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Network Lead Exchange Named One of 2022's Fastest-Growing Franchises by Entrepreneur

By: Network Lead Exchange |  0 Shares     117 Reads

NLX, a professional networking organization, receives recognition for growth, by prioritizing convenience, referral commissions, and technology.

May 06, 2022 // Franchising.com // WEST PALM BEACH, FL - Network Lead Exchange™ (NLX) was recognized in the top 100 of this year's Fastest-Growing Franchises by Entrepreneur. The national business magazine listed the organization in its annual ranking and highlighted the companies with the most significant unit growth worldwide.

Network Lead Exchange was ranked #97 of 150 franchises, advancing 10 spots over its 2021 ranking of #107.

"We are very proud of Entrepreneur's recognition," said Austin Titus, President of Network Lead Exchange, "It shows how hard our members and franchisors have worked to help America's businesses build their dreams. We are humbled to be part of their success."

Network Lead Exchange is a franchise comprised of business networking chapters whose members are part of an exclusive community of professionals, conveniently sharing referrals and commissions to support business development through their proprietary platform. It offers exclusive memberships and flexible participation standards, and provides its members with sophisticated technology tools like their newly launched mobile app.

It has grown steadily since its founding in 2018, adding 20 new chapters during the COVID-19 pandemic in 2020. By 2021, it numbered over 50 chapters in 25 states. Today, it has over 60 chapters emerging throughout the country, with more professionals joining the network every day.

The Fastest-Growing Franchises ranking is based on information submitted to Entrepreneur for its annual Franchise 500®. It is part of the brand's continuing effort to best understand and evaluate the ever-changing franchise marketplace. Franchise companies are ranked based on their net unit growth - including US franchises, international franchises, and company-owned units - from July 31, 2020, to July 31, 2021, with ties broken based on percentage growth.

"Growth is what franchising is all about," said Entrepreneur Senior Vice President of Franchising Liane Caruso. "Our 2022 Fastest-Growing Franchises ranking not only identifies the franchise brands with the greatest unit growth, but it also underscores the extraordinary momentum in the industry over the past year."

SOURCE Network Lead Exchange

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