Forbes May Adopt Franchise "Churn" In Rankings
After protests by franchisees and franchise blogger Sean Kelly, editors at Forbes said they may consider franchise "churn" numbers when compiling rankings.
The naming of Snap-On Tools in particular sparked a firestorm of criticism, and Forbes said it will consider revisions to their methodology.
For many years, the franchise industry has waged a civil war over the key issue of "success" rates. Franchisors maintain that so long as a unit does not shut down, it is deemed a "successful" franchise, while franchisees counter that a high churn rate is more relevant to determining if a franchisee can be "successful."
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