Joel LibavaHow big do you want to be? Do you want one franchise location? Have you thought about becoming a multi-unit owner, and eventually having 4-5 locations. Or more?
Let's go back in time, for a moment. Can you imagine what it was like to own 4-5 McDonald's locations in the 1970's? Can you get your arms around the financials from those units?
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In franchising, most people equate success to having more units. More units=more sales=more profit. I do too.
But, what if you could have major financial success with only one unit?
In a story over at OPEN Forum By American Express, there's a gentleman who could easily franchise his thriving business, and have stores all over the country. But he chooses not to.
There's also another example of a St. Louis entrepreneur that I happen to know, by the name of David Siteman Garland. He's developing what I call, "a
television network without the television." He’s created a daily online
video show for entrepreneurs and marketers. It’s called A Rise To The Top. David has had some pretty
influential guests on the show, including Chris Brogan, Anita Campbell,
Peter Shankman, and Gary Vaynerchuck, to name just a few.
Go to Open Forum By American Express to learn more…
Would you like to learn more about the business model of franchising, and find out if you can become a multi-unit owner? Or, if you even have to?
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