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Advice for Prospective Franchisees from a Former Franchisee with Tim Ellisor
March 24, 2025 @ 9:15 am PDT
$15.00
About the event
We’ll cover a range of topics, including:
• Franchise industry overview
• Key industry players and incentives
• Regulatory oversight
• Top dozen concerns for franchisees
• Franchise myths
• Framework for weighing franchise benefits, costs, and risks
• Ten key lessons
• Private equity in franchising
• Recommended reading
Tim is a certified SCORE Mentor and former franchisee. Like many, he came into franchising after a long corporate career. Not knowing the franchise landscape, he made mistakes in his franchise search. Subsequently, he did a deep dive to better understand the scope and scale of franchising, incentives in the market, the trade-offs between emerging and mature brands, regulations, Franchise Disclosure Documents, the nature of Franchise Agreements, how to conduct due diligence, and other factors critical to a successful franchise search. He has developed a framework to help prospective franchisees think about how to weigh the benefits, costs, and risks associated with owning a franchise business.
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