Express Employment Professionals added several honors to their list of accolades in 2023, including the esteemed Best of the Best Franchise Award, Top Global Award and Top Brand for Multi-Unit Owners. These awards are bestowed by Entrepreneur magazine, and winning them all marks a significant milestone for the top staffing franchise.
What is Entrepreneur’s Best of the Best award?
Entrepreneur magazine names companies for its Best of the Best Franchises ranking based on information provided to them for the annual Franchise 500® award. It’s part of the publication’s efforts to understand and evaluate the ever-changing franchise marketplace. Winning the Best of the Best award means that Express ranked not only on the competitive Franchise 500 list, but also at the top of their industry categories. The evaluation is based on more than 150 data points such as costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What is Entrepreneur’s Top Global Franchise award?
Like the Best of the Best award, the Top Global Franchise honor is based on information provided to the publication for the Franchise 500 award. To compile a list for this award, Entrepreneur takes its Franchise 500 formula and adjusts it to give extra weight to the international size and growth of a business. Factors such as costs and fees, franchisee support, brand strength and financial strength and stability are also considered. Only companies that are seeking new franchisees outside of the United States and had a minimum of five units open abroad as of July 2022 were eligible.
Why are these awards important to prospective Express Franchise Owners?
Entrepreneur is a well-respected publication in the business world. Honors like Best of the Best and Top Global Award are a signal to prospective owners that a company has achieved a high level of excellence and success. They also lend credibility to the business and identify it as a best franchise opportunity.
The Entrepreneur accolades are important because they show potential owners that a franchise excels in multiple areas beyond simply being recognized by the industry. “Everyone wants to join a winning team, and that’s why we love making this annual Best of the Best franchises list,” says Entrepreneur editor-in-chief, Jason Feifer. “The companies on this list exemplify what it takes to thrive in franchising. They are innovative and nimble, but also stable and growing. They are truly the best of the best.”
Has Express received any other awards from Entrepreneur?
Yes, Express received numerous accolades from Entrepreneur, including:
- Ranked as the #1 Staffing Franchise on the Franchise 500
Express has been ranked at the top of Entrepreneur’s prestigious Franchise 500 for 12 consecutive years in a row. It’s a testament to the strength and longevity of the brand and identifies Express as a top franchise to own.
- Inducted into the Franchise 500 Hall of Fame
This is Entrepreneur’s most distinguished award and is an honor reserved for the most elite franchise brands. Recipients need to be ranked in the Franchise 500 for at least 25 consecutive years to be eligible for the award. Express has been ranked for 35 consecutive years.
- Named a Top Brand for Multi-Unit Owners
Entrepreneur names the franchise brands that are top picks for investors interested in owning multiple locations of one brand or seeking to diversify their investment portfolio. The ranking is based on factors like the percentage of owners that have more than one unit, discounts available to multi-unit owners, and the company’s Franchise 500 score.
Is Express still looking for new Franchise Owners?
Yes, there are plenty of opportunities to invest in an Express staffing franchise. The ideal ownership candidate is a self-starting natural leader that enjoys building relationships with people. Financially, you should have a minimum net worth of $250K and access to liquid capital of $190K to $250K (in the form of cash, 401K or a home equity loan).
If you’re ready to speak to someone about the Express franchise opportunity, just fill out the form below to connect with a member of our Franchise Development team.