CGI Ranked On Entrepreneur 2020 Top Franchises For Veterans
MINNEAPOLIS, MN. Oct. 12th, 2020 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500. This list recognizes the 150 franchisors offering incentives for veterans to join their franchise’s business systems. Color Glo was ranked #126.
Color Glo International® Ranked On Entrepreneur 2020 Top Franchises for Veterans
MINNEAPOLIS, MN. Oct. 12th, 2020 – Color Glo International® has been ranked in the top franchises for veterans again this year by Entrepreneur Magazine’s Franchise 500. This list recognizes the 150 franchisors offering incentives for veterans to join their franchise’s business systems. Color Glo was ranked #126.
How we were selected
To determine the Top Franchises for Veterans ranking, Entrepreneur analyzed each company’s veteran incentive, the number of veteran-owned units, how veteran franchisees are attracted to and support by each company, and how each company scored in the 2019 Franchise 500 ranking. Color Glo’s position on the ranking is a testament to the company’s continued efforts to support veterans in their pursuit of the American Dream.
Hundreds of franchises offer some sort of incentive (usually a franchise-fee discount) for veterans joining their system. But which ones truly offer the best opportunities for veterans interested in becoming franchisees?
To find out, Entrepreneur invited those companies to participate in a survey designed to help them learn more about their veterans’ programs. From there, they developed their ranking of the top 150 franchises for veterans, taking into account each company's veteran incentive, how veteran franchisees are attracted to and supported by the company, and how each company scored in the 2020 Franchise 500.
“Veterans often make ideal franchisees, thanks to their strong leadership skills and abilities to work inside complex systems,” says Jason Feifer, editor in chief of Entrepreneur. "We’re proud to highlight the franchisors that best connect with and support veterans, as they pursue the opportunity to own their own business."
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
Own a franchise with CGI
Color Glo International Ranked On Franchise Times Top 200+
The Franchise Times Top 200+ is the most comprehensive ranking of the 500 largest U.S. franchise systems. It is backed by more than 20 years of research and is said to be the only objective ranking available for franchise systems.. Color Glo International has ranked #104 in Franchise Times Top 200+.
Color Glo International® Ranked On Franchise Times Top 200+
The Franchise Times Top 200+ is the most comprehensive ranking of the 500 largest U.S. franchise systems. It is backed by more than 20 years of research and is said to be the only objective ranking available for franchise systems.. Color Glo International has ranked #104 in Franchise Times Top 200+ (see page 35).
Some words from Franchise Times
Expert: Each year we deploy seven researchers and reporters for a five-month process to collect, verify, and analyze the numbers.
• Credible: Franchising is all we cover all year round, enhancing the credibility of the Franchise Times Top 200+.
• Reader-friendly: NEW this year! We’ve grouped all 500 companies into industry categories, so readers can easily compare top, middle and bottom performers.
Their methodology
The Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year’s performance.
In a five-month research process and building upon a database that began in 1999, their research team uses a combination of companies’ voluntary reports and publicly available data, including the franchises’ most recent franchise disclosure documents and Securities and Exchange Commission filings.
The Franchise Times research team spends months compiling information for the rankings, the five-year sales history graphs, Top 10 lists, and industry subcategories, and then reconciling to ensure all published data is accurate and all estimates are based on a solid sales formula.
At Color Glo International, we are proud to rank on this list of global franchise systems.
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.
See the Franchise Times Top 200+
Contact
Mandi Brandon
mandi@colorglo.com