Ricky’s has been announced as a recipient of the CFA Franchisees’ Choice Designation. This is the second year that award winners have been announced virtually amidst COVID-19. Now in its 11th year, the annual Franchisees’ Choice Designation Program recognizes Ricky’s for its accomplishment in receiving this designation.
The Franchisees’ Choice Designees are CFA member franchise brands who voluntarily took part in an independently administered survey. This year, more than 60 CFA member franchise brands participated in the survey. Franchisees were asked to assess their franchisor in key areas of the franchise business model, including the franchisee selection process, franchisee information package, leadership, business planning and marketing, training and support, as well as ongoing operations and the relationship between the franchisor and franchisee.
In the due diligence process of investigating a franchise opportunity, speaking with existing franchisees about the opportunity being explored is essential. For prospective franchisees, the Franchisees’ Choice Designation identifies that a franchise brand has received a solid endorsement through its satisfaction ratings from its franchisees. The 2021 Franchisees’ Choice Designees are representative of the diversity of franchise opportunities and the standard of excellence of CFA members.
“Everyday Canadians sharing success and Growing Together™ is one of franchising’s core principles and what we celebrate year after year when we honour our Franchisees’ Choice Designees,” says Sherry McNeil, CFA President & Chief Executive Officer. “We extend our congratulations to all of this year’s Franchisees’ Choice Designees on receiving this remarkable vote of confidence from their franchisees.”