Marking their sustained success in a competitive franchise industry, PrideStaff, a national, franchised staffing organization, is pleased to announce that they were named a top 500 franchise by Entrepreneur for the ninth year in a row. PrideStaff has made the Franchise 500® List each year since 2013 and is ranked number 378 this year.
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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. A field of 1,116 companies vied for a spot on the 42nd annual Franchise 500 ranking, making this year’s field the most competitive yet.
“We are thrilled and especially thankful this year to be ranked a top franchise by Entrepreneur,” said PrideStaff Vice President of Franchise Development, Paula Pizarro. “Though last year certainly had its ups and downs, PrideStaff’s proven franchise model, industry-leading technology and amazing leadership allowed us to create exceptional customer experiences, capitalize on emerging opportunities, and thrive in a volatile economy.
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“PrideStaff continues to make the Franchise 500 list each year by being a recognized leader within a robust industry,” continued Pizarro. “Ranking among the top 1% of organizations for customer satisfaction, while also maintaining our position among Entrepreneur’s elite, is a testament to our strength as a franchise opportunity.”
The success of PrideStaff’s approach is evident, as they consistently rank among the highest 1% of staffing firms in the industry. According to ClearlyRated, a business intelligence firm specializing in the staffing industry, PrideStaff earned a client Net Promoter® Score (NPS) as high as or higher than other well-known brands that are recognized for providing best-of-best service and customer loyalty in their respective fields.
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