CLEARWATER, Fla. – Murphy Business & Financial Corporation announced today that it has been named to Entrepreneur magazine’s Franchise 500® list, considered the world’s first, best and most comprehensive franchise ranking.
The prestigious award validates the progress the company has made in the past year. In 2017, Murphy Business opened multiple offices across the nation. The business brokerage company is determined to continue its steady growth in 2018, with new openings planned for the first quarter this year and several others to follow.
“We are honored to receive this ranking,” said Tom Coba, president and CEO of Murphy Business & Financial Corporation. “We look forward to building upon this growth in 2018, as we form new relationships, expand into new markets, and offer our existing franchisees continued support.”
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,” says 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.”
Murphy Business permits entrepreneurs the opportunity to individually operate locally or as an office with a team of business brokers. The corporate office offers all franchisees with continuous support and a solid foundation as a result of its comprehensive training plan.
With more than 170 offices in the United States and Canada, Murphy Business & Financial Corporation is North America’s leading, full-service business brokerage firm. Offering entrepreneurs unit franchisee operating models, the Murphy Business home office supports the franchisees and their agents with extensive training, along with initial and ongoing marketing efforts that leave Murphy Business owners to focus on the most important part of their business – spending more time with their clients.
Over its 39 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Murphy Business & Financial Corporation’s position on the ranking is a testament to its strength as a franchise opportunity.
To view Murphy Business & Financial Corporation in the full ranking, visit www.entrepreneur.com/franchise500.
To learn more about Murphy Business & Financial Corporation, visit: https://murphybusiness.com.
For more information about available franchise opportunities, visit: www.murphyfranchise.com.
About Murphy Business & Financial Corporation LLC
Clearwater, Florida-based Murphy Business & Financial Corporation LLC is a full-service business brokerage firm facilitating business sales, purchases, consulting, valuations, mergers and acquisitions. Closing deals at a higher ratio than the business brokerage industry average, several accolades have been bestowed upon the company including being recognized as one of Franchise Business Review ‘s Top 50 Franchisee Satisfaction Award Winners for ten consecutive years.
About Entrepreneur Media Inc.
For nearly 40 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.
To learn more, visit entrepreneur.com.