MaidPro has, once again, bested its competitors by being the only maid services franchise to be named to Franchise Business Reviews annual top 50 ranking for 2014. MaidPro earns the highest ranking of any maid service overall in a comparative ranking that considers direct survey input from nearly 26,000 franchisees across 350+ brands for the second consecutive year. The results were announced recently at the International Franchise Associations 54th Annual Convention in New Orleans.
MaidPro also earned a call-out in FBRs Top Franchises 2014 Report for its recent introduction of a lower cost franchising option the MaidPro Select Model for entrepreneurs with less than $50,000 to invest. Generally speaking, we find lower-cost concepts tend to score a little better on the quality of life areas of our survey, FBR noted. MaidPros Vice President of Planning and Development Chuck Lynch said: Weve seen that lowering the minimum investment and offering additional financing has really helped potential franchisees to start a cleaning business, when in the past they would not have been able to do so.
For big trends, FBR noted that, By all accounts, 2014 is a great time to buy a franchise. Many franchise companies are coming off of their best years since 2007, franchise operators are seeing increased profitability and many economic experts have forecasted a much-improved economy.
To be named at all in FBRs annual Top Franchises Report, brands must score above a minimum benchmark for franchisee satisfaction, which is measured comprehensively across 33 different metrics, ranging everywhere from financial opportunity to the perceived honesty and integrity of franchisor. The higher the score, the higher rank.
One of the best ways to know if a franchise opportunity is really as good as it appears is to look at the companys franchisee satisfaction data, said FBR. Not all brands survey their franchisees, but those who do offer a wealth of information on the systems leadership, culture, training and support, financial outlook and franchise community.
We love winning in our industry and earning consistently high scores among the many hundreds of franchise opportunities available, said Lynch. But the real reason we participate every year in FBRs franchisee satisfaction survey is to gain objective insights into how we are performing and to give our franchisees opportunities to provide 100% open and honest feedback to us through a third party. We are a fast-growing brand, but do not want to grow at the expense of the things that have made us successful our personalized support and continuous investments in brand building, processes and systems that give our franchisees a competitive advantage. FBRs annual satisfaction survey helps us to gauge whether or not we are continuing to achieve that desired balance between growth and successful, happy franchisees.
To learn more about MaidPro franchise opportunities, visit: maidprofranchise.com/.
For Franchise Business Review’s 2014 Top Franchises report, visithttp://www.franchisebusinessreview.com/content/Top-Franchises-2014.
For Franchise Business Review’s Top 50 Report, visit http://fbr50.com.