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Will Your Franchise Sell for What You Think it is Worth?
2008-04-21 14:25:00 One of the common questions prospective franchisees ask during the discovery phase of their franchise opportunity centers on the ability to sell the franchise. Generally, the franchisee is informed that it can be sold just like any other business. That is only partially true. Unfortunately, for the inexperienced franchisee, they will not find that out until many years down the road. While many businesses are sold based upon a multiple of the earnings of the business, this does not always hold true for franchises. You see, in the sale of a franchise, there is another party which must be dealt with, and that is the franchisor.Just because you want to sell your business does not mean that it can even be sold. Remember, every potential buyer must meet the requirements of the franchisor and the landlord, just as you had to. The next hurdle is the price. This is where things get a little tricky. For basic illustrative purposes, assume the business nets $100,000 and you want to sell it for... More About: Franchise , Worth , Sell
The Joys of Being a Franchise Consultant
2008-04-21 14:24:00 If you have been in an industry for 20 years and were at the top 5% level of productivity and knowledge and are now semi-retired perhaps you should be a consultant. Not everyone has what it takes to be a consultant, but if you do, you will find yourself in a nice place financially by taking advantage of your expertise and knowledge.Today, I am a semi-retired consultant to industry and having been in the franchising industry for so long I find that those are the most rewarding coaching opportunities for me. Of course it is not all good. There are some real winners out there. Luckily you can choose who you wish to do business with. My advice is to be the best, work only for the best and expect the best; let's call it "all the best!"Recently when discussing franchise consulting with a gentleman who wished to start a mobile franchise business making jewelry, we got to talking about past experiences and international business. No, not far off international business, just over the border... More About: Consultant , Franchise
First to Market Theory Completely Out of Sync with Reality
2008-04-21 14:23:00 Is being first to market really that important? I believe that the amount of energy and time purporting this myth is somewhat unnerving in that being first to market is not always so great. Indeed, I have been first to market many times and yes, no one can deny that often that is a total advantage. But it is also somewhat costly to chase hunches and the cost to build a prototype that crashes and burns is not so funny, especially when the future of your company hangs in the balance.As a veteran of the high stakes game of entrepreneurship, I completely concur with the comments that First to Market should not be the primary goal. You see it costs money, lots of it, or lots of grass-roots hard work to do a test market roll-out and introduce a new product or in my case "a new service" and after refining your techniques someone else can come into the market without having to pay for all the mistakes and hard-knocks and not have to worry too much about getting kicked in the teeth from havi... More About: Reality , Theory , Sync
Franchise Help Wanted - In Need of Qualified Franchise Attorney
2008-04-21 14:21:00 IntroductionBusiness ventures need to be complemented with excellent consultation. The more sources of information a business person has, the more efficiently they can undergo the process. Being part of a franchise is a wise decision, but many hours of research are needed for the appropriate acquisition of knowledge. Even after the process has commenced, a good business-minded person will realize that they constantly need to learn more through experience and through the consultation of others.Why they are neededGetting a qualified franchise attorney is a suggested component of the franchise process. Look for an attorney that specializes in franchise law and has spent some time working with the franchise industry. Not only should they know franchising very well, but they also need to know your particular state?s franchising rules, laws, and regulations. It is also suggested that the selected attorney is not affiliated with the franchisee?s franchisor.Good law consultation is needed a... More About: Attorney , Franchise , Wanted , Help Wanted
Get Free Fast Food Using an Austin Business Consultant
2008-03-29 09:09:00 I want to share an interesting ad I saw in the paper the other day: Wealthy fast food addict in search of an Austin business consultant to guide him in the purchase of a fast food franchise so he can save money on burgers and fries.Okay! I didn?t really see that ad, but I know Texas business strategists and business coaches all around your area that could help that person, or you, find and purchase a franchise by guiding you through the process if that?s what you want to do.Just so happens that, even though I?m awful with an opening joke, I know a few things about buying a franchise myself that I learned from Austin business consultants. This time I?ll be serious, so please keep reading.As with anything, common questions arise that you want answered before you begin to even consider buying a franchise. Before you consult with a Texas business consultant or business strategist, you must read the answers to those questions and save yourself some time and maybe money.How does a franchi... More About: Business , Food , Consultant , Fast Food , Free
