Franchise Times Unveils Game-Changing Ranking of Fast-Growing Franchise Brands
- Franchise Times unveiled a groundbreaking ranking of fast-growing franchise brands known as the Fast & Serious Project.
- The project was created by Controller Matt Haskin, who developed a sophisticated 10-point formula to analyze data from 10 key metrics over a three-year period.
- The project focused on franchise systems with systemwide sales exceeding $40 million and only included companies that provided data for three consecutive years, redefining the benchmark for franchise rankings.
The brains behind this operation, Controller Matt Haskin, devised a sophisticated 10-point formula to meticulously analyze data from 10 key metrics over a three-year period. From percentage sales growth to dollar sales growth, the formula leaves no stone unturned in identifying the most promising players in the franchising game.
Harnessing the power of the Franchise Times Top 400 database, which focuses on the biggest players in the field by revenue, the Fast & Serious Project zeros in on companies with systemwide sales exceeding $40 million. Only those brave enough to provide consecutive data for three years made the cut for this in-depth analysis.
Redefining the benchmark for franchise rankings, the Fast & Serious Project offers a refreshing take on sustainable growth in an industry often characterized by flash-in-the-pan successes. So next time you ponder which franchise brand is truly on the rise, look no further than this game-changing ranking. It's serious, it's fast, and it's here to stay.
Key Facts:
| Ranking Initiative Name | Fast & Serious Project |
|---|---|
| Initiative Purpose | To identify franchise systems with long-term staying power |
| Analysis Process | Sophisticated 10-point formula analyzing 10 key metrics over a three-year period |
| Data Focus | Utilized Franchise Times Top 400 database focusing on companies with systemwide sales exceeding $40 million |
| Criteria for Inclusion | Companies providing consecutive data for three years |
| Industry Impact | Redefining franchise rankings with a focus on sustainable growth |
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