TROY, Michigan—ComForCare, a franchised provider of in-home caregiving services, was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500. The 44th annual Entrepreneur Franchise 500 ranks ComForCare as 402 for its outstanding performance in areas including unit growth, financial strength and stability and brand power. This is the tenth year the brand has appeared on the prestigious list.
“It’s an immense honor to once again be included on Entrepreneur’s Franchise 500 list,” said J.J Sorrenti, CEO of Best Life Brands, parent company to ComForCare and At Your Side Home Care. “Our main focus in 2023 will be growing to more locations and providing support to franchisees to help them grow their outstanding caregiving teams to meet the ever increasing demand. I cannot wait to see the growth milestones we will achieve in 2023.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including 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.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”