Financing A Franchise - The BIG Error
2008-03-29 09:08:00 So you fancy a franchise eh? You like the sound of the whole ?in business for yourself, but not by yourself? thing. You?ve done your research and you reckon you can see the way ahead. You reckon your future lies under the banner reading ?Franchise ?.Then you come up against the $64,000 questions?1) How much will it cost?2) Can you afford it?Now if you are at all human you will have done what every prospect on the path to making a purchase of any sort does. You will have pictured what it will be like to own that franchise. Which is perfectly understandable.BUTYou are also laying yourself open to the biggest mistake that prospective franchisees can possibly make. You see you can be in danger of letting your judgement be affected by a fatal affliction that is the cause of huge misery in many walks of life, but especially in Franchising. That affliction isOVEROPTIMISMEven the most level-headed individual is prone to it from time to time. Most of the time you get away with it, but in fran... More About: Financing , Error
Why Franchising Needs Women
2008-03-29 09:07:00 That there are differences between men and women should not come as a surprise to anyone. That those differences would be a consideration and even a key method in determining whether or not a person would have greater success in the franchise world seems to be more than shocking it's downright politically incorrect. That is until understanding that the determination is that the franchising world needs more women franchise owners. According to recent studies, and also to age old observances of the many differences in the way men and women think and operate, women tend to have a different style and approach to business thinking that allows them a significant edge in the franchising market.Women and men are both capable workers in the business world, but studies have shown that women are the gender with a tendency to multi-task several different operations, while at the same time not allowing minor hindrances and details to bog them down and detract from a long term overall picture. T... More About: Franchising
Franchise Success vs Entrepreneurial Spirit in a Super Smackdown Event
2008-03-29 09:07:00 You're all the things a good entrepreneur should be: driven, disciplined, confident and focused. Business problems that send others running for cover are simply the fuel that feeds your ambition. You prepare and prioritize like a paratrooper and you're as independent and steadfast as a bull taunted by fluttering scarlet silk. If you opt to buy a franchise, prepare for a smackdown.Buying a franchise requires many of the same characteristics starting a business from scratch demands, but tempered in a way that allows the franchisee to integrate into a network. A successful franchise owner should be a good leader, but one who can listen to and take advice from peers and colleagues - and a franchisor.Learning the franchise system means going back to school - as the student. Good franchisors must have the patience and tolerance to learn, understand and implement an already established system, leaving little room to do things their own way. Are you prepared to accept the franchisor's wa... More About: Event , Success , Super , Franchise , Spirit
4 Tips To Remember When Talking To Franchisors
2008-03-20 13:34:00 Franchising research is a dangerous business for potential Franchisees. The Franchisor can hold all the cards?.unless you see the relationship for what it is!I?ve set out below 4 rules that I go into in more depth in my book. Ignore these at your peril, but take them into account and you and the Franchisor can have discussions with the deck not stacked against you.1) The Franchisor is wishing to enter into a contract with you that will enable him to grow his business. The relationship that you develop is based around MUTUAL benefit. In the light of this, there is no need to feel that you have to impress the Franchisor or that when you meet with them you are applying for a job.2) The purchase price of the Franchise should be in proportion to the rewards that are realistically on offer. Don?t forget, every penny spent in the purchase of the Franchise is one less going into the development of the Franchise after purchase.3) Remind yourself that the person who is taking the biggest risk... More About: Tips , Talking
The Eight Best Franchise Opportunities Of 2006
2008-03-20 13:33:00 Wondering what franchises provide the best business opportunities? The results are in for 2006?s best franchise businesses. Check here to see if your favorite franchise made the list!International. This company provides graphic design for signs large and small, as well as trade show displays, banners, electrical signs, and graphics for vehicles. The company has a great track record, with over twenty years of experience under its belt and consistently strong sales.HomeVesters of America, Inc. You?ve probably seen those ads that say ?we buy ugly houses!? Meet the company behind the ads: real estate experts who operate in a special niche market?undervalued property. Those who?ve bought into the franchise love the fact that the business provides group rates on vacant property insurance and strong support of its franchise owners through conventions, personal consultations, a detailed website, and more.Haagen-Dazs Who doesn?t love ice cream? Franchise -owners find this company as hard to r... More About: Opportunities
