FASTSIGNS International, Inc., the leader in signs, graphics and visual communications, announced today it is the Bronze winner of the 2016 Canadian Franchise (CFA) Awards of Excellence in Franchising in the Traditional – Mature/Established franchise systems category. The award was presented to FASTSIGNS International on April 18, 2016 during a Gala Awards Presentation at the 25th annual CFA National Convention in Ottawa, Ontario. The company was also honored as a recipient of the Franchisees' Choice designation for the fourth year in a row.
Considered the pinnacle of franchise achievement in Canada, CFA Awards of Excellence in Franchising are given annually to franchise systems that have demonstrated the strongest, most mutually-rewarding relationships with their franchisees, based on the results of a comprehensive survey of franchisors and franchisees administrated by third-party firm, Portage Group.
"We are truly honored to receive this award from the Canadian Franchise Association and proud to be recognized as a leading sign, graphic and visual communication franchise system in Canada," said Catherine Monson, CEO of FASTSIGNS International, Inc. "We are continuing to grow at an aggressive rate, and understand that having highly satisfied, successful franchisees is key to FASTSIGNS International's future growth in Canada and around the globe."
This year, nearly 60 CFA member franchise systems participated in the survey and more franchisees completed the survey than ever before. Participating franchise systems were assessed on their performance in key areas, including franchisee relations, leadership, business planning, marketing, training and support, ongoing operations and communications.
"The CFA Awards of Excellence in Franchising truly set a benchmark for franchisors in Canada and we are pleased to recognize FASTSIGNS for their commitment to excellence in franchising," says Lorraine McLachlan, CFA president and CEO. "A solid relationship between franchisor and franchisee is vital to the system's success and FASTSIGNS International's results show that they offer outstanding support to their franchisees."
Open exclusively to CFA members who have been franchising for three years or more, the CFA Awards of Excellence in Franchising competition includes four categories to enable franchise systems to be rated against their peers. Entries are separated into Traditional Franchises (i.e. those with bricks and mortar locations) and Non-Traditional Franchises (i.e. mobile, home-based, etc.), then grouped based on the length of time they have been operating (three to 10 years and 11+ years).
Franchise systems with the highest scores in each category are recognized with Bronze, Silver and Gold CFA Awards of Excellence. The prestigious CFA Award of Excellence in Franchise Grand Prize is awarded to one of the four Gold category winners.
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