{"id":25038,"date":"2017-11-27T02:03:13","date_gmt":"2017-11-27T02:03:13","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=25038"},"modified":"2022-10-16T16:00:30","modified_gmt":"2022-10-16T20:00:30","slug":"franchise-lessons-inc-5000","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/franchise-lessons-inc-5000","title":{"rendered":"Franchise Lessons From The Inc. 5000 Fastest Growing Companies"},"content":{"rendered":"

\"franchise<\/a><\/p>\n

(This is a guest post from Marsha Kelly of Best4Businesses.com<\/em>)<\/p>\n

Here’s a wonderful opportunity to learn franchise lessons<\/a> along with the keys to business success from the Inc. 5000 Fastest Growing Companies list. <\/span><\/p>\n

Below, you can learn lessons from some of the winning franchises, like Club Pilates and Fazio\u2019s Italian Restaurant-and how they made the list. <\/span><\/p>\n

But first you need to know about the Inc. 5000 Fastest Growing Companies list.<\/span><\/p>\n

The Inc. 5000<\/strong><\/p>\n

Since 1982, Inc.com has compiled the list of America\u2019s 5000 fastest-growing companies. They are ranked according to revenue growth over a 3-year period. <\/span><\/p>\n

Winners must be US based, privately held and independent, not a corporation subsidiary, and company revenues must be over $100,000 in their first year and at least $2 million in the most recent year. <\/span>https:\/\/www.inc.com\/inc5000<\/span><\/a><\/p>\n

With this in mind, let’s begin.<\/p>\n

 <\/p>\n

Business Success<\/h2>\n

Everybody loves a success story. Nobody more than those who are franchise owners<\/b><\/a>, or are considering becoming franchisees.<\/p>\n

That’s because business success stories can help you get motivated withnew business ideas<\/a> and to learn lessons from winners about the keys to success.<\/p>\n

In any event, I think you’ll get energized reading the business success stories below.<\/p>\n

 <\/p>\n

Franchise Lessons From The Inc. 5000 Fastest Growing Companies<\/h2>\n

What follows are two franchise success stories-from the Inc. 5000 Fastest Growing Companies list.<\/p>\n

1. Club Pilates<\/h3>\n

The Club Pilates company has set a goal of opening 932 new studios in the US by the beginning of 2018. One Club Pilates start-up sells for around $200,000, and the company has already sold 550 locations. Interest in the Costa Mesa, California company may come from a $26.7 million revenue for 2016, an increase of 21,319 percent from its 2013 revenues.  In 2015 Anthony Geisler bought the Club Pilates Franchise and exploded the revenyed 21,319% to make the#4 spot on the list. He made savvy marketing moves of <\/span>rebranding with new logo designs<\/span><\/a> and studio colors to expand the customer base from primarily women to men and even children. <\/span><\/p>\n

Chino Hills, CA<\/i><\/b><\/p>\n

In 2016, Amy Truong, a certified Pilates instructor and<\/span> female entrepreneur<\/span><\/a>, made the decision to open her own club. Since she was passionate about Pilates, she looked for an opportunity in that field. Her Chino Hills location immediately became the fastest growing location in the chain.<\/span><\/p>\n

What made Amy an overnight success? Her research into the company showed:<\/span><\/p>\n