Buying a Franchise Business
2008-03-20 13:32:00 Buying a franchise is often a good way for people to own a business, who might not have as much experience or confidence in running a business. Franchise s offers a safer alternative, with less risk & more support than building a business from scratch.The success of franchises' comes down to the fact you have a proven and working business model, with many other franchisees having already taken the (hopefully successful) step into owning the same franchise.Benefits of owning a franchise:- Established brand.- Established marketing campaigns.- Cumulative purchasing power.- Proven successful business model.- Support, assistance and training.- Risk avoidance.Before jumping headfirst into a franchise, you should tread carefully. It is likely you will be sinking a lot of money into non-recoverable costs - for example, franchise fees, legal costs and brand new equipment/store setups.You should also be weary of new franchises promoting the 'best new thing' - no matter what the flashy broch... More About: Business , Buying
5 Marketing Tips - Franchises Benefit from Integrated Promotions and Mail C
2008-03-20 13:27:00 If you are like most franchisors, you continually face the same challenge: how to grow your business in a competitive marketplace. The primary leverage points franchisors have to grow their companies are twofold: add more franchisees to their networks and ensure the ongoing success of those franchisees once they have been added. One key to achieving both is to plan and execute optimal promotions and direct mail campaigns.In order for a given franchise network's promotions and direct mail campaign to be optimal, the campaign must meet four conditions: 1. must be cost-effective, 2. must accurately communicate the value proposition of the company, 3. must be easy for franchisees to participate in, and 4. must target the right customers and prospects.With these conditions in mind, here are 5 marketing tips for franchises for designing and executing integrated campaigns:Tip #1: Standardize your marketing materials:One of the cornerstones of good branding is the ability to present an int... More About: Marketing , Mail , Marketing Tips , Tips , Promotions
PrideStaff
2008-02-22 12:47:00 Franchise DescriptionAbout UsPrideStaff is a national staffing franchise organization consistently delivering innovative solutions to the staffing challenges employers face. We do this through a network of high caliber franchisees that have developed significant businesses by embracing the PrideStaff system. Over our 25 plus year history, our franchise model has been highly successful. PrideStaff has consistently outpaced the growth of the staffing industry year after year.Industry GrowthFor the third decade in a row, the staffing industry has been one of the fastest growing industries. Following a decade of double-digit growth, the industry continues to be strong and the timing is good to open a franchise . According to the latest analysis by the Bureau of Statistics, the Staffing Industry will generate more new jobs over the next decade than any other industry.Complimentary StrengthsThe most successful staffing franchise owners are passionate self-starting business people who cher...
Spherion
2008-02-22 12:41:00 Franchise DescriptionSpherion is a leading staffing and recruitment company with a nation wide network offices and $2 billion in annual revenues. As one of the nation's largest employers, we've placed millions of workers in temporary, temp-to-hire and full-time jobs. Our more than 8,000 clients include 85% of the Fortune 100 companies.A high-growth industryOver the next decade, the U.S. staffing industry will add more jobs than just about any other industry, according to the Bureau of Labor Statistics. In fact, spending on staffing is expected to reach $100 billion in 2007, according to Staffing Industry Analysts.Align yourself with experienceSpherion, with 60 years of experience, understands the trends and nuances of staffing and is able to guide our franchise offices because we have been in the industry from its inception. Our company - and our industry - has stood the test of time.We were awarded the prestigious World-Class FranchiseTM designation based on a thorough survey of ...
Personalized Management Associates
2008-02-22 12:37:00 Franchise DescriptionPersonalized Management Associates , founded in 1985, has pioneered an executive search system for management staffing in our niche markets of retail, restaurant and hospitality management. We have become one of the largest recruiting chains specializing in these niches in the United States. Few companies have the reputation of Personalized Management Associates in finding innovative employment solutions for both companies and candidates in today's workplace.PMA Franchise Systems, Inc. began in 1999 to franchise our system of search and placement. A PMA Franchise allows you to be in business for yourself but not by yourself!Entrepreneur Magazine has ranked PMA Franchise Systems, Inc. in the "Top 200 Low-Cost Franchise Opportunities." A USA Today article listed PMA Franchise Systems, Inc. as one of the top recruiting franchise opportunities in the United States.Franchise Training and SupportPMA training, guidance and support is led by "Certified Personnel Consult...
