Iris Environmental Laboratories is one of the leading businesses in the mold testing and asbestos inspection industries. We are pleased to share that our company has been featured on Entrepreneur’s Franchise 500®, a highly sought-after honor in the industry. This is a prestigious list that ranks the nation’s top franchise opportunities annually. Despite the various challenges that the franchise industry faced in 2020, Iris Environmental Laboratories is one of the franchisors that continues to grow and evolve.
Understanding the Five Pillars of the Franchise 500
Franchise 500® is an annual listing of the top American franchising companies. Entrepreneur Magazine has reviewed and compiled extensive data to determine which franchise businesses are “simply the best.” This list also allows entrepreneurs to review existing franchise opportunities offered by businesses that are performing at the peak of their industry. How does Entrepreneur evaluate franchise opportunities? The answer is: The Five Pillars of the Franchise 500®.
- Costs and Fees: This category is comprised of franchise fees, total investment, and royalty fees.
- Support: This category is comprised of training times, marketing support, operational support, franchisor infrastructure, financing availability, and litigation.
- Size and Growth: This category is comprised of open and operating units, growth rate, and closures.
- Brand Strength: This category is comprised of social medial, system size, years in business, and years franchising.
- Financial Strength and Stability: This category is comprised of the franchisor’s audited financial statements.
Note: These pillars are not arranged in order of weighting or importance.
Entrepreneur generally takes notice of businesses that bring fresh ideas to an ever-changing industry. The organization believes that enduring franchisors are entities who learn to balance reliability with innovation. An approach that is essential for attracting new customers and keeping one’s existing clientele happy.
How Iris Environmental Laboratories made it to Entrepreneur’s Franchise 500 List
Iris Environmental Laboratories’ positive relationships with businesses, local, federal offices and private property owners across the U.S. were integral to our growing franchise success. Businesses and individuals continue to work with us because of the high standards we set for every franchisee. We train each Iris Environmental Laboratories franchise owner to work professionally and efficiently and deliver excellent customer service to continue driving success.
At Iris Environmental Laboratories, we are incredibly honored to be listed as one of the best franchise opportunities in our category by Entrepreneur. We had the privilege of helping many entrepreneurs realize their dreams of running a successful and profitable business that makes a difference.
With a solid and inclusive support infrastructure in place, Iris Environmental Laboratories has also helped franchisees obtain the coaching they to remain successful over the long term, manage their marketing efforts, improve their customer interactions, and generate sales.
Why Invest in an Iris Environmental Laboratories Franchise?
Below are the key components of our Iris Environmental Laboratories’ franchise program:
On-The-Job Training
- 37 hours
Classroom Training
- 39 hours
Ongoing Support
- Newsletter
- Toll-Free Line
- Grand Opening
- Security & Safety Procedures
- Field Operations
- Site Selection
- Privately Label Software
- Franchisee Intranet Platform
Marketing Support
- Co-op Advertising
- Ad Templates
- Regional Advertising
- Social Media
- SEO
- Website Development
- Email Marketing
In addition to the ongoing and extensive support that Iris Environmental Laboratories provides for our growing franchise network, potential and existing franchisees can enjoy peace of mind knowing that we operate upon a recession-resistant business model.
For more information about Iris Environmental Laboratories’ franchising opportunities, feel free to call us at (908) 347-0755 or send an email to franchise@irislaboratories.com.