Assisting Hands® Home Care Ranked In Entrerpeneur’s First-Ever List Of Top Franchise Brands For Multi-Unit Owners

Nampa, ID August 11, 2023 – Assisting Hands has been recognized in Entrepreneur’s inaugural ranking of the Top Brands for Multi-Unit Owners. The ranking, which appears in the July/August issue of Entrepreneur magazine and on Entrepreneur.com, identifies the brands with the most appeal for prospective franchisees interested in multi-unit ownership as well as existing franchisees looking to expand their portfolios.

“It’s truly an honor for us to be recognized on this list. We consider this accolade to underscore our relentless commitment to creating a franchise system that is not just profitable but scalable and supportive for our partners,” said Tyler Moss, Chief Financial Officer.  He went on to explain that Assisting Hands prides itself on fostering an environment where multi-unit owners can thrive and grow. “Being acknowledged in this esteemed list is a testament to the hard work and dedication of our entire team and to our incredible community of franchisees for their unwavering trust in our brand.”

According to franchise research and advisory firm FRANdata, 53.2% of all franchise units operating in the U.S. last year were owned by multi-unit owners. To determine the top brands for multi-unit ownership, Entrepreneur asked franchisors a few relevant questions: Do they offer discounts to franchisees purchasing multiple units? What percentage of their franchisees own multiple units? What percentage of their brand’s total units are owned by multi-unit franchisees? What is the average number of units owned by each franchisee? And finally, do they only sell multiple units or master licenses? They also factored in each company’s Franchise 500 score, which is based on an analysis of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial stability.

“Entrepreneur‘s lists reflect the state of the franchise industry—and there is perhaps no greater story than the power of the multi-unit franchisee,” says Jason Feifer, editor-in-chief of Entrepreneur magazine. “The industry is increasingly embracing them as motivated, knowledgeable, capable operators, and it’s no wonder that brands are now competing for these great multi-unit owners’ attention.”

To view Assisting Hands in the 2023 Top Brands for Multi-Unit Owners list, pick up the July/August issue of Entrepreneur magazine on newsstands on July 18^th, or find the list online at https://www.entrepreneur.com/franchises.

About Assisting Hands

Assisting Hands provides seniors and others needing non-medical assistance at home, with the option that most people prefer – to remain in their own homes. With a scalable business model that can grow with the professional and financial needs of their franchisees, Assisting Hands has grown to over 96 franchisees covering 196 territories in 27 states and takes pride in their family-like culture. They provide ongoing support, comprehensive training, site visits, and full-service marketing support.

 

Media Contacts:

Daniel Durney, Director of Franchise Development

[email protected]

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