Big Money In Franchising
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Big Money In Franchising
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Author : Alicia Miller
language : en
Publisher: Figure 1 Publishing
Release Date : 2024-03-12
Big Money In Franchising written by Alicia Miller and has been published by Figure 1 Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-12 with Business & Economics categories.
"A ground-breaking and definitive roadmap to finding success through the dynamic partnership of private equity and franchising." —Justin Nihiser, Operating Partner, Garnett Station Partners Private equity (PE) is profoundly transforming the business of franchising, as companies increasingly perceive PE transactions as an attractive alternative to going public, and as investors realize the strength and resilience of the franchise model. In recent years, franchisors and multi-unit franchisees encompassing more than 700 brands have partnered with private capital, including Subway, which announced in 2023 that after decades of independence it would be acquired by Roark Capital Group for more than $9 billion. It’s estimated that private capital is currently sitting on at least $1 trillion of “dry powder” — committed funds that haven’t yet been deployed. Franchising will continue to attract investment out of this substantial and still-growing pool. In Big Money in Franchising, franchise thought leader, board advisor, franchise investor, and PE consultant Alicia Miller demonstrates how founders and franchisees alike can effectively leverage private capital to take their businesses to the next level of performance. Miller walks through PE growth playbooks in depth, drawing on recent case studies, highlighting best practices, and sharing valuable insights into PE’s investing mindset, key players, selection criteria, and trading dynamics. The book also tracks the top challenges private capital has experienced in franchise investing, providing guidelines for vetting potential partners and conducting due diligence to avoid negative outcomes, value destruction, and stall-outs. Featuring interviews with franchise entrepreneurs, brand founders, deal advisors, and PE executives, Big Money in Franchising empowers readers with the information needed to build enterprise value and climb the private equity profit ladder.
Dunk D
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Author : Irwin Barkan
language : en
Publisher: Bf LLC
Release Date : 2011-07-01
Dunk D written by Irwin Barkan and has been published by Bf LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-01 with categories.
Dunk'd is the true story of Irwin Barkan's encounter with the dark side of franchising. He is a serial entrepreneur who buys five franchises from Dunkin' Donuts - the consumer brand of his dreams - only to find out that the company spies on its franchisees, even their personal lives, and has sued hundreds of them in a scheme to seize their stores. When Dunkin' Donuts targets him, he fights back, and sets out to find out what is really going on behind the brown and orange logo. Dunk'd takes the reader through Barkan's experience with the modern day realities of franchising, starting with the sales process and explaining how the small business owners who operate franchises function within the confines of this distribution system that is controlled by global conglomerates and private equity firms. The book examines how the franchising business, built around legal principles from the 19th Century, enables franchisors to treat their franchisees with impunity. Dunkin' Donuts was once a paragon of franchising. Its founder, Bill Rosenberg, espoused a system where the franchisees were considered partners and built the company into an indelible brand. But its new owners have leveraged the franchise agreement, the most one-sided legal agreement used in business today, and used it to terrorize its franchisees, the small business owners who provide the capital and hard work that make the system work. Dunk'd is a cautionary tale that will entertain and inform readers as Barkan responds to a business environment that he has never encountered before: where a franchisor exploits its legal and economic dominance to batter its franchisees into submission. The underbelly of the franchise system and its deleterious effects on franchisees are exposed in Dunk'd; along with its built-in opportunities for larceny: by the franchisor, its corporate managers and the franchising lawyers assigned to keeping the rotten edifice intact. It's a story Barkan could not fully comprehend while it was occurring. But once he put the pieces together that his story was more representative of the franchising and small business experience than the public could ever begin to imagine and is the reason he has written this book. This is a story all too familiar with franchisees, but one that will horrify the rest of America.
Franchising
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Author : Carrie Shook
language : en
Publisher:
Release Date : 1993
Franchising written by Carrie Shook and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Franchises (Retail trade) categories.
"More than 540,000 franchised businesses dot the American landscape, ringing up total sales of $758 billion - which equals almost one-third of the nation's retail market." "No doubt about it, franchising is already big business and it's getting bigger every year. (A franchised business opens up every 17 minutes!)" "In this fascinating and thoroughly researched book, Robert and Carrie Shook - two experienced business writers - take you inside the franchising industry to show you how ten of the best-managed franchisors operate and the exact steps to take and to avoid if you're thinking of buying a franchise." "The ten enormously successful franchises they examine include fast-food businesses such as McDonald's, Pizza Hut, and Dunkin' Donuts... service providers like H&R Block, Century 21 Real Estate, Duskin Corp., and ServiceMaster... as well as Midas Mufflers and the 7-Eleven convenience stores. Each franchise is looked at in great depth, making you privy to information rarely divulged to those outside the franchising industry or even to most franchisee-owners." "Among other things, you'll discover what goes on inside the executive suites of these franchise operations... how key decisions are made and the business lessons that can be learned from their blunders; the sort of relationship that exists between each franchisor and its franchisees... training, services, and financing provided; fees and expenses to expect; how well a franchisor communicates with, and how extensively and strongly it supports, unit owners; candid comments from a wide cross-section of franchisees about what it's really like to own and run a particular franchise... how much money you can make, the amount of time you have to put in, the day-to-day problems you face, and anything else you'd ever want to know." "In short, you'll see "from the inside" what it takes to successfully operate various kinds of franchises; if you have the temperament and skills to succeed; and how to avoid every pitfall from inadequate policy manuals to needless restrictions or controls."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
The Franchise Investment Guide
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Author : Dru Carpenito
language : en
Publisher:
Release Date : 2019-09-15
The Franchise Investment Guide written by Dru Carpenito and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-15 with categories.
