More than a dozen home care companies appear on this year’s Entrepreneur magazine Franchise 500 list, but fewer cracked the rankings than last year.
Right at Home repeated its 2017 showing as the highest-ranked home care franchise opportunity, coming in at No. 49. The Omaha, Nebraska-based company was No. 55 last year. It has about 475 U.S. franchises and about 80 outside the United States.
“We couldn’t be more pleased to receive this high ranking on such a reputable list from a top business publication,” Pat Boyd, vice president of marketing at Right at Home, said in an emailed statement to Home Health Care News. “We are continuing to provide clients with care that can be trusted across the world, and we are always looking for franchisee partners and caregivers who want to join our growing team.”
These are the home care franchise companies appearing in the top 100 of the 2018 edition of the list, which Entrepreneur has now compiled for 39 years:
49. Right at Home
50. Nurse Next Door
65. FirstLight Home Care
74. Visiting Angels
75. BrightStar Care
Interim HealthCare just missed the top 100, at No. 102.
Overall, 16 home care franchise companies appear on the list this year, compared with 22 last year. For the 2018 list, competition was fierce, with the number of submissions exceeding 1,000 for the first time, according to Entrepreneur. To create the rankings, the magazine weighs “five pillars”: costs and fees; size and growth; support; brand strength; and financial strength and stability.
The top-ranked franchise opportunities overall are global behemoths McDonald’s, 7-Eleven and Dunkin’ Donuts.
View the complete list.
Written by Tim Mullaney