FASTSIGNS Named a Top Franchise for Veterans in National Franchisee Satisfaction Survey
Categories: NewsLeading Global Sign, Graphics and Visual Communication Franchisor Praised by Franchise Business Review for Commitment to Military Veterans
CARROLLTON, TEXAS – FASTSIGNS International, Inc., the worldwide franchisor for more than 590 FASTSIGNS® sign, graphic and visual communications centers, has placed for its 5th consecutive year inFranchise Business Review’s (FBR) respected list of Top 100 Franchises for Veterans. This is the only list of top franchises for veterans that is based solely on survey data from those who know best – veterans who own them.
The Top 100 Franchises for Veterans list is compiled based off surveys distributed to existing veteran franchisees focusing on satisfaction and performance. This year, the report included approximately 3,047 veteran franchisees, representing 285 franchise brands with veterans in their system. The survey featured 33 benchmark questions ranking franchisors in various areas, such as financial opportunity, training and support, leadership, operations and product development, core values, general satisfaction and the franchisee community. It also included 16 additional questions surrounding market area, demographics, business lifestyle, etc.
“The FASTSIGNS Veterans Program is our way of saying ‘thank you’ to our military veterans,” stated Catherine Monson, CEO of FASTSIGNS International, Inc., noting that FASTSIGNS offers veterans the most comprehensive support and financial incentives available in the signage and visual graphics industry. “In addition to a 50 percent discount on our franchise fee, when veterans join the FASTSIGNS family, they receive peer-to-peer support in every aspect of the business through our mentorship program. More than 10 percent of our U.S. network are military veterans, and we would like this percentage to continue rising.”
Over the past year, FASTSIGNS has also been recognized by USA Today, G.I. Jobs magazine and Military Times magazine as one of the top franchises for military veterans due to the company’s financial discounts, corporate support and outstanding growth. As members of the International Franchise Association’s (IFA) VetFran program, FASTSIGNS actively helps veterans find business opportunities. Veterans joining the FASTSIGNS family are provided with a 50 percent reduced franchise fee of $22,250 and reduced royalties for the first twelve months. FASTSIGNS is the only franchise in its industry to offer a 50 percent discount to any veteran, without stipulations. Additionally, with more than 400 markets available, veterans have the opportunity to open a FASTSIGNS center in their ideal market.
“FASTSIGNS’ commitment to the success of each of its franchisees has not only won it a spot in our Top Franchises for Veterans Report for five years in a row, but has resulted in it being one of only a handful of companies that are a member of the Franchise Business Review Hall of Fame,” says Michelle Rowan, president & COO of Franchise Business Review. “To become a member, a brand must be featured on our Best of the Best Top Franchises list for 10 consecutive years.”
Similar to the Top 100 Franchises for Veterans list, to be considered in FBR’s lists franchisors must participate in its free benchmark franchisee satisfaction survey. FASTSIGNS was reviewed recently by 44 percent of its franchise system and received an overall rating of 4.2 out of 5. This ranked the franchise No. 14 in FBR’s Top 50 Franchises list, No. 10 in its list of franchise systems with more than 250 units and No. 2 in the business services category.