We are thrilled to announce that Pillar To Post has been ranked the #1 home inspection franchise and #118 franchise overall in Entrepreneur magazine's 2014 Franchise 500®. "Entrepreneur" is the world's first, best and most comprehensive franchise measurement and ranking tool. There are over 4,000 franchises in North America and Entrepreneur shortlisted 836 of them for intensive review.
Franchise 500® recognized Pillar To Post for its exceptional performance in areas including financial strength, stability, growth rate, system size, litigation record and franchisee success rate. Pillar To Post has held the top home inspection spot for most of the last 14 years and this year's ranking at #118 is 68 spots higher than last year's ranking at #186 and 145 spots higher than being #263 the year before. The listing is published in the magazine's January 2014 issue.
"We are honored and humbled to be ranked #1 in the home inspection category and No. 118 overall," said Dan Steward, president and CEO of Pillar To Post. "This distinction reflects our ongoing commitment to excellence in all aspects of the business and the outstanding work being done by our dedicated franchisees. I am very proud of everyone in our organization."
"Without a doubt, we achieved this ranking thanks to the high-quality services and expertise provided by our franchisees, so we're glad to share the honor with them, and to have them share it with their customers and communities. This list will help keep Pillar To Post top of mind for our customers, increase brand recognition, grow the system, and drive more customers to individual businesses. It's a fantastic thing for the whole Pillar To Post family!"
Over its 35 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Pillar To Post's position on the ranking reinforces its strength in the industry.
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. An independent CPA analyzes all financial data. The most important factors include financial strength and stability, growth rate and size of the system. All franchises are given a cumulative score, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
For more information, visit Entrepreneur.com or PillarToPost.com.