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Friday, Mar 01, 2019
Senior Care Authority Makes Debut on Prestigious Franchise 500 List
ElderCare Consulting Company Ranked Among World’s Top Franchisors
Senior Care Authority, a national chain of highly-trained senior care experts, recently made its debut in Entrepreneur magazine’s Franchise 500, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500 is a highly sought-after honor in the franchise industry, as evidenced by the fact that Entrepreneur received more than 1,000 applications this year, making it one of the company’s most competitive rankings ever.
Recognized as an invaluable resource for potential franchisees, the Franchise 500 ranks Senior Care Authority as #404 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. The company was the only franchise ranked providing both Senior Placement and ElderCare Consulting. This year’s debut on the Franchise 500 comes after a #27 ranking on the 2017 Hot, New Franchises list, and #132 on the 2018 Fastest-Growing Franchises list, all by Entrepreneur magazine.
“We are thrilled to be listed on the Franchise 500 list this year!” said Founder and CEO Frank Samson. “Over the last three years Entrepreneur magazine has consistently recognized Senior Care Authority as an industry leader and a top choice for entrepreneurs looking for a franchise opportunity that serves a growing population, providing both personal and financial gratification.”
The key factors that go into the evaluation of the Franchise 500 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. Over its 40 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Senior Care Authority’s ranking is a testament to its strength as a franchise opportunity.
“As we celebrate 40 years of producing the Franchise 500, it’s a good opportunity to step back and look at how much has changed since that first ranking in 1980,” says Jason Feifer, editor-in-chief of Entrepreneur. “While the franchise business model has changed little, the strongest franchise brands are constantly evolving and innovating to keep up with changing trends and technology.”
To view Senior Care Authority in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2019 issue of Entrepreneur, available on newsstands January 15th.
About Senior Care Authority
Senior Care Authority® is a Senior Placement and ElderCare Consulting organization based in Petaluma, California. Founded in 2009, the franchise serves 60 areas in 17 states. Senior Care Authority consists of a national network of professionally trained and experienced local advisors. These advisors assist families with the overwhelming challenges associated with selecting the best options in assisted living, memory care, skilled nursing care, and other long-term care services. The company also landed on Entrepreneur’s Top 500 New Franchises list in 2017 and 2018.