PostNet Recognized As Top Franchise By Entrepreneur
Shipping and printing solutions franchise ranked in Franchise 500 list
January 20, 2022 // Franchising.com // DENVER - PostNet was named one of the top franchises in the nation after being ranked in Entrepreneur's Franchise 500 list. The franchise was ranked No. 374.
"Throughout 2021, it was more apparent than ever how important our services are to small businesses," said Bill McPherson, vice president of franchise development. "Whether employees were working remotely or inside the office, there was a need for shipping and marketing solutions. As we continue to evolve to meet the needs of our customers, we provide our franchisees with the necessary tools to succeed in their markets. Our numbers grow each year, and our placement on this list is a testament to that."
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.
"The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever," says Entrepreneur Editor in Chief Jason Feifer. "The companies named to this year's list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship."
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