Toronto,
Canada
Today, Entrepreneur Magazine – the world’s most respected
Franchise resource, released its coveted 24th Annual Franchise
500 rankings for 2003. WSI was honored once again to be recognized
as one of the top franchises in the world. For the 5th consecutive
year, WSI has been featured in the Franchise 500, moving up a
remarkable 306 spots in that short time. Again this year, WSI
is rated first in its category, as # 1 Internet Business.
The following is an excerpt from Entrepreneur Magazine - describing
the prestigious annual franchise 500 rankings.
“We consider numerous factors in our ranking, some of which
are weighed more heavily than others. The most important ones
include financial strength and stability, growth rate and size
of the system. We also consider the number of years in business
and length of time franchising, start-up costs, litigation, percentage
of terminations and whether the company provides financing. Financial
data was audited by an independent CPA firm. Every company with
verifiable data receives a cumulative score. The franchises with
the highest "cumes" become the Franchise 500®.”
Entrepreneur Magazine January 2003 – About Franchise 500
.
WSI is proud to stand among the most successful and respected
franchises in the world today. With a record 700 plus franchisees
in 87 countries globally, WSI has established one of the most
successful franchise systems in the world! This year Entrepreneur's
rankings have also honored WSI as the 14th fastest growing franchise
in the United States -- up from WSI’s position of 19th fastest
growing franchise last year. "You are an inspiration to other
business people," states Rieva Lesonsky, Senior VP of Entrepreneur
Magazine, "and we are delighted to honor your accomplishments.”
Many of WSI’s 700 franchisees throughout the world work
from a home office and no specific experience is required to operate
the business. WSI offers its franchisees one of the most complete
and comprehensive training and certification programs available
anywhere today. As well, a dynamic on-going support program is
custom tailored to meet the unique and individual needs of each
new franchisee. "We are amazed and honored by the quality
of individuals that have applied for our franchise in the last
year," states Louis Zalany, WSI's Chief Executive Officer.
"In today's high-tech economy, franchising is more than just
burger flipping; we offer one of the few "white collar"
franchises available anywhere today," he emphasizes.
WSI franchisees (Internet Consultants), both men and women of
all ages, come from a wide range of backgrounds. Like a modern
day architect, the job of each WSI franchisee is to assess their
clients' business needs using WSI’s patent-pending Internet
Solutions Lifecycle™ system. Each client’s Internet
Solution is then custom tailored to both reduce business overheads
and increase revenues. Each client’s Internet Solution is
uniquely built at one of WSI’s many certified Global Production
Centers. These Production Centers are strategically located in
low cost, high-tech regions such as Asia Pacific and Central America.
WSI clients receive high quality, results-oriented Internet Solutions
that are designed to deliver a measurable return on investment.
Moreover, WSI’s success stems from a model that stresses
the importance of long-term commitment to clients.
WSI’s international organization of Franchise Owners are
at the forefront of the digital revolution, changing the way the
world does business. WSI delivers thousands of e-business solutions
to small and medium sized businesses annually.
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