NextHome was recently ranked on Franchise Business Review’s third annual “Culture100” list. The list recognizes the top 100 franchise brands in a 2022 report on the Best Franchise Cultures.
Every company has a culture, whether it is strategically planned or not. A positive culture can favorably impact business productivity, profitability, employee satisfaction, and company growth.
To help understand how franchisees prioritize their company cultures, Franchise Business Review asked over 30,000 franchisees from more than 300 brands a series of 12 specific questions that focused on leadership, core values, honesty, integrity, and overall support.
Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises in its annual Guide to Today’s Top Franchises, as well as in special interest reports throughout the year that identify the top franchises in specific sectors.
“Every franchise organization has a different culture and vibe. Some franchises are more serious and formal, while others are more relaxed and casual,” said Michelle Rowan, President & COO of Franchise Business Review. “A franchise company’s culture – and your potential fit into that culture – should guide your franchise investment decision. Looking at data on how current franchisees rate a brand’s culture will tell you how well the franchise leadership team is executing on the vision of the brand, and how well the community of support staff and franchisees work together to achieve their business objectives. The best place to start is with the brands on this year’s Culture100 list. All of them had an FBR ‘Culture Score’ of 80+ on a 100-point satisfaction scale, putting them in the top quartile of franchises when it comes to culture.”
NextHome and culture go hand in hand, because curating a franchise of diverse voices is a core value of ours. The greatest value of our organization is determined by the diversity, flexibility, and uniqueness of every individual and business within. Our NextHome community is as warm, bright, and bold as the shade of orange that unites NextHomies coast to coast, applying this collective power to support inspired one-on-one real estate transactions.
“Ensuring every brokerage that joins the NextHome franchise is a culture fit is crucial in the onboarding process,” said Charis Moreno, Vice President of Sales at NextHome. “Our success is not only dependent on the success of our franchisees in their business but also their happiness with being a part of the franchise. At NextHome we encourage a culture of collaboration where we cheer each other on, lift each other up, and never leave a NextHomie behind. Our strength is our unity.”
Visit FranchiseBusinessReview.com to see the full list of the 2022 Best Franchise Cultures.
Interested in being a part of the NextHome Real Estate Franchise? Contact VP of Sales Charis Moreno at Charis(at)NextHome(dotted)com.