Afterschool enrichment program ranks among the best U.S. franchise brands based on exceptional financial strength and stability, growth rate, and brand power
Online PR News – 18-January-2017 – Leesburg – Drama Kids International was recently ranked in Entrepreneur magazine's Franchise 500, the world's first, and most comprehensive franchise ranking. Recognized by entrepreneurs and franchisors as a top competitive tool of measurement, the Franchise 500 ranked Drama Kids #362 among the 3000+ franchise brands in the U.S. for its exceptional performance in areas including financial strength and stability, growth rate, and brand power.
Drama Kids is not a newcomer to the Franchise 500 rankings, which includes only the best of the over 3000 franchise brands in the U.S.
"We are once again very honored and pleased that the nation's top business magazine for current and aspiring small business owners has recognized our accomplishments and all that we offer our franchise owners. 2016 was our best year ever in terms of total unit expansion, existing franchise owner revenue increases and franchisee satisfaction," said Drama Kids' President, Charlie Kerr. Kerr also noted that Drama Kids was the 3rd highest ranking children's in-school afterschool program in this year's ranking and has also been featured in Entrepreneur magazine's Top Low Cost Franchises.
"We spend months gathering and crunching data in order to produce the Franchise 500 ranking. We're proud of the result and the way it continues to be a resource for the franchise community," says Jason Feifer, editor in chief of Entrepreneur. "Like every industry, franchising is ever-evolving and must smartly react to new technologies and consumer demands. We know it takes a lot to stay competitive, and are excited to celebrate those that do it best."
"In order to reflect the evolving business world at large, we at Entrepreneur continue to evolve our annual ranking, too," says Ryan Shea, president of Entrepreneur. "We've developed new ways to measure and analyze our collected data as new critical data points come into play. We take into account pertinent factors such as social media presence and financing availability, which have become increasingly important in today's economy. The result is a more complete and relevant Franchise 500® that can serve as a valuable resource for our readers."
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.
Over its 38 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for entrepreneurs. Drama Kids' position on the ranking reinforces its strength in the industry.
To view Drama Kids International in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February issue of Entrepreneur available now on newsstands.
About Drama Kids
Drama Kids International is the largest after-school drama program in the USA with 10,000 students currently enrolled. Its copyrighted curriculum features original, creative lessons with a built-in advancing scale of development that enables students of different ages and abilities to progress at their own rate. Its curriculum differs significantly from traditional drama and other after-school programs, with an emphasis on fun drama activities that are designed to allow all students to fully participate and develop acting, speaking, and collaboration skills regardless of age or prior experience level.
The Drama Kids Children's Franchise offers age-appropriate classes for students ages 4 through 18 years old. Classes meet once each week for one hour at locations throughout the country. The program allows new enrollment throughout the year, space permitting. Drama Kids also offers Drama Kids Preschool Workshops, Drama Kids Summer Camps, and Drama Kids At School, an in-school program for elementary and middles schools that brings its innovative curriculum directly into the schools as part of the school's after-school program. For more information, visit www.dramakids.com. For franchise information visit www.dramakidsfranchises.com.