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RE/MAX top real estate firm on magazine entrepreneur list.


For the third consecutive year, global real estate franchisor, RE/MAX RE/MAX Real Estate Maximums (Canada)  International ranks highest among real estate franchise organizations - at number 19 in the Entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise.  22nd Annual Franchise 500 [R]. The survey is now available on the Internet at www.Entrepreneur.com and within the pages of the January 2001 edition of Entrepreneur magazine Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities.

This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published.
.

In the "Fastest Growing" rankings, RE/MAX came in at number 13. Among the "Top 200 Global Franchises," RE/MAX is number 20 and was the only real estate organization named "Best of the Best" in service industries.

The initial Entrepreneur's Franchise 500 [R] in 1980 was the first ranking of franchises in the industry and is still the best and most comprehensive rating of franchises in the world. Over the years, Entrepreneur has polished and perfected the ranking procedure, developing a formula that accurately identifies today's top franchise opportunities for Entrepreneur readers.

The preface pref·ace  
n.
1.
a. A preliminary statement or essay introducing a book that explains its scope, intention, or background and is usually written by the author.

b. An introductory section, as of a speech.

2.
 to the list states in part, "In our ranking we consider numerous factors, some of which are weighed more heavily than others. The most important factors include financial strength and stability, growth rate, and size of the system. We also consider the number of years in business, the length of time franchising, start-up costs, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, percentage of terminations and whether the company provides financing. An independent CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  firm audited financial data and every company with verifiable data receive a cumulative score. The franchises with the highest "cumes" become the Franchise 500 [R]. These factors are objective, quantifiable Quantifiable
Can be expressed as a number. The results of quantifiable psychological tests can be translated into numerical values, or scores.

Mentioned in: Psychological Tests
 measures of a franchise operation. We do not measure subjective elements such as franchisee satisfaction or management style, because these are judgments only you can make based on your own needs and experiences. All companies, regardless of size, are judged by the same criteria."

The 22nd Annual Franchise 500 marks the ninth time RE/MAX has been recognized by the publication as a leading franchise network.
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 2, 2002
Words:312
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