Have you ever wondered which franchises are the best businesses to buy? Ever wondered how much money you can make with a franchise? How about how much the good franchises cost? Curious how to find the good franchises (and avoid the bad ones)? Well, here's a little secret...the answers to all of those questions are in this Franchise Investment Guide. Exactly what you're getting: This Guide is dramatically different from anything you've ever read because it's more of a "field guide" about how to find and invest in great franchises versus a traditional book. The reason why is because there's no fluff or filler. It immediately gets down to brass tacks, showing you exactly what to do, how to do it, and why. Plus, it's easy to read. At just 48 pages, you can read it an afternoon. And, you'll immediately "get" the entire methodology used by real people who have used a franchise to achieve incredible personal, lifestyle and financial success. It answers questions like... Why would a successful real estate investor invest in a certain hair care franchise and open fifteen of them? Why would an attorney for one of the world's largest manufacturing companies quit his job to start a particular disaster restoration franchise? Why would a very successful corporate executive decide to open multiple locations of an emerging franchise (while he kept his job)? Why would an accountant, banker, and entrepreneur all invest in the same boutique fitness franchise (and each open multiple locations)? It also talks about... Franchising and how it's more than just fast food Where to find great franchises (hint: it's not surfing the internet or going to franchise trade shows) The indicators and characteristics of great franchises The four most important things you need to have success with a franchise The Entrepreneurial Mindset vs the Consumer Mindset The story of a corporate executive who turned down a life-changing promotion to start a franchise How to figure out how much money you can make even though franchise companies can't give you financial projections Something more important than money Exit strategy options (as in cashing out) And much more...
Franchise Management For Dummies
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Author : Michael H. Seid
language : en
Publisher: John Wiley & Sons
Release Date : 2017-04-24
Franchise Management For Dummies written by Michael H. Seid and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-24 with Business & Economics categories.
Learn what it takes to find, buy, and run a franchise — and enjoy the rewards of being your own boss If you’ve ever visited a chain restaurant and thought, “I’d like to run one of these,” you’re among countless would-be entrepreneurs eager to be their own boss. Franchise Management For Dummies is a hands-on guide that provides clear and concise information on the issues involved in finding, buying, operating, and ultimately growing a successful franchise business. Geared toward both novices and experts in franchising, it’s an essential guide to help prospective franchisees know what to look for in a great franchisor, and to show existing franchisees what great franchisors are providing their franchisees. Both emerging and experienced franchisors will gain an understanding about the proper methods of structuring, managing, and expanding their franchise systems. Social impact investors, donors, and NGOs can learn how franchising techniques can transform how they look at providing products and services at the base of the pyramid. Inside you’ll discover: How to find a franchise that’s right for you and the ideal location for it Where to find quality franchisors and understand the qualities franchisors look for How to gather information from franchisees A franchisor’s mandatory legal obligations to prospective franchisees, the franchise disclosure document (FDD), and working with franchise professionals How to take a realistic look at your finances and what capital you’ll need to buy and launch a franchise Develop strategic advertising and marketing plans How to find, hire, and train talented employees who will help make your franchise a success How to make sure your franchise makes money How to grow your business with multiple franchises And more! Additionally, Franchise Management For Dummies includes a glossary of common franchise-related terms, ten keys to franchisee success, and the questions to ask before becoming a franchisor. Get a copy today and find out if owning and operating a franchise is the right business move for you.
The Unofficial Guide To Opening A Franchise
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Author : Jason R. Rich
language : en
Publisher: John Wiley & Sons
Release Date : 2007-03-22
The Unofficial Guide To Opening A Franchise written by Jason R. Rich and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-22 with Business & Economics categories.
