Updated: May 21, 2022
Many people have thought about becoming an entrepreneur as their next career move. Franchising is a great option for a start-up as it can accelerate your startup journey & greatly reduce your startup risk. Even seasoned business owners can find great opportunities to launch their next startup by franchising. Chuck gave us some practical advice on the pros and cons of franchising and the things to consider in exploring this business option.
On Wednesday, April 27, 2022 we co-hosted a MExit Networkshop, where guest speaker Chuck Prenevost introduced: Franchising - the Path from Employee to Owner to Exit. The major points to be covered include:
- Understanding how franchising may be an attractive option to become an entrepreneur
- More than just fries – types of opportunities to fit anyone
- Selecting a franchise
- Scaling a franchise
- Build it to sell
Chuck is a serial entrepreneur & has been a FranNet Franchise Specialist since January 2011. He brokers franchises & currently owns 3 himself. Prior to this, he was 21 years as founder & owner of a successful B2B service-based business, & specializes in building systems, processes & efficiencies. He’s also a Ski instructor @ Whistler for 11 years.
You can view the entire networkshop on Youtube @ https://youtu.be/liGnDfcKWYo
You can download the presentation below: