The Soul of Entrepreneurship: How Giving Back Adds Value

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

For franchises, philanthropy not only serves a greater good, but can also help build standing in the eye of the consumer, says Steve Greenbaum, founder and CEO of printing chain PostNet.

Painting with a Twist, for instance, has a giveback program built in at the corporate level. Titled Painting with a Purpose, the company’s 144 franchise locations, host monthly fundraising events in which all proceeds are donated to local non-profits.

Other franchises operate charitable initiatives that are subject to customization. For instance, at Jacksonville, FL-headquartered French Fry Heaven, each storefront must contribute one percent of total revenue to a charity -- in the form of time or food, explains CEO Scott Nelowet -- though it is strictly up to each franchisee how these donations are proffered.

Learn more about how these businesses balance doing good with doing business in this short video.


How This French Fry Franchise Spreads Its Quirky Company Ethos Via Mobile Gaming

Why Franchises Have Discovered Food Trucks 

For Some, Business Search Starts at Annual International Franchise Expo


View Comments (0)