other says co-president
Hicks. have a company culture
where our franchisees like helping
each other and want each other to
For business owners who are
used to controlling every aspect of
operations, it can be tough to let
go and allow franchise owners to
manage their locations as they see
fit. But leaving room for
creativity is a key to franchise
7. HOW DO YOU DEFINE
As a Tide Dry Cleaners franchisee,
you will have:
which may provide
opportunity with a
More than 65 years of fabric care
Best practices shared among an
impressive group of franchisees
Instant brand recognition and
Comprehensive training and
support from Agile Pursuits
Franchising, Inc., a company
OPPORTUNITIES ARE LIMITED.
Please email Franchising@TideDryCleaners.com
or visit TideDryCleaners.com/Franchising.
Agile Pursuits Franchising, Inc., a wholly
owned subsidiary of Procter Gamble
For business owners who look at
Five success and dream of
creating a huge national chain,
the reality of a typical
more modest success may be disappointing. Most will never hit 100
units, says attorney Kestenbaum.
But a regional chain that has hometown appeal can be lucrative and
easier to manage.
have one client in Tampa in
the pizza he says.
got 50 franchisees, and not
interested in going outside
For many entrepreneurs, the
point of building a franchise chain
is to build the system and then cash
out. Two years ago, for instance,
Camp Bow Wow was acquired by
animal-hospital operator VCA Inc.
The sales price disclosed,
but at the time, systemwide sales at
Camp Bow Wow were $71 million.
If the odds seem long on successfully turning your business
into a franchise chain you could
sell for big money, that may be a
good thing, says Reynolds.
Hopefully, that encourages business owners to keep working on
their profit margins and refi ning
their concepts until got
the capital to make it through the
initial years of trying to build a
is not a get-richquick he says. it