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What a Ride!

Take a look at how franchising has evolved over the past 30 years.

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This story appears in the May 2007 issue of Entrepreneur. Subscribe »
As a leading franchise attorney and renowned franchising expert for more than three decades, David J. Kaufmann has been witness to a multitude of changes in the marketplace, from the maturing of franchisor/franchisee relationships to the booming of household-name franchises. Here, he provides his inside perspective on how franchising has changed life as we know it.

What a different world both franchising and Entrepreneur were encountering when this now-indispensable magazine debuted in 1977!

In fact, my kids can't figure out how any of us even functioned back then. There were no personal computers, e-mail or cell phones. FedEx was just a startup. And we lawyers were still banging out documents on electric typewriters. Saturday Night Fever and Rocky were the hit movies of the year, President Carter took the oath of office, and my beloved New York Yankees won their first World Series following a 15-year drought.

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