Global Shipping and Logistics Franchise Recognized for Consistent & Positive Unit Growth
September 28, 2020 // Franchising.com // South Jordan, Utah – InXpress, the global business-to-business shipping and logistics franchise, was recognized in Entrepreneur Magazine’s first official list of “Top Growth Franchises.” InXpress was ranked No. 129 out of only 150 companies with the greatest positive franchise unit growth in North America over a three year period, based on data submitted for Entrepreneur’s Franchise 500® ranking.
To determine the 2020 Top Growth Franchises ranking, Entrepreneur looked at each company’s U.S. and Canadian franchise numbers over a three-year period (from July 2016 to July 2019; given the rapid changes, COVID-19 impacts weren’t taken into account). In order to qualify, companies had to have positive growth of at least five units each year. They were ranked based on a formula that considers their total positive U.S. and Canadian franchise growth over the three years as well as factors that negatively affect growth, such as terminations, nonrenewals, and other closures. The ranking debuted online and in the September issue.
“We take pride in our intentional, sustainable franchise growth because we make sure our franchisees have what they need to succeed,” said Dustin Hansen, CEO of InXpress Americas. “Our growth year after year continues to attract entrepreneurs who are seeking healthy franchise systems with established tools to set them up for success. In fact, we’re on track to end the year with 30 new franchise agreements and expect to double that in 2021.”
To read the full announcement, click here.