Franchise Ownership: Finding the Right Business

Description

Did you know that 60% of small business franchises fail within 3 years?

This webinar inspects franchise opportunities for profitable purchases. During the webinar, participants will discuss the technical skills required of operators to survive the first year and the proper steps to complete due diligence. Join us for a program designed to give business owners the knowledge to discover successful concepts that fuel their future passions.

This program teaches business owners how to survey franchise opportunities and open challenging conversations with managers and staff.  Business consultants will outline indicators for financial risks in the first year and how to identify great workplace sentiment in an established business. These factors encourage operators to examine their buying propositions and explore new workforces.

LEARN HOW TO:

-Research and source local businesses for purchase

-Develop technical skills to manage employees

-Interview franchise staff to assess workplace culture

-Analyze financial risks in desired locations.

About the Presenter

Joe McCord is a business consultant at the UGA SBDC in Dekalb with over 30 years of experience in executive positions in accounting, operations, corporate development and franchising. He served in a consulting capacity with emerging and established franchised brands in operations, development, finance, strategic planning, process improvement, relationship management, contract negotiations and site analysis. He also served as the managing partner for a 7-location franchise of a major quick-service restaurant concept. Joe has a BBA from the University of Georgia, an MBA from Georgia State University and is a veteran of the United States Air Force.