Buying a Franchise
What Franchising Can Teach The NFL About The Impact of Private Equity
The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.
Alicia Miller is the founder of Emergent Growth Advisors and author of Big Money in Franchising: Scaling Your Enterprise in the Era of Private Equity. She advises franchisors and multi-unit operators on growth and transformation challenges and advises private capital firms pre- and post-transaction.
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More From Alicia Miller
Buying a Franchise
The Franchise Industry is on The Verge of Massive Change With Private Equity’s Potential $8 Billion Acquisition of Jersey Mike’s
Two iconic brands, Subway and Jersey Mike's, may sell to private equity after years of being closely held. Heavyweight PE firms are an increasing force within the franchising sector, marking a strategic shift and altering the industry landscape.
Buying a Franchise
3 Ways to Get on The Road to Franchising — And How to Find the Right Business For You
Although franchising contributes significantly to the US economy, most US business schools lack dedicated franchising curriculums. These three sources will help you get started and find out which franchise is right for you.
Buying a Franchise
An Innovative Financing Technique is Gaining Traction — And It’s a Big Factor in the Potential $9.5 Billion Subway Acquisition
Roark Capital's proposed acquisition of Subway introduces a significant pivot. This strategy shift towards a substantial debt model underlines the evolving dynamics of franchise growth and capital structure, spotlighting the broader acceptance of whole business securitization as a cornerstone in franchise financing.
Buying a Franchise
Commanding a Premium Franchise Sale in a Cautious 2024 Private Equity Investment Climate
Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.
Buying a Franchise
The Secret to a Successful Sale — Expert Tips to Navigate Common Deal Derailers
The more you can anticipate potential deal de-railers, the more likely you'll have a successful exit transaction worthy of your time, investment and effort.
Buying a Franchise
4 Things You Need to Know About Private Equity Investors in Franchise Businesses
This simple list should be at the root of every decision you make about building your brand until you decide to sell or bring in a private equity partner.
Buying a Franchise
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One
A successful private equity transaction for your franchise business means bringing on the right strategic thought partner.
Buying a Franchise
Franchise Resales Could Be Your Best Route to Franchise Ownership. Here’s Why.
Stepping in to run a business that's already producing cash flow may be a better fit and less risky for many prospective franchisees.
Buying a Franchise
Considering Becoming a Multi-Unit Franchise Operator of a New Brand? Here’s What You Should Know First.
Here's what you need to know before making the decision to become a multi-unit operator for an emerging brand.
Buying a Franchise
Should You Buy a Franchise or Start Your Own Small Business? Ask Yourself These 5 Questions First.
In other words, are you an entrepreneur... or a systempreneur?
Buying a Franchise
Here’s How You Can Tell Which Franchise Opportunity Is Best for You
There are 7 franchise systempreneur personality types — knowing yourself can help you select the best franchise opportunity for you
Buying a Franchise
In a Crowded Field of Emerging Franchises, Only the Strongest Brands Thrive
Intense competition keeps a lid on new concepts.
Buying a Franchise
Use This Checklist to Avoid Buying a ‘Zombie’ Franchise
Here are 20 questions that will save you time and money. There are great franchise options out there, but you must do your due diligence.
Buying a Franchise
Thinking of Selling Your Franchise to a Private Equity Firm? Here Are 9 Ways to Build a Valuable Reputation
Private equity (PE) firms are watching your franchise business — right now. If you want to eventually exit via a private equity buy-out, you must build a valuable reputation.
Buying a Franchise
Franchising Isn’t for Entrepreneurs, It’s for Systempreneurs
First determine if you can follow a system, then find the right system for you.
Buying a Franchise
Are You a Resilient Franchisee? Let’s Find Out.
Preparation and mindset make you a better franchise candidate as well as entrepreneur.
Buying a Franchise
Don’t Get Caught on the Wrong Side of This Odd Franchising Phenomenon
Why does the same franchise opportunity look simultaneously compelling and questionable, depending on who you ask?
Buying a Franchise
How to Move Forward With Confidence When You’re Unsure About Becoming a Franchise Owner
Do your homework on the franchise that interests you. Then move forward with confidence.
Buying a Franchise
For First-Time Franchisees: Think Like a Multi-Unit Franchisee From the Start
Thinking big is a catalyst for better decisions and outcomes. Here's why.
Buying a Franchise
4 Reasons New Franchisees Fail (and How to Succeed)
To be a successful franchisee, avoid disconnects between your initial good intentions and business ownership reality.
Buying a Franchise
2 Time-Saving Questions to Ask in Your First Franchise Information Call
Get to "no" quickly on bad-fit concepts, so you can say "yes" to the right franchise opportunity.
Buying a Franchise
Buying a Franchise? Make Sure the Marketing Process Is Worth It
Make sure the franchise you buy, and their marketing system, are worthy of your time and investment.
Buying a Franchise
To Make a Smart Franchise Purchase, Ask These 3 Contrarian Questions
Franchising is a powerful and highly successful entrepreneurial model. But it's not as turnkey or foolproof as some franchise salespeople would like you to believe.
