Each year, Entrepreneur Magazine compiles what is considered by those in the investment industry as one of the most prestigious and comprehensive franchise ranking lists. The list is created to show which franchises are leading the pack and present a great investment to both budding and experienced entrepreneurs.

Entrepreneur Magazine engages a rigorous process for determining the rankings which is based on a formula that takes into account objective and quantifiable data from each franchise group. Once collected, this data is then analyzed by an independent CPA. The most important contributing factors are financial strength and stability, growth rate and size of the system.

On this year’s Entrepreneur Magazine Franchise list, the Tutor Doctor franchise ranked 141. Entrepreneur Magazine’s franchise list is accredited to a very successful year and exceptional work in growth rate, system size and financial strength and stability.

“Parents worldwide understand the importance of their children competing in the global marketplace. Therefore, we are a need-based franchise and are continuing to grow internationally,” said President of Tutor Doctor, Frank Milner. “Our franchise is home-based and has low overheads, so it has a low point of entry, making it attractive to potential franchisees. It’s validating to have our resulting success recognized by such a prestigious award.”

Part of Tutor Doctor’s appeal is that it has a relatively low initial investment of $68,000 to $171,000 with no overheads. It has offices in nine countries and over 400 franchisee territories. Tutor Doctor is enjoying unprecedented growth thanks to the reduction in education funding which has created a greater need for private tutors.

“We’re delighted to share the positive strides the companies in this year’s listing are making and showcase them as representations of business strength,” says Amy Cosper, VP and editor in chief of Entrepreneur. “The Franchise 500® are a major force contributing to the franchise upswing. Their ability to successfully satisfy customers, continually add units, create jobs and grow overall keeps them ahead of the rest and worthy of distinction.”

Forbes Magazine has also recognized the tutoring industry as one of the fastest growing industries and predicts that the global private tutoring market will surpass $102.8 billion by 2018. Tutor Doctor has taken this opportunity to create a business model that holds quality, convenience, and personalized care at its core.
To view Tutor Doctor in the full ranking, visit www.entrepreneur.com/franchise500.