201511.13
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Five Star Franchising Ranks #69 of the Utah 100 Fastest Growing Companies of 2015

MountainWest Capital Network Releases 100 Fastest Growing Companies at Awards Program


SPANISH FORK, Ut., Nov. 5, 2015—Five Star Franchising (www.fivestarfranchising.com) has been named the 69th fastest growing company in Utah by MountainWest Capital Network (MWCN) (www.mwcn.org) at the 21st annual Utah 100 Awards Program Tuesday, Nov. 3, 2015. This marks the third time in four years that Five Star Franchising has been recognized in the top 100 fastest growing companies in Utah.

“We are very excited to receive this award,” said Chad Jones, CEO of Five Star Franchising. “To be recognized as one of Utah’s fastest growing companies is a real testament to the team and all the hard work they have put into making Five Star Franchising what it is today. It’s also a credit to our franchise owners whose dedication is a significant contributing factor to our success.”  

MWCN selects the 100 fastest growing companies in Utah from thousands of applicants in Utah and represents a cross-section from all industries. The Utah 100 is determined based on the percentage of revenue increase of each company between 2010 and 2014.

“It is clear Utah is one of the hottest places in the country to start or run a business,” said Paul Skeen, chairman of the MWCN Utah 100 committee. “As a strong indicator, we had a record number of Utah companies vying for the 100 fastest growing companies in Utah along with about a 400 percent increase in the number of Emerging Elite nominations. It is a pleasure to recognize this year’s Emerging Elite companies along with the Utah 100 fastest growing companies.”

Five Star Franchising was established in 2005 and works to create the most successful franchises in the home service industry. This company has a reputation of turning small businesses into thriving international franchises. Earlier this year, Five Star Franchising successfully sold Five Star Painting to home service franchise giant, The Dwyer Group, a major accomplishment in Five Star Franchising’s history.

Five Star Franchising currently supports two brands, Five Star Bath Solutions and Five Star Holiday Décor, with locations across Canada, the United States and the United Kingdom. Five Star Franchising works with business solutions company, ProNexis, to support individual franchise owners with online marketing, lead generation, sales support and scheduling.

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About Five Star Franchising

Five Star Franchising is a franchise development company with a mission to develop the world’s best franchise systems in the home service industry. The company has created a proven system designed to give entrepreneurs all the support and tools they need to run a successful franchise. For more information about Five Star Franchising visit www.fivestarfranchising.com.