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Monday, May 02, 2016
Considered the pinnacle of franchise achievement in Canada, CFA Awards of Excellence in Franchising are given annually to franchise systems that have demonstrated the strongest, most mutually-rewarding relationships with their franchisees, based on the results of a comprehensive survey of franchisors and franchisees administrated by third-party firm, Portage Group.
"We are truly honored to receive this award from the Canadian Franchise Association and proud to be recognized as a leading sign, graphic and visual communication franchise system in Canada," said Catherine Monson, CEO of Fastsigns. "We are continuing to grow at an aggressive rate, and understand that having highly satisfied, successful franchisees is key to Fastsigns International's future growth in Canada and around the globe."
Nearly 60 CFA member franchise systems participated in the survey and more franchisees completed the survey than ever before. Participating franchise systems were assessed on their performance in areas including franchisee relations, leadership, business planning, marketing, training and support, ongoing operations, and communications.
"The CFA Awards of Excellence in Franchising truly set a benchmark for franchisors in Canada and we are pleased to recognize Fastsigns for their commitment to excellence in franchising," says Lorraine McLachlan, CFA president and CEO. "A solid relationship between franchisor and franchisee is vital to the system's success and Fastsigns International's results show that they offer outstanding support to their franchisees."
Open exclusively to CFA members who have been franchising for three years or more, the CFA Awards of Excellence in Franchising competition includes four categories to enable franchise systems to be rated against their peers. Entries are separated into Traditional Franchises (i.e. those with brick-and-mortar locations) and Non-Traditional Franchises (i.e. mobile, home-based, etc.), then grouped based on the length of time they have been operating (three to 10 years and 11+ years).
Franchise systems with the highest scores in each category are recognized with Bronze, Silver and Gold CFA Awards of Excellence.
The CFA Award of Excellence in Franchise Grand Prize is awarded to one of the four Gold category winners.
In addition to the above recognition, Fastsigns International has received acknowledgement by the Franchise Research Institute and Franchise Business Review for global satisfaction from its franchisees. Fastsigns currently has more than 600 locations worldwide in nine countries, and is looking to expand with additional new, co-Brand and conversion centers.
Due to the ongoing need for visual communications and digital-signage technology, the company expects to open another 45 to 50 locations in 2016, as well as finalize master franchise agreements in two new countries.
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FASTSIGNS International Inc.
2542 Highlander Way
Carrollton,
TX
Phone: (214)346-5600
Toll Free: (800)827-7446
Fax: (972)248-8201