Rippcord is a site created by franchise professionals, and we realized in late 2010 that no one really takes a stand and rates franchise opportunities. This surprised us because nearly everything is rated - wine, websites, cars, appliances, cigars, you name it. But thousands of franchise opportunities - constituting a multi-trillion dollar business in the U.S. alone - are not rated. Crazy, right? So, we decided to change that.
The first thing we decided was that our website would be fun. Why? Well, franchising should be fun. People are investing a large amount of money (often their life savings) and time in a business that will free them from the boredom and low wages of a regular job. So, this should be a time where people are taking a fun and exciting leap! But people also need protection before they jump, and we think information is your best protection against a poor franchise investment decision. This is why our mascot is a parachuting panda. Plus, we like pandas.
Then we focused on developing a proprietary methodology to assign franchise opportunities a numerical rating that prospective franchisees can use as one tool in their evalutation of franchise opportunities. We have worked hard to create a ratings system that offers a meaningful way for investors to separate one franchise opportunity from another, and to help them make a better, more informed franchise investment decision.
We believe that franchising works best when people have information; which means that current franchisees, prospective franchisees, franchisors, and people who are interested in the franchising industry should all be part of the same information system.
With that as our mission, here are the ways Rippcord can help you interact with the franchising industry:
Search Franchise Ratings
Search the Rippcord Franchise Marketplace