Color Glo International® Ranked On Entrepreneur 2020 Top Global Franchises
“Forty-one years after the very first Franchise 500 ranking, the franchise industry is still going strong and more competitive than ever. Only companies who have more than 5 franchisees abroad qualified for this year's ranking and those that rose to the top reveal the latest trends as well as the companies that continue to evolve to keep going strong year after year.” Color Glo International has ranked #62 in the Top Global Franchises.
“If you’ve been thinking about buying a franchise -in the U.S. or any other country- consider this ranking of the top 200 franchisors that are seeking international franchisees.”
Some words from Entrepreneur
Franchising is part of the international business lexicon. Even if people in China or India or Brazil aren't familiar with the word "franchise," it's a sure bet they're familiar with McDonald's, Subway, KFC, and hundreds of other U.S.- and Canada-based franchises that have international appeal.
If you've been thinking about buying a franchise -in the U.S. or any other country- consider this ranking of the top 200 franchisors that are seeking international franchisees. To compile this ranking, Entrepreneur took its Franchise 500 formula and adjusted it to give extra weight to international size and growth. Other areas evaluated by the formula include costs and fees, franchisee support, brand strength, and financial strength and stability. Only companies seeking new franchisees outside the U.S. that had a minimum of five units open abroad as of July 2019 were considered.
This ranking is not intended to endorse, recommend, or promote any particular franchise. Rather, it's a research tool you can use to compare franchises. It's imperative that you conduct an in-depth investigation--including consulting an attorney and an accountant, reading all literature and disclosure documents provided by the franchisor, and visiting existing franchise locations to speak with current franchisees--before investing in any franchise opportunity.
Understanding The Ranking
From regulations to trends to demographics, the franchise industry has experienced its fair share of change since that very first Franchise 500 was published way back in 1980. But the industry keeps going strong, offering companies of all different stripes an effective mode of expansion, and affording thousands of aspiring entrepreneurs the opportunity to open their own business within an established brand. And Entrepreneur continues to celebrate them all with what is still the world’s first, best, and most comprehensive franchise ranking.
Just as the franchise world has changed over the last four decades, the proprietary formula used by Entrepreneur continues to evolve as well, so they can best evaluate the strength of the franchise opportunities offered today.
Color Glo International is proud to have made that list once again amongst some of the world’s top global opportunities across various niches including restaurants, hair care, real estate, technology, themed parks, and more. Here’s a peek into their ranking criteria and process.
About Color Glo International
Color Glo International is the World Leader in the restoration and repair of leather, vinyl, velour, cloth, and hard plastics commonly found in the markets of Automotive, Aircraft, Marine, and Furniture. Formally incorporated in 1975 Color Glo began franchising in 1982. Today in hundreds of markets throughout the world. Color Glo products are proven every day to offer the correct results and best value every time they are put to the test.
Contact
Mandi Brandon
mandi@colorglo.com