Sir Speedy Ranked as Top Franchise in Entrepreneur’s Highly-Competitive 42nd Annual Franchise 500®
Sir Speedy recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Sir Speedy as 314 for its outstanding performance in areas including unit growth, financial strength and stability and brand power.
“This ranking is a true indication of the dedication and commitment of each franchisee and the incredible work that they produce for their clients,” said Franchise Services, Inc., parent company to Sir Speedy, President and COO Richard Lowe.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
Sir Speedy locations were deemed essential during the COVID-19 pandemic allowing the businesses to remain open and available to provide services to other companies. During this time, many locations were innovative in their approach working with businesses in need to enhance signage, offer personal protective equipment (PPE) supplies, social distancing labels, and other marketing fundamentals.
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include 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.
Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Sir Speedy’s position on the ranking is a testament to its strength as a franchise opportunity.
About Sir Speedy
Sir Speedy is a print, signs and marketing services provider that specializes in the creation and execution of growth-oriented solutions for small- to medium-sized businesses. Through a worldwide network of independently owned and operated franchises and affiliates Sir Speedy offers robust digital and offset printing, variable printing, interior and exterior signage, direct mail and fulfillment services, finishing and binding, promotional products, graphic design, tradeshow and event marketing, and websites, including online storefronts. Advanced solutions include integrated marketing campaigns, labels, packaging, video assistance, social media and mobile marketing. For more than 50 years Sir Speedy has led the industry by offering innovative solutions that help our customers communicate better.