How To Grow Your Business Through Franchising
Running a Business

How To Grow Your Business Through Franchising

Description

Originally aired Mar 22, 2021

So you’re ready to expand your business, but where and how do you get started? Franchising is one of the fastest ways to grow, but it’s not for everyone. There are several questions you have to ask yourself concerning your finances, time commitment, goals, and more before diving in.

This is where franchising experts Rick Grossmann and Rob Gandley come in. With 30 years of franchising experience, Grossmann and Gandley know the ins and outs of turning a business into a franchise organization. To start, they know what factors you need to weigh before taking the leap.

In the first installment of our four-part Franchising Your Business webinar series, Jason Feifer, the editor in chief of Entrepreneur, will sit down with Grossmann and Gandley to discuss how you can determine if franchising is the best move for you.

During this webinar, they will

- Introduce the benefits of franchising

- Give you a glimpse of how running a franchise organization will change your business and life

- Teach you how to evaluate if you’re ready and equipped to franchise your business

- Explain the commitment you need to succeed

 

Rick Grossmann has been involved in the franchise industry since 1994. He franchised his first company and grew it to 49 location in 19 states during the mid to late 1990s. He served as the Chief Executive Officer and primary trainer focusing on franchise owner relations and creating tools and technologies to increase franchisee success.

Rick had the honor of working with his mentor, Erwin Keup, as a contributing Author for the 7th edition of Entrepreneur Magazine’s Franchise Bible published by Entrepreneur Press. Mr. Grossmann has been chosen as the new Author of Franchise Bible and his 8th Edition was released worldwide in January of 2017. He currently serves as an executive coach and strategist for multiple franchise clients."

 

Speakers

Franchise Bible Author, Speaker and Coach

Rick has been involved in the franchise industry since 1994. He franchised his first company and grew it to 49 locations in 19 states during the mid to late 1990s. He served as the Chief Executive Officer and primary trainer focusing on franchise owner relations and creating tools and technologies to increase franchisee success.

Rick developed and launched his second franchise organization in 2003. He led this company as the CEO and CMO growing to over 150 locations in less than three years. He developed the high tech/high touch franchise recruiting and sales system.

Both companies achieved ranking on Entrepreneur Magazine’s Franchise 500 List. During this period Rick served as a business and marketing consultant to small business and multimillion dollar enterprises. He also consulted with franchise owners and prospective franchisees, franchisors, and companies seeking to franchise around the world.

Rick is the Author of Entrepreneur Magazine's Franchise Bible series and his 9th Edition was released worldwide in April of 2021.  He also is a contributing author to Entrepreneur Magazine and other industry publications on the subject of franchising and business.

He currently heads up the Entrepreneur Franchise Advisors program, serves as an executive coach and strategist for multiple franchise clients and is the co-host of the Franchise Bible Coach Radio Podcast with Rick and Rob.

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