Independent Research Data Shows Veteran Franchise Owners Are Highly Satisfied with Supporting Strategies’ Performance Through Pandemic
Beverly, MA – Supporting Strategies was identified by independent research firm, Franchise Business Review, as being one of just 80 franchise brands to be named an award-winning franchise in its 2020 report on the Top Franchises for Veterans.
Supporting Strategies is an outsourced bookkeeping and controller services provider that enables growing business owners to focus on their core business. Supporting Strategies has developed a proven, scalable business model with highly automated systems and processes to deliver cost-effective bookkeeping and controller services. With a low overhead and variable cost delivery model, franchisees are able to closely match costs to revenues.
Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the companies on the list of the best franchises for veterans, Franchise Business Review analyzed data from over 2,500 franchise owners, representing more than 240 brands regarding their overall satisfaction with their brands and their likelihood to recommend them to others.
Supporting Strategies’ franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
“The reality is that two-thirds of the thousands of franchise opportunities available today are simply average or below average opportunities,” said Eric Stites, founder and CEO of Franchise Business Review. “That’s the whole reason we do what we do. Franchise Business Review is like the Consumer Reports of the franchise world. We help prospective small business owners understand which franchises are the best opportunities—based on the actual experiences and satisfaction of other franchise owners. The 80 companies named in this year’s report received the highest ratings from the veterans who own them on our independent satisfaction survey.”
Supporting Strategies’ survey data showed the following:
- Overall Supporting Strategies received a “very good” rating from its franchisees and the franchisees rated the Team Culture and Leadership as “very good.”
- Franchisees gave Supporting Strategies an “excellent” rating for the category “core values as a company.”
- Franchisees gave a rating of “very good” for Franchise Community support.
“I personally know so many small business owners who are scrambling to stay afloat this year,” said Franchise Business Review President Michelle Rowan. “But the best franchise companies – like those on this year’s list of the Top Franchises for Veterans – really stepped up support for their franchisees and helped them navigate through all the challenges of 2020. The beauty of owning a franchise is “you are in business for yourself, but not by yourself.”
About Supporting Strategies
Supporting Strategies provides outsourced bookkeeping services, controller services and operational support to growing businesses. Since 2004, our locally owned and operated offices have served thousands of companies, helping business leaders free up their time, focus on their core competency and streamline their business. Our experienced, U.S.-based professionals use secure, best-of-breed technology and a proven process to deliver a full suite of services, including accounts payable, accounts receivable, bookkeeping, financial analysis, payroll administration and more. For more information, please visit supportingstrategies.com.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures satisfaction and engagement of franchisees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,100 leading franchise companies. To read our publications, visit https://franchisebusinessreview.com/page/publications/. To learn more about FBR’s research, please visit www.FranchiseBusinessReview.com
Director of Marketing
Franchise Business Review