Illinois-Based Franchise Dynamics Named to Inc. Magazine's List of Fastest Growing Companies

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Aug 28, 2013, 08:23 ET

HOMEWOOD, Ill., Aug. 28, 2013 /PRNewswire/ -- Franchise Dynamics, (www.franchisedynamics.net) the nation's largest, full-service franchise outsourcing firm, has been named one of the country's fastest growing companies by Inc. Magazine.

In its first year on the prestigious list, Franchise Dynamics posted a strong 199% growth rate over three years, increasing revenue to $3.6 million from $1.2 million, for an overall rank of #1902. Additionally, the company ranks #98 on Inc.'s list of fastest growing companies in the Chicago metro area and is headquartered in suburban Homewood.

Founded in 2006, Franchise Dynamics serves a unique niche of growing businesses across many industries, including retail and restaurants, through franchise sales, and is the only company of its kind on the list.

Robert Stidham, president of Franchise Dynamics, attributes the company growth to the strength of franchise concepts it works with and quality of its client companies over the past seven years.

"Our rate of growth reflects the impact we've had on developing our clients' franchise units and businesses," says Stidham.

Sky Zone Indoor Trampoline Park is one example of a Franchise Dynamics client who experienced tremendous growth through franchise sales. Sky Zone is ranked #181 overall and 13th among the top 100 retail companies.

"We are honored to be on the Inc. 5000 list but to share it with our client, Sky Zone, is wonderful and is a testament to how much we have all accomplished together to grow our collective businesses," Stidham says.

For 32 years, Inc. Magazine has compiled a list of the fastest growing private companies in America. Franchise Dynamics now shares their inclusion in this list with companies such as Intuit, Pandora, Under Armour, Microsoft, Jamba Juice, Zappos, Timberland, Clif Bar, Oracle and more.

Inc. factors in company revenues to determine the rankings. According to Inc. Magazine's Editor in Chief Eric Schurenberg the median company on the Inc. 5000 increased sales more than 140 percent since the start of 2010, while the average honoree grew 468 percent.

About Franchise Dynamics:

Franchise Dynamics, founded in 2006, is the nation's first full-service franchise sales outsourcing firm. Franchise Dynamics provides world class consulting, training, lead qualification services and full service franchise development. Franchise Dynamics' team has been responsible for more than 7,000 franchise sales across various categories and investment levels.

SOURCE Franchise Dynamics