Entrepreneur magazine
January 2024

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January 2024

Entrepreneur | January 2024
January 2024
Entrepreneur Magazine
Franchise 500 Annual Ranking

How Entrepreneur Ranked This Year's Franchise 500, and the Big Trends We Saw

We measure all kinds of metrics to determine the holistic health of the franchises on our list, but this year we paid particular attention to certain data points.

Science & Technology

5 Tech Tools That'll Wow Your Inner Circle in 2024

These items help you hit deadlines while being easy on the eyes.

Growing a Business

The Biggest Threat to Your Boundaries Isn't Your Boss or Family — There's Someone Else You Need to Face First

It's hard to draw a line in the sand, but it doesn't have to be.

Entrepreneur magazine

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Business Ideas

3 Things Your Business Idea Must Have To Succeed — as Proven By Famous Harvard Business School Startups

There are different ways to come up with business ideas, but the successful ones share these factors.

Leadership

This Billionaire Investor Says Most Founders Focus on the Wrong Question — Which Can Be Deadly

Thomas Tull wants founders to move with "velocity," and says too many of them let one preoccupation slow them down.

Growing a Business

This Couple Ignored the Common Wisdom of the Jewelry Industry, And Started Making $100 Million a Year

Aditi and Agkur Daga were told that their founding concept would never work, and at first, they listened. But they took a risk, and reversed course.

Franchise 500 Annual Ranking

This One Thing Is the Secret to Hampton by Hilton's 40-Year Reign In the Hotel Industry

Hampton by Hilton has ranked in the Top 10 of our Franchise 500 for the ninth time — and the brand is still relying on something that's been there from the beginning.

Franchise 500 Annual Ranking

How Kumon Maintained Its Spot As the Top Education Franchise In the Country

This year marks Kumon's 23rd year at the top of its category, and its fourth consecutive year in the Top 10. Its consistent success underscores its resilience and ongoing appeal in the educational sector.

Franchise 500 Annual Ranking

Popeyes Is Going Global — And Its Secret International Recipe Is Helping the Brand Sizzle Here At Home

The fast food chicken giant transformed U.S. franchises with lessons from abroad, climbing the ranks in the Franchise 500 with its unique blend of innovation and tradition.

Franchise 500 Annual Ranking

Why Taco Bell's New Boss Says He's 'Not the Dictionary Definition of a CEO'

Taco Bell continues its reign atop the Franchise 500 under innovative leadership that defies traditional norms, paving the way for a new era in fast food excellence.

Franchise 500 Annual Ranking

I Was a Franchisee, and Now I'm a Franchisor. Here's My Parting Advice to New Franchisees.

Step one: Ask yourself what kind of lifestyle you want.

Franchise 500 Annual Ranking

'There's an Inevitability' that AI Will Transform the Franchise Industry. Here's How It's Already Happening.

From drive-thru assistants to local marketing campaigns, franchisees and franchisors are already busy putting AI to work.

Franchise 500 Annual Ranking

These 3 Critical Factors Determine Whether Franchisees From the Same Brand Will Flourish or Flounder

Nearly two decades of observing the franchise industry has helped me identify a formula that informs how successful a franchisee will be.

Franchise 500 Annual Ranking

What Does A Franchise's Opening Day Look Like? We Sent A Photographer to Capture It — Nerves and All

Follow the journey of Michael and Rebecca Son on their opening day with StretchLab.

Franchise 500 Annual Ranking

What It's Really Like to Become a Franchisee: Expectations vs. Reality

A recent survey in partnership with Franchise Business Review provides unfiltered perspectives from new franchisees, shedding light on the realities of starting and operating a franchise.

Franchise 500 Annual Ranking

These 5 Brands Are Conquering the Franchise Industry at Warp Speed. Here's Why.

Every year, we look at the franchises that jumped the most spots on our Franchise 500. Here's what they're doing right.

Franchise 500 Annual Ranking

This One Menu Item Turned Arby's Into a Top Contender In the Fast Food Scene

The brand breaks into the Franchise 500 Top 10 on the strength of its game-changing Wagyu Burgers, reimagining the classic American meal and cementing its place as a culinary innovator in the fast food space.

Franchise 500 Annual Ranking

Culver's Is Punching Way Above Its Weight In the Fast Food World, Thanks to This Unique Growth Strategy

Despite being much smaller than its competitors, Culver's landed at #6 on this year's Franchise 500 by making deliberate decisions and a series of innovations.

Franchise 500 Annual Ranking

Ace Hardware's Major Investment in This Underused Marketing Strategy Reaped Huge Returns

Ace Hardware's recent outreach strategy is not just winning over customers but is also attracting a record number of prospective franchisees — And it landed the brand at #5 in this Year's Franchise 500.

Franchise 500 Annual Ranking

Dunkin' Brews Up Cross-Generational Buzz With This Odd Celebrity Pairing

The brand's recent campaign featuring a Gen X actor and a Gen Z rapper is winning over customers of all ages, and helped land them at #6 on this year's Franchise 500.

Franchise 500 Annual Ranking

Jersey Mike's Grew From Hometown Hero to National Powerhouse By Adopting This Mindset

The brand, number two on the Franchise 500, is now poised to grow internationally by bringing its close-knit, neighborhood deli-feel to the world.

Franchise 500 Annual Ranking

These Two Factors Are Leading the UPS Store's Rapid Expansion

The UPS Store holds steady at #4 on the Franchise 500 for the second straight year, by relying on two key intangibles.

Leadership

5 Disasterous Situations You Could Face As a Leader In 2024 — And How to Survive Them, According to Experts

From toxic remote workplaces to economic insecurity and global disasters, there's a lot to worry about. But you can be prepared.

Growing a Business

What to Do When You Fail to Live Up to Your Own Expectations

My product launch was a failure. But here's why that became a good thing.

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