In 2015, we were thrilled to be ranked in Franchise Business Review's Top 50 for Franchisee Satisfaction for the tenth consecutive year. For 2016 we are not only happy to be on that list yet again, but this time we are ranked as the #1 Franchise System in the Child Services Category! This is an honor we've had several times before during our now eleven year run, but with the level of competition increasing in this category, getting the acknowledgement is extra special this year. The satisfaction scores we received are based on direct franchisee feedback on our system and objectively compared to other systems in the same service category and the franchise industry as a whole.
Persistence, resilience, tolerance for risk, and courage are all qualities you need to be a successful business owner, or in our case, a franchisee. The reality is that you need all of these, but which is most important? A survey of our JumpBunch franchisees revealed opinions that broke out in the following way.
Many entrepreneurs opt to franchise a business rather than starting from scratch. The security of a proven business model combined with the support and resources offered makes it very appealing. However, it is important to remember that even franchise businesses can be risky if the decision is made without a lot of thought and planning. It’s easy to avoid being guilty of the common mistakes that a lot of entrepreneurs make, if you keep the following tips in mind:
The children’s sports and fitness franchise industry is offers many different opportunities to choose from. It’s important to identify the strengths and weaknesses of all the options before you make your final choice. Some enrichment programs serve a narrow age group or offer just one sport or a limited range of activities. This can leave owners with few options to build their business, react to market changes or best serve their local demographics. On the other hand, no business should try to be “all things to all people.” Great franchisers recognize their core strength and build on it to give owners the flexibility to succeed in diverse markets and across changing economic times.
We’re proud to announce that JumpBunch has earned a spot in Franchise Business Review’s (FBR) Top 50 Franchise Satisfaction Rating for the 10th Year in a row. JumpBunch CEO Tom Bunchman said, “We are so proud to have earned our place in the Top 50. Having ranked for ten years in a row is a big accomplishment for our team as it speaks to the positive work we’re doing to support our franchise owners. It’s also a testament to how happy our franchisees are with all aspects of their business.”