In a significant milestone, Pitman Training has secured an impressive #35 ranking in the Elite Franchise TOP 100 Awards for the year 2024!
The annual awards, hosted by Elite Franchise Magazine, identify and celebrate the most exceptional franchises across the United Kingdom.
According to Managing Director Paul Lewis, this ranking is a well-deserved accolade. "As the Managing Director of Pitman Training, I extend my heartfelt congratulations to the Pitman team. Our recognition in the Elite Franchise TOP 100 Awards speaks volumes about the strength and vitality of our proven business model."
Today, we explore how this training institute exceeded the magazine’s eight core criteria to rise to #35 on the esteemed list.
Elite Franchise Core Criteria
- Longevity
- Network Size
- Financial Performance
- Growth
- Contribution
- Support
- Innovation
- Future Plans
These criteria collectively underscore a franchise's success, resilience, and potential for future growth, making the awards a prestigious accolade in the franchising industry.
Longevity
Pitman Training stands as one of the oldest franchise opportunities in the industry. With a rich history dating back over 187 years, the tertiary education provider has become a cornerstone of excellence in education and training.
Its longevity is not just a number on a timeline; it's a legacy that continues to unfold, shaping the future of education and franchising. This criterion highlights not only the age of the franchise but the enduring impact it has made and continues to make in the lives and careers of those it touches.
Network Size
Pitman Training's remarkable #35th ranking reflects its expansive reach and commitment to making a difference on a global scale.
The significance of its establishment in the education market goes beyond geographical boundaries. Its presence in various regions is a strategic move, ensuring accessibility for individuals seeking top-notch training and education. Whether in bustling urban centres or more remote areas. The size of its network demonstrates adaptability and a commitment to reaching learners wherever they may be.
Financial Performance
Pitman's triumph in securing the prestigious #35 position is supported by robust financial performance. According to the numbers, the estimated ROI after being a franchise partner in your first year is about £150 - £200K; however, these numbers greatly depend on territory size, course offerings, and franchise partner sales skills.
The overall turnover and profit of its franchise network stand as indicators of financial success that extend far beyond these numbers. It is a testament to the franchise's ability to sustain its operations and thrive in an ever-evolving business landscape.
Growth
The brand has seen an expansion in both revenue and network size, showcasing its resilience and adaptability.
Contribution
Pitman Training's role in the community and franchising sector is recognised with its #35th ranking, reflecting its positive impact and commitment to societal contributions.
The brand's commitment to making a meaningful difference reflects its understanding that true success is also measured by the positive impact this tremendous training institute leaves on the community and the industry it serves.
Support
The company offers extensive support to its franchise network, guaranteeing partners’ success from the first encounter, through centre opening, and ongoing continuous support.
Innovation
Innovation is a distinctive feature in the awards criteria, focusing on embracing change and leveraging technology. Pitman Training proactively implements new technologies and continually develops curriculum and training. In the criteria, innovation is a key aspect that emphasizes embracing change, leveraging technology, and contributing to societal and environmental progress. Additionally, it believes that innovation flourishes in diverse and inclusive environments.
According to Paul Lewis, “Pitman Training recognises the importance of diversity within its team. Fostering a workplace that values varied perspectives, experiences, and backgrounds ensures innovation is not limited to one intellectual tradition.” Among many other diversity requirements, the training institute supports following the requisites outlined in the Equal Status Act 2002.
Future Plans
Pitman Training has ambitious expansion plans, aiming to stay ahead of industry trends and enhance experiences for partners and students.
Seize the Franchise Future with Pitman Training
The recent recognition adds authority to Pitman Training's franchise opportunity. If you're considering starting your own business, let this be your clarion call
For more information, contact the Franchise Partner Team. Reach out with any enquiries, and let the recent award status be the starting point of your conversation. Whether you’re eager to apply or just curious to know more, your journey towards entrepreneurial excellence begins with a simple enquiry.