John McCarthy @Preneur_Purpose
CEO I Passion for the Franchise World I Entrepreneur 🔥Franchise resources and opportunities ⚜️Founder of AGI Management Cincinnati, OH Joined November 2023-
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I love an underdog success story....especially in the franchise space. Have you ever heard Colonel Sanders KFC story? 👇 Sanders dropped out of school in seventh grade and ran away from home to escape his abusive stepfather. At 16, Sanders falsified his birth date and joined…
Ready to explore multi-branding? We have collaborated with one of the most successful quick casual restaurant brands who is a growing and has amazing opportunity for you. Shoot me a message if you'd like some more info #franchise #franchisee #investor
Successful franchisees have already honed their operational skills and developed efficient systems and processes. By expanding into multiple brands, they can leverage this expertise across different business models and industries. This cross-pollination of best practices…
When you need help, do you ask for it in a timely fashion? It's okay to have pride in what you do, but don't be so prideful that you won't ask for help when you need it. When they run into stumbling blocks, good franchisees ask for help from the franchisor, staff and/or…
One surprising fact about franchising is its longevity and resilience. While many industries experience fluctuations and even downturns, the franchise model has consistently shown remarkable stability over time. Franchising has proven to be adaptable and enduring.…
"Franchising can be described as a unique blend of being in business for yourself, but not by yourself." - Dave Thomas, founder of Wendy's #quote #franchisee #franchisor #investor
Multi-branding affords franchisees greater negotiating power when dealing with suppliers, landlords, and other stakeholders. With a larger portfolio of franchises, they can negotiate favorable terms, discounts, and incentives, thereby improving profit margins and overall…
Successful franchisees understand the value of strong brand equity and customer loyalty. By adding complementary brands to their portfolio, they can capitalize on the strengths and reputation of each brand to attract a broader customer base. Furthermore, cross-selling and…
One of the most significant advantages of multi-branding is the diversification of revenue streams. By operating franchises from different brands, franchisees can mitigate the risks associated with relying solely on one brand for income. This diversification not only provides…
Providing employees with new career opportunities and growth prospects through multi-brand franchising enhances their overall job satisfaction and engagement. When employees feel valued, challenged, and invested in the organization's success, they are more likely to remain loyal…
Operating multiple brands requires a versatile and adaptable workforce capable of navigating different market dynamics and customer preferences. By offering employees the opportunity to work across various brands, franchisees can cultivate a versatile workforce that is…
Enthusiasm brings a level of excitement and energy to the operation that everyone can feel-including your customers and staff.
In the dynamic world of franchising, success is not merely about maintaining the status quo but rather about continuously exploring avenues for growth and expansion. For seasoned franchisees who have already achieved success with one brand, the concept of multi-branding…
#2 Sustainable Logistics Logistics and supply chain management are critical components of any restaurant operation. Sustainable logistics ensure the efficient flow of goods and services, ultimately impacting the bottom line. When evaluating a franchise opportunity, consider…
Underrated part about a franchise? A lot less lonely. It's special to be part of a larger group all working towards the same goals, sharing best practices, and rooting for each other's success.
#1 Brand Awareness One of the primary advantages of purchasing a restaurant franchise is the instant brand recognition that comes with it. A well-established brand can attract customers and provide a steady stream of revenue from day one. When considering a franchise…
The success of any business is linked to the level of enthusiasm you bring to the job.
In the world of entrepreneurship, owning a restaurant franchise can be an enticing prospect. It offers the opportunity to delve into the world of food service with the support of an established brand and business model. However, like any investment, there are inherent risks…
𝚉𝚊𝚌𝚑𝚊�.. @zmcgeary
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Looks like Suds2Go is going back on national tv with CBS deals and Steals! Will be on this summer! Excited about the opportunity. Suds2Go has so much potential. This fell in my lap, we have HSN/QVC calling as well. I wish I had more time and bandwidth to really drive it…
Only 1,352 SoFresh locations to go…
It's official: Tropical Smoothie Café gets acquired by Blackstone 💰 Founded in 1997, the franchise had 1,372 locations at the start of the year. The average location does ~$980k in revenue, which generated ~$76M in royalty revenue in 2023 (+15% YoY). Hell of a business
Excited to bring MilkShake Factory to metro Houston! We recently awarded 5 units across 2 franchise groups. Absolutely love this market!
@Preneur_Purpose They always say "stick to one thing". But once you've made success- exploring will help you level your business due to the exposure of more opportunities!
If you get off work and your son wants to have a catch or your daughter wants to swing on the swings with you; and your response is "I'm too tired", your work/life balance is out of whack.
Want to make your service business stand out? Apple said it best… think different. Why did Apple come up with this phrase? The slogan was widely taken as a response to the IBM’s slogan, “Think”. Pretty genius. Do things out of the norm. Get creative and see what works.…
Underrated part about a franchise? A lot less lonely. It's special to be part of a larger group all working towards the same goals, sharing best practices, and rooting for each other's success.
Just turned my homie in Tennessee onto @PennStationSubs which was founded in Cincinnati in the ‘80’s. He said it was fire. The best cheesesteak is from Ohio and that is a hill I will die on. Penn Station, the dark horse of Cincy Ohio exports.
@Preneur_Purpose An amazing stat. Investors need to align their goals with the expectations. Most all franchise opportunities are clearly not passive in nature but “sold” as such.
Why most want to be wealthy: - Foreign cars - Private jets - Instagram photos Why I want to be wealthy: - Create opportunity for my offspring - Impact my community - Own my time - Make my employees wealthy
It’s common for new franchisees to fall into the trap of being “busy”, wasting time of trivial tasks: - POS reporting - Cleaning CRM - Too much time on job sites They should focus on revenue-generating activities: - Finding referral partners - Hiring & training - B2B meet ups
🚨 Excited to share my first article for @Entrepreneur! It's all about #sensorybranding and how each of the five senses can be leveraged from a branding perspective in brick & mortar environments. Let me know what you think! 👇 entrepreneur.com/starting-a-bus…
Investor in 70+ Sonics, Hawaiian Bros corporate, and others. Looking to invest in 10+ unit opco/propco deals.
COO of Penn Station East Coast Subs. Appreciate the opportunities to learn and share.
Thanks for putting this community together. I left Corporate America in in 2021 to pursue franchising. Currently own a single unit in the Pet Industry with a goal to become a multi-unit operator. Learning and growing every day!
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