneur has studied the franchise industry and honed their proprietary ranking formula to build the world’s first, best, and most comprehensive franchise ranking. This year’s list shows just how varied the franchise world has become, offering prospective franchisees a myriad of choices from restaurants and employment agencies, to axe throwing and cryotherapy.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including 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.
“With each year, the Franchise 500® ranking becomes increasingly competitive, so making this esteemed list for a decade straight proves how excellent an opportunity PrideStaff franchise ownership presents,” said PrideStaff VP of Franchise Development, Paula Pizarro, CFE. “When people ask us how we’ve sustained our success over the years, I point to four things: our unique franchise model, which offers the best of national resources and local ownership; our organizational agility, which allows us to pivot operations to thrive in any economy; our unparalleled technology, which gives us a decided edge over our competitors; and our commitment to living our corporate mission to ‘Consistently provide client experiences focused on what they value most,’ which keeps us focused on delivering exceptional results for customers.”
“Ranking among the top one percent of all organizations within the staffing industry, while also maintaining our position among Entrepreneur’s elite, is a testament to our strength as a franchise opportunity,” continued Pizarro. “We are thrilled to once again be ranked a top franchise, and we’re looking forward to growing our presence across the nation in the robust staffing industry.”
This latest honor is one of many PrideStaff has received for franchise excellence within the past twelve months. In addition to making the 2022 Franchise 500® ranking, PrideStaff also distinguished itself by being named to Entrepreneur’s Top Franchise for Veterans for a fourth consecutive year, Entrepreneur’s Top 100 Franchises for Less than $150,000, and the Franchise Times® Top 400® list for a third consecutive year.
The success of PrideStaff’s approach is evident, as they consistently rank among the highest 1% of staffing firms in the industry. According to ClearlyRated, a business intelligence firm specializing in the staffing industry, PrideStaff earned a client Net Promoter® Score (NPS) as high as or higher than other well-known brands that are recognized for providing best-of-the-best service and customer loyalty in their respective fields.
Net Promoter, Net Promoter System, Net Promoter Score, NPS and the NPS-related emoticons are registered trademarks of Bain & Company, Inc., Fred Reichheld and Satmetrix Systems, Inc.
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