What Do The Awards Really Mean?Pinot's Palette
Happy franchisees and satisfied customers: These are the only markers of success that really matter. But we also know that awards reflect the success of our franchise as a whole… and that they will contribute to increased exposure and sales for our franchisees.
Many of the awards we’ve earned may not be familiar to potential franchisees just learning the paint and sip industry. So, let’s take a closer look at a few of the awards and what they really mean for franchisees.
Franchise Times Zor Award
Pinot’s Palette has been named a best buy in franchising in the Cheap Seats category by the Franchise Times Zor Awards. The Zor Awards recognized Pinot’s Palette’s low initial investment requirements, low unit closures rate, and top earners averaging a quarter million in sales. Simply put, our franchisees get a lot of bang for their buck, and the vast majority of them are in this for the long haul.
Franchise Business Review Top 50 Award
Each year, Franchise Business Review surveys thousands of franchise owners across North America to rank franchise opportunities based on owner satisfaction. Pinot’s Palette ranked #1 in paint and sip franchisee satisfaction and received a Top 50 Award for franchisee satisfaction.
This ranking delights us because Franchise Business review does in-depth, qualitative research into how the system works and what the lives of franchisees are actually like. The fact that our franchisees are so happy with their decision to open a studio is huge for us! Job satisfaction and personal wellbeing for our franchisees is one of the best success metrics we have.
Franchise Grade Made The Grade™
Pinot’s Palette recently received an A- rated Made Tthe Grade certification. This means that Pinot’s Palette is among the healthiest and most successful franchises. Franchise Grade’s researchers look at franchise disclosure documents (FDDs) to grade franchises on investment risk for franchisees. The certification enables potential franchisees to easily compare franchises without having to analyze complicated financial figures.
The Franchise Grade CEO declared Pinot’s Palette a “healthy franchise opportunity for 2017” based on our low initial investment, low turnover, transparency with franchisees, and expansion. Franchise Grade also considered non-numeric factors, like Pinot’s Palette’s franchisee advisory council and protected territories, and decided that the total package presents a great business opportunity.
Entrepreneur Franchise 500
This list has been a definitive guide to franchises for 38 years. And Pinot’s Palette has made the list for four years running! Entrepreneur awarded Pinot’s Palette a spot on the top 500 based on our low cost initial investment, excellent franchisee support from headquarters, low turnover rate, and our phenomenal growth. We’re honored to have earned this ranking among the best franchises in the world.
EY Entrepreneur of The Year® 2017 Award
Pinot’s Palette co-founder and president Charles Willis was named a finalist for the EY Entrepreneur Of The Year® 2017 Award in the Gulf Coast Area. The EY awards program recognizes entrepreneurs “whose ingenuity and perseverance have created and sustained successful, growing business ventures.” Our corporate team, as well as each of our franchisees, benefits from Charles’ creative leadership, passion, and commitment to Pinot’s Palette. We’re as proud of him as he is of each Pinot’s Palette franchisee.
If you’d like more information on joining us as we strive for even greater success, we’d love to hear from you.