LUCAS – Town Money Saver (TMS) nabbed its fourth franchising honor of 2018, ranking among the nation’s best 100 franchises under $50,000, according to Entrepreneur magazine.
The Lucas-headquartered business ranked No. 59 in the publication’s list.
The Top 100 Franchises under $50,000 rankings were released in Entrepreneur magazine’s most recent Startups issue.
“This is the second consecutive we’ve been recognized,” said Town Money Saver President Bill Zirzow, “and we can’t begin to describe how honored we are.”
This achievement marks the seventh time TMS has been recognized in the franchising industry in the past two years.
“Our goal has always been to provide affordable, effective advertising that offers the best possible return on investment to local businesses.,” Zirzow said. “That’s what we strive for, what we work for, and being recognized with these kinds of awards helps us know we’re doing something right.”
Operating for more than 25 years, TMS currently serves more than 150 communities in the five states with a monthly circulation of over 2.2 million.
In addition to being included in Entrepreneur’s Best 100 Franchises under $50,000, Town Money Saver was ranked No. 475 in Entrepreneur magazine’s annual Franchise 500 for its exceptional performance in areas including financial strength and stability, size and growth rate, brand power, costs, and fees.
The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
“This year’s Franchise 500 ranking features both up-and-comers who bring fresh ideas to an ever-changing industry, as well as savvy stalwarts that have thrived for decades. We are proud to highlight and celebrate them all,” said Jason Feifer, editor in chief of Entrepreneur. “Our results show that the industry is strong—and that the most enduring franchisors are those who learn to balance innovation with reliability. That’s how to attract new customers while keeping the old ones happy.”
TMS also was recognized as a top franchise opportunity for 2018 and a top 100 franchise system for veterans by Franchise Business Review this year.
“Right now is the best time to become a Town Money Saver franchisee,” Zirzow said. “Between our Performance Awarded Franchise Opportunity and the national shop local trend, our franchisees, veteran and rookie, are finding local businesses are in need for easy and affordable advertising solutions so they can compete with bigger brands, and that’s precisely what we offer.”
TMS’s Performance Awarded Franchise Opportunity is a system that gives prospective franchisees the ability to earn a franchise without fees.
For information about a Town Money Saver, call 800-481-8696 or visit tmsfranchising.com.