Synergy Cracks The Franchise 50

Franchise Wire:

‘After normal business hours’ is a foreign concept to Synergy HomeCare. Synergy provides in-home, non-medical care on any day at any hour, catering to their clients when they are needed the most, not just when it is convenient. This above-and-beyond philosophy has not gone unnoticed. In fact, Synergy HomeCare was just ranked number 3 in Franchise Business Review’s second-annual Franchise 50 Awards.

The Franchise 50 Awards are an annual ranking of franchise companies by their level of franchisee satisfaction. The awards recognize the Top 50 franchise companies with the highest levels of overall franchisee satisfaction, as well as Best in Category and Honorable Mention awards in 16 industry categories.

For a prospective franchise buyer, the Franchise 50 is perhaps the most important resource to consider when deciding which company to invest in. The Franchise Business Review, a market research firm, compiles the survey responses from thousands of franchisees across the country. Each survey consists of 40 questions: the first 20 are specific to the franchisees’ satisfaction with their franchise system and the second 20 focus on market area, business lifestyle, demographic and personal skills questions. Since these answers are coming from actual franchisees, potential investors get a first-hand, unbiased look at each company. Companies were ranked based on a formula taking into account each company’s average survey scores, system size and rate of franchisee participation.