Color Glo International® Ranked On Entrepreneur 2023 Top Global Franchises
Entrepreneur.com proudly presents Entrepreneur’s 44th annual Franchise 500® ranking among the top global contenders. Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them. Color Glo International has ranked #342 in the Top Global Franchises, up 28 spaces from our ranking of 370 last year.
“Year after year, we are humbled, grateful, and proud to once again be listed on the top 500 global franchise list. Providing world-class, turnkey business investments for our franchisees is our core focus and we love what we do! Shape your own career with the Color Glo International system.”
Understanding The Ranking
The Franchise 500 is an annual ranking of the top 500 franchising companies in the U.S. and Canada, compiled by Entrepreneur magazine through a submission and review process. The ranking is based on an evaluation of each company's costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The list includes both public and privately held companies and has been published annually since 1980.
Ranking Qualifications
According to Wikipedia, Each company that applies for the Franchise 500 through the online submission form is required to submit a copy of its current Franchise Disclosure Document and other supporting documents in order to verify the information submitted. All qualifying applicants are scored by Entrepreneur's proprietary formula, which evaluates franchise companies based on more than 150 data points across five pillars: costs and fees, size and growth, support, financial strength and stability, and brand strength. The 500 top-scoring companies become the Franchise 500. Entrepreneur typically receives more than 1,000 applications for the ranking annually.
In addition to the main Franchise 500 ranking, Entrepreneur uses the data provided through the Franchise 500 applications to create additional smaller rankings and lists that are published throughout the year, including "Fastest-Growing Franchises," "Top New & Emerging Franchises," "Top Low-Cost Franchises," "Top Global Franchises," "Best of the Best", "Top Franchises for Veterans", "Top Homebased/Mobile Franchises" and "Top Food Franchises.”
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