SCORE: Should You Franchise Your Business?
Please register with SCORE in advance for this program. Click on Join Event Online. This event is held on Zoom.
Description: Franchising your business would allow you to provide your business product or service to a wider audience across the US. You would be utilizing other people’s finances to grow your brand. Franchisees will pay you an initial fee (franchise fee) and ongoing royalties. The franchisee is investing in building their business locally. Long term this will provide you with a potential asset that has a greater resale value than multiple corporate locations.
Presenter: Jack Armstrong is the President of FranNet of New Jersey and has owned that business for the last twenty-eight years. He is Chairman of the Board of the parent company and has served on FranNet board of Directors for the past 25 years. FranNet has ninety offices nationwide and represents three hundred carefully selected national franchises. FranNet specializes in the sale and resale of will known national franchise companies. FranNet of NJ has won office of the year seventeen times.
Sponsor: TD Bank
Co-sponsor: East Brunswick Public Library