Children’s Lighthouse Makes Entrepreneur Magazine’s 2023 Franchise Top 500 List
January 19, 2023 // Franchising.com // TEXAS - Children’s Lighthouse Early Learning Schools™ announced today that it made the 2023 Entrepreneur Magazine’s Franchise 500® list.
The ranking achieved by Children’s Lighthouse highlights the growth made by the brand in the past year.
“We are over the moon to receive recognition once again on Entrepreneur’s franchise ranking,” said Michael Brown, President of Children’s Lighthouse Franchise Company, the franchisor for Children’s Lighthouse Early Learning Schools™. “Our franchisees and their team put in work each day to serve our local communities, families and children. Their work and dedication along with the guidance of our fantastic team at the franchise support center continues to push our brand forward.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-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 underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
In the 44 years since its first release, the Franchise 500® list has become not only a competitive measure for franchisors, but also a primary research tool for those interested in franchising.
SOURCE The Children’s Lighthouse
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