Creative World Schools Named to Franchise Business Review’s 2024 Culture100 List
June 25, 2024Creative World School Named One of the Most Profitable Franchises of 2024
Creative World School has been recognized as one of the most profitable franchises of 2024 by Franchise Business Review. This honor places Creative World School among an elite group of just 75 franchises celebrated for their strong financial performance and high franchisee satisfaction.
Franchise Business Review, a respected franchise market research firm, is known for its independent surveys that rank franchises based on actual franchisee satisfaction and performance. The company’s rankings are highly regarded because they focus solely on feedback from franchise owners. This year, Franchise Business Review’s analysis included insights from nearly 35,000 franchise owners representing 365 brands.
To determine the most profitable franchises of 2024, Franchise Business Review evaluated various factors such as franchise owner satisfaction, likelihood to recommend the brand, annual income, and startup capital requirements. Creative World School stood out in these areas, demonstrating strong results that contributed to its place on the prestigious list.
Eric Stites, founder and CEO of Franchise Business Review, emphasized the importance of thorough research before investing in a franchise. “Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business. The companies on the list of the Most Profitable Franchises offer a better-than-average shot at growing your income and received the highest ratings from current franchise owners on our independent satisfaction survey,” Stites explained.
Creative World School franchisees were asked about their experiences in key areas such as training and support, operations, relations with the franchisor, and financial opportunities. The results reflected high levels of satisfaction across these areas, highlighting the strength of the franchise system.