ActionCOACH has been ranked number one in the Business Coaching category of Entrepreneur Magazine’s Franchise 500 awards.

This is the seventh consecutive year that the business consulting service franchise has taken out the top spot in the category. It was also ranked number 65 out of the top 500 franchises, up from its 103 ranking last year.

Brad Sugars, ActionCOACH chairman and founder said “The fact that we’ve increased our rank in these trying times says a lot about our franchise.”

“Our franchisees, master franchisors and team at the Global Office have put forth a great level of work to enable us to ride out the economy and continue to gain success.”

US magazine, Entrepreneur, determines its annual Franchise 500 awards and ranking based on factors that include financial stability and strength, growth rate and the size of the franchise system.

ActionCOACH was created in 1993 in Brisbane and has since grown into an internationally recognised franchise with more than 1,000 offices in 26 countries.