Lloyd Staffing
2008-02-22 12:34:00 Franchise DescriptionThe Lloyd companies have been fine-tuning our unique approach to staffing and employment since our inception in 1971. During this time frame, we have successfully served thousands of employers, job seekers and temporary employees. Our blended service concept truly embodies the entire spectrum of staffing, including temporary personnel, consultant referrals, contingency placement and executive search. And, because we recognize that the field of human resources has significantly changed its structure and focus over the years, we have also added several complimentary and compatible staffing components to our service line to enhance the support we provide to the business community.Franchise Training and SupportPermanent and temporary operations for total synergy and maximum profit opportunities. Although we recommend that your franchise offer both disciplines, you may choose to enter each area one at time, with the ultimate goal of becoming a totally blended staffin... More About: Staffing
Sanford Rose Associates
2008-02-22 12:28:00 Franchise DescriptionSanford Rose Associates ' mission is to be the preferred provider of custom recruiting services to clients worldwide. We serve clients who are looking to fill middle- or upper-management positions in a variety of industries. SRA's focus on exclusive relationships with companies enables us to identify and carefully court the top people for each position.SRA's proprietary methodology, Dimensional Search(r), creates a unique three-dimensional profile that matches a candidate's personal skill level to job requirements, past experience to futur expectations and management style to corporate culture. Second is our history of excellence. The first SRA office opened in 1959 and began franchising in 1970, awarding a limited number of franchies each year to help ensure a high level of profesisonalism, performance and service that can best meet our clients' expectations. And, specializing in a particular industry or occupation, the profesionals in each office are exper...
@ Work Franchises Inc.
2008-02-22 12:22:00 Franchise DescriptionOne of the most important aspects of the @WORK network is the relationship between the franchisee and the franchisor. We believe that maintaining a good relationship with our franchise owners is critical to their success. That belief is why we place such high emphasis on the standard of quality for the services, facilities, and personnel in each franchise operation. All of these elements combine to present a professional image to our clients and employees. Our open communication and meaningful relationships are what keep the system alive and vibrant. We must all be aware that through constant interchange of ideas and creative concepts we remain fresh and continue to grow. We maintain that the relationship between us is the essence of greatness. For this reason, we stress the significance of good franchise relations. We continuously strive to provide you with the assistance and support you need to make your @WORK franchise reflect the very best it can be. @WORK P... More About: Work
Snelling Staffing Services
2008-02-22 12:17:00 Franchise DescriptionWe offer franchises to qualified individuals and entities to operate one or more personnel service businesses providing career placement, employee leasing, temporary, and Temp-To-Hire services. The franchised businesses are established and operated by franchisees under a combination of training, knowledge, methods and techniques for operating such a business.ith more frequent career changes and new types of job opportunities, the demand for staffing services has never been greater. As a matter of fact, The Bureau of Labor Statistics, a U.S. agency charged with tracking labor markets, says there will be 10 million more jobs than employees by 2010. By then the economy will support 167 million jobs and there will only be 157 million workers. These changing dynamics provide tremendous opportunity for you as a Snelling franchisee. Virtually everyone you come into contact with is a potential customer.When you join the Snelling team you are joining a business that has ... More About: Services , Staffing
Express Personnel Service International
2008-02-22 12:13:00 Franchise DescriptionWith nearly 600 offices worldwide, the company has enjoyed amazing success, annually exceeding industry growth trends. Express is consistently ranked by business magazines like Success and Entrepreneur as one of the best franchising opportunities in the country. 96% success rate over 24 year history. Franchisor has never been sued by a Franchisee over the Franchise Agreement. Express Personnel had annual sales in 2005 of nearly 1.6 Billion and 1.33 Billion in annual sales in 2004 of a $72 billion industry. Express is running ahead of the industry with over 22% in sales growth. Currently Express is the 5th largest Staffing Company in the US and the largest privately held fully franchised worldwide. The Benefits of Franchising with Express Include:*Full service Franchise Agreement with exclusive territories*Major Medical group policy through BCBS for Franchisees and family*Low initial start-up investmentFranchise Training and SupportOffered every month and held at... More About: International , Service
Decor & You
2008-02-22 12:13:00 Franchise DescriptionDecor & YouŽ gives you the opportunity to build a home-based business in the expanding field of interior decorating!The industry's newest decorating franchise, Decor & YouŽ features personalized service from professionally trained interior decorators and state-of-the-art computerized sampling. We provide our franchisees with a Regional Developer to support them through the developmental stages of their growing businesses and provide coaching and problem-solving assistance while tracking and nurturing their success.A Growth IndustryThe interior decorating field is a vast, exciting and exceptionally lucrative market in which to conduct business. Americans currently invest at least $60 billion annually on home furnishings. A recent study by the 2000 American Express Retail Index shows that over 30% of homeowners plan three or more home improvement projects a year. Decor & YouŽ gives you the opportunity to build a home-based business in the expanding field of inter...
