We are in some interesting economic times, making it difficult to predict the future. As a result, many multi-unit franchisees wonder if it is time to hit the gas or break. We have talked to multi-unit franchisee owners who have the cash and are interested in investing in the future. And then some are tired and considering selling all or some of the business to feel more comfortable.
Either approach requires a business succession strategy to ensure you receive the highest multiple or to scale for growth effectively. Depending upon the business’s positioning and the owner’s risk perspective, there are opportunities for multi-unit franchisees to take advantage of economic headwinds such as supply chain and inflation issues.
In this episode, Michael Einbinder, with Einbinder and Dunn and The Rawls Group’s succession planner Jeff Bannon discusses various opportunities at Multi-Unit Franchisees’ fingertips to fulfill their long-term business and personal goals.