Brightway Insurance has been named to Entrepreneur magazine’s Franchise 500 list for the ninth year and fifth consecutive year. Brightway was ranked 153 on the list – up 37 places from last year’s ranking – for its performance in areas such as unit growth, financial strength and stability, and brand strength.
“We are delighted to once again be included in Entrepreneur’s prestigious Franchise 500 and look forward to continuing to expand the brand this year,” said Mark Cantin, President and CEO of Brightway. “Brightway has been extremely successful in 2021 and we look forward to continuing our national expansion this year as we invest in new resources that will enable franchisees to fulfill their potential.”
The entrepreneur compiles the Franchise 500 list by researching and evaluating factors including the company’s costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a score based on an analysis of more than 150 data points, and the 500 franchises with the highest total scores are recognized on the list.
Next read: Private equity firm acquires majority stake in Brightway Insurance
“The past year has been one of the most challenging for businesses in recent memory, which made compiling our 43rd annual Franchise 500 list more insightful than ever,” said Jason Feifer, Editor-in-Chief of Entrepreneur. “The companies included in this year’s list have shown us how resilient, supportive and agile it can be to meet extraordinary challenges, and also underscores the determination and innovation that defines entrepreneurship.”