Nationwide Floor & Window Coverings
2008-02-22 12:13:00 Franchise DescriptionAmerica`s premier mobile floor & window coverings franchise. We provide free, shop at home service to today`s time-starved customer. Low overhead, national account pricing, comprehensive training, proven marketing programs and the largest exclusive territories in the industry allow us to be ranked as one of the best home based franchises in both Entreprenuer and Income Opportunities Magazine. In addition, we were ranked in the top 200 franchise listing by Success Magazine.Franchise Training and SupportYou will start with 6-8 weeks of pre-training at home. Videos, manuals, audio tapes and products are reviewed. This will be followed by one week of hands on formal training at the franchise heaquarters in Milwaukee, Wisconsin. Extensive ongoing support, 24 hour toll free help line, intranet and workshops are also provided to help you succeed. Executive Growth Package available.Investment RequirementsFranchise Fee: $40,000Required Cash liquidity: $35,000 to $90,000T... More About: Window , Floor
Bank Loans for Buying a Franchise
2008-01-25 17:02:00 By Jim WilsonThe time has come. The decision has been made; you are going to leave corporate life, buy that franchise and be your own boss. Great! Have you thought about how you will finance it yet?To effectively apply for and land a commercial loan for your franchise, you must understand the commercial lending business in order to get the best results. My goal here is to introduce you to commercial lending and provide insight into how banks approve and make loans so that you can approach commercial lending with a better chance of approval.Maybe the place to start is the bank's perspective on lending money. Most new franchisees are absolutely positive of their eventual success with their franchise business and want the bank to share in that success by approving a loan for the needed capital. From the bank's point of view, however, all loans look the same. A bank's return on a loan to a start-up is the percentage rate charged just like it is on a loan to the biggest corporation in... More About: Buying , Loans , Franchise , Bank , Ranch
Could "Biz Opp" Offers Be Out for Your Coffers?
2008-01-25 17:00:00 Courtesy of the Bureau of Consumer Protection, Federal Trade CommissionA-1 Pay phones. $160K (thousand) per year potential ? Premium locations.Huge profits. Distribute candy mints, part-time, full-time ?Work 6 hours/week. Earn 45K+/year. Must sell!Big $$. No competition. Low investment.It's easy to see why ads for business opportunities like these appeal to consumers looking to make extra money: They promise good pay for little effort. But, as many consumers who have answered these ads have learned -- and the Federal Trade Commission (FTC) has found -- many business opportunity promotions are nothing but scams that take consumers' money up front and fail to deliver on the promises.If you're a prospective business owner, what can you do to make sure this doesn't happen to you? First, do your homework, including getting pre-investment information in writing. Under the FTC Franchise Rule, most potential business purchasers have the right to receive information about the earnings po... More About: Offers
Healthy Fast Food: Oxymoron or Competitive Advantage?
2008-01-25 16:58:00 by Patricia Schaefer"Traditional marketing says fill a need and you'll be successful. America has a huge need to eat healthy and no one's filling that need in the fast food market... not really." So says Jaynie Smith, author of Creating Competitive Advantage and president of Smart Advantage, Inc.Smith is right about the huge need for Americans to eat healthy: According to the National Center for Health Statistics, 66.5 percent of adults are overweight or obese; 32 percent of adults obese. Just as alarming if not more so, childhood obesity is escalating; tripling since the 1970's. 17 percent of adolescents and 19 percent of children are overweight.Increasing demands, legislation and litigation directed at America's fast food industry is now at fever pitch. Every day headlines abound on the issue of our fast food giants and the customers and food they serve: * "America's Deadly Junk Food Addition" * "Wendy's Significantly Cuts Trans Fats" * "NYC Councilman Proposes Limi... More About: Fast Food , Fast , Healthy
Multi-Unit or Multi-Concept?
