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A Billionaire Who Operates More Than 2,400 Franchises Shares Key Secrets To Success

Posted: Thu May 05, 2022 3:21 am
by claireokc
By Dan Rowe The American idiom “go big or home” totally encapsulates my view of franchising. When someone buys a single unit franchise, they’ve bought themselves a job, but when someone becomes a multi-unit franchise operator, they’ve built themselves an empire. A multi-unit operator is a franchisee that owns more than one franchise location of the same brand. The only reason someone should consider franchising is to make money, plain and simple. The most lucrative route in franchising is to become a multi-unit franchise operator. Take the case of Greg Flynn, who now owns more than 2,400 franchise restaurants. In 2012, he became the first American franchisee to reach the $1 billion mark. Flynn got his start just like anyone else when he bought his first Applebee’s franchise in 1999. ...

Source: https://www.theepochtimes.com/a-billion ... 44207.html