The luxury real estate brand’s franchisees rate culture among top attributes
Engel & Völkers is proud to announce its inclusion in the Franchise Business Review’s “Culture100” list. The list recognizes the top 100 franchise brands in a 2023 report on the Best Franchise Cultures. This accolade comes after Engel & Völkers was previously named a “Top Franchise for 2023”, and a “Top 100 Most Innovative Franchise,” by the independent research firm.
Engel & Völkers was among more than 360 franchise brands, representing more than 36,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. Franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. The brands that were selected received the highest overall ratings based on 17 unique areas that contribute to a strong company culture, including leadership, core values, franchisee community, and engagement.
“We believe in the power of relationships and the strength that comes from unity,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Our license partners, advisors and staff are at the heart of everything we do. We believe that by working with great people, great business follows. Our culture thrives on the values of sharing, collaboration, and support, enabling both personal and professional greatness. This recognition would not have been possible without our incredible franchisees.”
Every franchise organization has a different culture and vibe,” 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. These companies outrank other brands by 10%-50% across the key areas that contribute to a positive culture.”
Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises and guides throughout the year, ranking the top franchises in specific sectors.
Visit FranchiseBusinessReview.com to see the full description of the 2023 Culture100 Awards.
