Stratus Building Solutions Recognized by Entrepreneur

By: Stratus Building Solutions | 0 Shares 84 Reads

August 02, 2023 // Franchising.com // LOS ANGELES, California - Stratus Building Solutions is having a banner year in 2023, achieving another important industry ranking: Top-Home Based & Mobile Franchises. The recognition is part of the annual Entrepreneur Franchise 500® ranking.

"Franchising options are always evolving and being able to offer a mobile version of our franchise is something we know is popular with franchisees," says Doug Flaig, President of Stratus Building Solutions.

Companies on this list are ranked based on how they scored in the 2023 Entrepreneur Franchise 500 evaluation. 1,321 brands applied for this year's listing, representing a total of 646,484 units opened and operating as of July 31, 2022, with 38 percent of brands making the ranking.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer.

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.

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