The inside scoop... for when you want more than the official line! So you dream of escaping the 9-to-5 rat race, starting your own business, and becoming your own boss, but you don't have a clue where to start. Opening a franchise-based business can lower your start-up costs and reduce the time, hassle, and risk associated with getting a new business operational. A franchise offers training, support, a proven business model, and the closest thing possible to a turnkey solution for achieving success. There are more than 3,000 different franchise opportunities in more than seventy-five industries, including packaging and shipping, tax preparation, maid service, fitness, car care, and more. Featuring exclusive, in-depth interviews with a wide range of franchising experts, this book gives you a first-hand perspective plus valuable tips and strategies for success. It provides the guidance you need to choose the right franchise, select a prime location, market your business, and get it up and running efficiently. You'll learn all about financing, essential business skills, hiring and managing employees, working with suppliers, and even preparing for your grand opening. This guide includes: Vital Information on things to look for when evaluating franchise opportunities--and where to look Insider Secrets from successful franchisors, franchisees, and franchise consultants Money-Saving Techniques such as using a franchise attorney to help you review the UFOC (Uniform Franchise Offering Circular) and finalize your Franchise Agreement The Scoop on the latest trends, plus profiles of the top twenty-five franchises in America Handy Worksheets to help you examine your goals and opportunities, evaluate financing options, develop a realistic business plan, and more
The Definitive Guide To Franchise Research
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Author : Joel Libava
language : en
Publisher: Joel Libava
Release Date : 2019-08-01
The Definitive Guide To Franchise Research written by Joel Libava and has been published by Joel Libava this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-01 with Business & Economics categories.
“The Definitive Guide To Franchise Research” includes everything you need to know about researching a franchise. Buy this guide so you can learn how to get all the facts you need about the franchises you're interested in. That way you'll be able to make a smart decision on a franchise to buy. Everything I know about researching franchise opportunities is in this instantly* available guide. Including: A huge list of the right questions to ask franchise salespeople, so you can get specific (and sometimes hidden) details about the franchises you’re investigating Easy-to-use techniques that will enable you to get real information on your potential earnings as a franchisee, so you get a clear picture about what life could be like when you make your decision Never-before revealed online franchise research techniques you can use immediately to obtain information on any franchise opportunity that’s currently being offered. Specific information on when and how to contact franchisees, including a powerful, one-of-a-kind technique that will enable you to find out how much money they’re making in their franchise business without looking foolish. A massive list of questions to ask franchisees when you contact them by phone or pay them a visit, that will practically force them to tell you everything they know. Specific ways to find unhappy franchisees, so you can find out some of the negative aspects of the business you may be about to invest a lot of your money in. And a lot more!
Franchising In America
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Author : Thomas S. Dicke
language : en
Publisher: UNC Press Books
Release Date : 2017-12-15
Franchising In America written by Thomas S. Dicke and has been published by UNC Press Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-15 with Business & Economics categories.
Using a series of case studies from five industries, Dicke analyzes franchising, a marketing system that combines large and small firms into a single administrative unit, strengthening both in the process. He studies the franchise industry from the 1840s to the 1980s, closely examining the rights and obligations of both the parent company and the franchise owner. Originally published in 1992. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.
Grow Smart Risk Less
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Author : Shelly Sun
language : en
Publisher: Greenleaf Book Group
Release Date : 2011
Grow Smart Risk Less written by Shelly Sun and has been published by Greenleaf Book Group this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Experienced franchisor Shelly Sun shares practical advice, insights, and her own compelling experiences to help readers discover the power and avoid the pitfalls of franchising their businesses. * A low-risk, low-capital path to astounding growth. In today's economic environment, and long into the future, access to capital is limited. Successful business owners have few options for dramatically expanding their brand, taking it to the regional, national, or even international arena. Grow Smart, Risk Less describes how readers, through franchising, can use other people's money and leverage their success for rapid growth. * Covers the entire process of franchising. Most books on franchising focus on educating the franchisee, but this book is designed to fully educate the franchisor. The author walks readers through each stage of the franchising process: from determining if they have a franchisable concept, to assembling a professional team without wasting money, to adjusting the business model along the way for optimum growth, to growing as a leader to assume new challenges. * Written by an experienced, nationally lauded franchisor. Unlike many authors of books on franchising, Shelly Sun has been through the process, growing her business from $1 million to $100 million in five years. She's been named entrepreneur of the year by the International Franchise Association and is being featured on a network prime-time show about compelling companies.
Franchise Business
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Author : Ade Asefeso MCIPS MBA
language : en
Publisher: AA Global Sourcing Ltd
Release Date : 2015-04-12
Franchise Business written by Ade Asefeso MCIPS MBA and has been published by AA Global Sourcing Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-12 with Business & Economics categories.
In general, companies decide to begin franchising for one of three reasons; lack of money, people or time. Opening your own franchise business is a BIG step for those who choose the venture and it can be somewhat intimidating. The franchise marketplace is filled with innumerable franchise systems over a vast range of industries. This book looks at giving anyone taking on the challenge and adventure that comes with opening a franchise business a step-by-step overview of the major stages along the way.