Supporting Strategies Named a Most Profitable Franchise of 2022 by Franchise Business Review
This originally appeared on supportingstrategiesfranchise.com
Supporting Strategies Is One of Just 50 Franchises to Be Recognized for Strong Financial Performance and High Franchisee Satisfaction Based on Research from Over 30,000 Franchise Owners
Beverly, MA – Supporting Strategies was recognized by Franchise Business Review as one of only 50 franchise brands to be named an award-winning franchisor in its 2022 report on the Most Profitable Franchises.
Supporting Strategies provides outsourced bookkeeping, accounting, and back-office operations services to growing businesses. Since 2004, their locally owned and operated offices have served thousands of companies helping business leaders free up their time, focus on revenue growth, and gain peace of mind with clear financial data. With a low overhead and variable cost delivery model, franchisees can closely match costs to revenues.
Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the award-winning companies on the list of this year’s Most Profitable Franchises, Franchise Business Review analyzed data from over 30,000 franchise owners representing more than 300 brands regarding their overall satisfaction with their brand and their likelihood to recommend it to others. Other factors include annual income of franchise owners and minimum startup capital requirement.
“Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business,” said Eric Stites, founder and CEO of Franchise Business Review. “If you take the time to do your research, you have a much better chance of finding a franchise that offers both a strong financial opportunity, as well as extremely high satisfaction among their franchise owners. Our goal is to provide an independent rating of franchise opportunities from the perspective of current franchisees. The companies on the list of the Most Profitable Franchises offer a better than average shot at growing your income and received the highest ratings on our independent franchisee satisfaction survey.”
Supporting Strategies franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity. Supporting Strategies’ survey data showed the following strong results:
- Overall franchisee satisfaction
- Core values as a company
- Financial opportunity including long-term growth potential
- Franchise community support
“Supporting Strategies is pleased to be named to the Most Profitable Franchise of 2022 list. Our business model has always closely tied expenses to revenue, allowing our franchisees to gain profitability quickly. This is key to the long-term growth opportunity our franchisees experience.” said Leslie Jorgensen, Supporting Strategies Founder & CEO.
Visit www.FranchiseBusinessReview.com to see the full description of the 2022 Most Profitable Franchises.
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About Supporting Strategies
Supporting Strategies provides outsourced bookkeeping, accounting, and back-office operations services to growing businesses. Since 2004, our locally owned and operated offices have served thousands of companies, helping business leaders free up their time, focus on revenue growth, and gain peace of mind with clear financial data. Our experienced, U.S.-based professionals use secure, best-of-breed technology and a proven process to deliver a full suite of services without the overhead of a full-time accounting department. Our flexible packages let you select the services you need at a fair and predictable monthly cost and the option to add services as your business scales. For more information, please visit supportingstrategiesranchise.com.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and franchise employees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,200 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.
Media Contacts:
Erica Mitchell
Director of Marketing
617-831-1404
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Franchise Business Review
Ali Forman
Marketing Director
603.319.4818
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