Franchise Dynamics named to ist of fastest growing companies
HOMEWOOD — Franchise Dynamics, a 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 percent growth rate over three years, increasing revenue to $3.6 million from $1.2 million, for an overall rank of 1,902. Additionally, the company ranks 98 on Inc.’s list of fastest growing companies in the Chicago metro area.
Founded in 2006, Franchise Dynamics serves a 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,” said Stidham.