I Became a Franchisee So I Could Be My Own Boss Business lessons from the owner of Wing Stop, Dunkin' Donuts and Papa John's restaurants.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

Amyn Ali
Amyn Ali's franchises

Franchise Players is Entrepreneur's Q&A interview column that puts the spotlight on franchisees. If you're a franchisee with advice and tips to share, email ktaylor@entrepreneur.com.

After ten years of traveling around the world as a consultant for A.T. Kearney, Amyn Ali was ready to become his own boss. Like many entrepreneurs, he saw franchising as his most likely path to success. Starting with the iconic Dunkin' brand, he opened a Baskin-Robbins and Dunkin' Donuts location eight years ago. Today, he owns three Wing Zones, 10 Dunkin' Donuts and Baskin-Robbins and one Papa John's. Here's what he has learned.

Image credit: Amyn Ali

Name: Amyn Ali

Franchise owned: Three Wing Zones, 10 Dunkin' Donuts and Baskin-Robbins and one Papa John's.

How long have you owned a franchise?

I started in franchising eight years ago.

Why franchising?

I chose franchising because of the simple turn-key operations that it offers, minimal complexity, and how it minimizes your risk when you are going into business on your own.

Related: A Franchisee Who's Literally Building His Dream Business From the Ground Up

What were you doing before you became a franchise owner?

I came to Chicago when he was a little boy. After graduating from the University of Michigan with an MBA, I joined a consulting firm A.T. Kearney, allowing me to travel the world for 10 years. I saw great potential in franchising and wanted to be my own boss, so I bought a Baskin-Robbins and Dunkin Donuts location, which turned out to be immensely successful. I wanted to diversify my franchise portfolio, so I signed a 14-unit deal with Wing Zone, which was also the first in the city of Chicago.

Why did you choose this particular franchise?

Everyone wants to be their own boss for one reason or another. After a while, I just wanted to have control over my own destiny. I wanted to expand my brand repertoire after I saw how successful my Baskin-Robbins and Dunkin' Donuts locations did. Wing Zone was a perfect fit.

How much would you estimate you spent before you were officially open for business?

For Wing Zone you need a minimum net worth of $300,000 and liquidity of $150,000.

Where did you get most of your advice/do most of your research?

Most of my advice came from my network of friends and colleagues in business, along with speaking to successful people in the franchise industry.

Related: Why Franchisees Should Allow For Three Years Until Business 'Clicks'

What were the most unexpected challenges of opening your franchise?

Managing challenges is taking calculated risks. There's always challenges with competitive pressures, capital investments, and with the current economic climate. I needed to capitalize on each one of these challenges.

What advice do you have for individuals who want to own their own franchise?

So many people want to open up their own business and franchise, but fail to look at all of the pros and cons of business ownership. The most important advice that I can give is to really do your due diligence and look into your competition, the longevity of the brand, how you're going to manage it operationally. It helps to look at areas of the business that you normally may not think about

What's next for you and your business?

I plan on continuing to expand the Wing Zone brand throughout Chicago, while building out the commercial real estate to open these new locations in.

Related: A Franchisee Who Switched From Health Care to Auto Care

Wavy Line
Kate Taylor


Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Editor's Pick

'Catastrophic': Here's What You Should Know About the Debt Ceiling Crisis — And How a Default Could Impact Your Business
I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.
Want to Break Bad Habits and Supercharge Your Business? Use This Technique.
Don't Have Any Clients But Need Customer Testimonials? Follow These 3 Tricks To Boost Your Rep.
Why Are Some Wines More Expensive Than Others? A Top Winemaker Gives a Full-Bodied Explanation.

Related Topics

Business News

'All Hell Is Going to Break Loose': Barbara Corcoran Issues Warning About Real Estate Market, Interest Rates

The "Shark Tank" star appeared on FOX Business' "The Clayman Countdown" this week.

Business News

7 of the 10 Most Expensive Cities to Live in the U.S. Are in One State

A new report by U.S. News found that San Diego is the most expensive city to live in for 2023-2024, followed by Los Angeles. New York City didn't even rank in the top 10.

Money & Finance

3 Ways to Create Multiple (Big) Streams of Income

Here are three ways to create multiple streams of income. These strategies require effort and resources but offer significant financial potential.


The Real Reason Why The Return to Office Movement is Failing is Revealed in New Study

There is a vivid sign of the disconnect between employees and their workplace, a glaring indication that companies need to revise their scripts to improve their hybrid and remote work policies.

Science & Technology

She's Been Coding Since Age 7 and Presented Her Life-Saving App to Tim Cook Last Year. Now 17, She's on Track to Solve Even Bigger Problems.

Angelina Tsuboi, a full-stack mobile and web developer who also happens to be a pilot, has always been solution-oriented.

Business News

Roman Roy's 'Succession' T-Shirt Is a $7 Boys Shirt From Walmart — And Now It's Sold Out

Eagle-eyed fans noticed the uncharacteristic wardrobe choice in the series finale.