2008-01-25 16:52:00 By Michael H. Seid and Kay Marie Ainsley, Managing DirectorsMichael H. Seid & Associates, LLCQuestion: Three friends and I have decided to pool our investment dollars and buy some franchises. Our backgrounds are financial, sales, and business administration. We have investigated several different franchise opportunities and have enough money to either buy six to 10 locations from a single franchise or one to two locations from three different franchises. Our question: Is it better to own several units of one franchise or to own one or two of several franchises?Answer: You may find that some of the franchisors you are considering will not allow you, under their standard agreements, to own or operate other businesses while you are a franchisee of their system. Many will not offer to sell you a franchise if they know in advance that your full attention, at least in the beginning will not be focused on their brand, especially if your team is going to be working on several new concepts a... More About: Multi , Concept , Unit
Understanding the Franchise Contract
2008-01-25 16:50:00 Source: U.S. Small Business AdministrationThe franchise contract, like the Uniform Franchise Offering Circular (UFOC), is a very important document. The contract is probably the most important document in the transaction process. It is a legal commitment which is binding on both the franchisor and franchisee. In the franchise contract, the franchisor's promises must be presented to the franchisee in writing and subjected to careful scrutiny. During this stage of the buy/sell process, the franchisee must have competent legal advice regarding the meaning and effect of the contract.When reviewing the contract, you and your attorney, will need to determine if it confirms what you have been told. If you find improprieties in the contract at this point, you may decide to withdraw from the transaction before committing your time, energy and money to an agreement that may not be beneficial for you. If, however, you choose to continue with the process, you may be able to negotiate favorable... More About: Contract , Understanding , Ranch
How to Avoid Buying a Franchise that Might Go Under
2008-01-25 16:46:00 By Lori Kiser-BlockStatistics show that your chances for success as an entrepreneur are greater if you start your new business as a franchisee rather than opening a business all on your own. However, there are times when even franchise systems aren't successful and around for the long term. Of course there are no guarantees but you can boost your chances for finding a franchise with stability by doing some additional research.A franchise company usually begins when someone has a desire to bring a product or service to a wider audience. One or more units, often called company stores, are opened so the product or service can be tested, refined, retested and improved. Once the company stores have experienced some success, the company will begin early franchising efforts.Opening the first 10-25 franchised units is often the most difficult phase for a franchisor. The company will have to learn how the concept works in a variety of locations and with a variety of franchisees. Marketing c... More About: Buying , Franchise , Avoid , Ranch
The Best, Worst and Most Surprising Things About Being a Franchisee
2008-01-25 16:45:00 by Patricia SchaeferWhat have you personally found has been the best thing about being a franchise owner? What have you personally found has been the worst thing about being a franchise owner? Was there anything that surprised you about being a franchise owner?These are the survey questions Franchise Trade asked franchisees across the U.S. Franchisees are from franchise systems large and small, in a variety of industries, and located in all regions of the nation. All responses were anonymous so franchisees would feel free to "tell it like it is." Accordingly, the names of franchisees and their franchise systems are not given in order to protect franchisees' identities.What these franchisees had to say is a fascinating snapshot of a frank "unhyped" reality of what it's like to be a franchisee today.What have you personally found has been the best thing about being a franchise owner?The price of advertising is cheaper than if I had a business of my own.The best thing has been the pr... More About: Things , Ranch
Multi-Unit Franchising on the Rise
More articles from this author:2008-01-25 16:42:00 by Patricia Schaefer"Historically unprecedented." That's what Darrell Johnson, President and CEO of FRANdata, says about the fact that about 50 percent of all franchise units are now owned by multi-unit franchisees. FRANdata has been tracking for years the incidence of multi-unit franchising. Johnson and others agree that multi-unit franchising is one of the industry's most dominating growth trends. As the growth of multi-unit and multi-concept franchising intensifies, it is becoming part of the amazing evolution and maturation of U.S. franchising. A number of today's franchisees are highly experienced and savvy business professionals who are strategically building their own small franchise empires. At the same time, more and more franchise systems are seeking multi-unit development agreements as the best and sometimes sole way to grow their franchise concepts.Factors contributing to the rise of multi-unit franchisingProfitabilityIncreased profitability for both franchisor and fr... More About: Multi , Rise , Franchising , Unit , Ranch 1, 2 |



