Children’s Lighthouse Early Learning Schools™ announced today that it made the 2023 Entrepreneur Magazine’s Franchise 500® list, considered the best and most comprehensive franchise ranking in the world.
The ranking achieved by Children’s Lighthouse highlights the successful growth made by the brand in the past year. In 2022 alone, the early learning school brand had five new schools open, bringing the brand’s total number of schools to nearly 70 in communities across the U.S.
“We are over the moon to receive recognition once again on Entrepreneur’s franchise ranking,” said Michael Brown, President of Children’s Lighthouse Franchise Company, the franchisor for Children’s Lighthouse Early Learning Schools™. “Our franchisees and their team put in work each day to serve our local communities, families and children. Their work and dedication along with the guidance of our fantastic team at the franchise support center continues to push our brand forward, and we look forward to another year of growth in 2023.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
In the 44 years since its first release, the Franchise 500® list has become not only a competitive measure for franchisors, but also a primary research tool for those interested in franchising. Children’s Lighthouse’s position on the list is indicative of its success as one of the nation’s leading early learning school providers.
To view Children’s Lighthouse in the full ranking, visit: https://www.entrepreneur.com/franchise500. Results can also be found in the January/February 2023 issue of Entrepreneur, available on newsstands January 17.
About Childrens Lighthouse Franchise Company
The Children’s Lighthouse brand was established in Ft. Worth, Texas in 1997. Children’s Lighthouse Early Learning Schools™ are the nation’s leading values-based early learning schools. Currently, Childrens Lighthouse Franchise Company has nearly 70 franchised schools in operation and 25 additional franchised locations in the development pipeline. Children’s Lighthouse Early Learning Schools™ promise to create a safe, fun, and happy place that gives children confidence, a sense of comfort today, and a lifelong love of learning, friendship, and community. All children deserve a safe environment that allows them to be expressive and independent learners as they develop in their own learning style. The Lighthouse Pathways™ approach to learning delivers such an environment by providing opportunities for individualized skill development, group learning, self-regulation, and inquiry-based investigation with a focus on 4 key areas; Confidence, Connection, Continuous Improvement, and Curriculum.
About Entrepreneur Media Inc.
For 42 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.
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