Tennessee Feature Articles
Looking for a franchise opportunity in Tennessee? Whether you're a first-time business owner or a seasoned entrepreneur, Tennessee offers exciting potential for franchise success. From food and beverage to retail and services, the diverse economic landscape in Tennessee is ripe for franchise opportunities. Explore the best franchise options today and take the next step toward business ownership in Tennessee.
Informative articles to support business buyers, franchisees, and franchisors in Tennessee.
Mary Carol McDaniel and her husband Frank own three (soon to be four) Pump It Up franchises in Alabama and Tennessee. But unlike most multiple unit franchisees, they didn't do a lot of research or planning or interviewing of franchisors to decide on a concept. It walked up to them.
- 6,222 Reads 215 Shares
For multi-unit owners, planning an exit strategy is something to consider long before investing in that first unit or concept. What are your long-term goals? Would you like to sell in five years? Ten? Pass the business to a family member? Make a clean break, or keep your hand in? Is trading your cash flow for a lump sum the best way to go? What about seller's remorse?
- Eddy Goldberg
- 5,174 Reads 11 Shares
"We were coming off really strong sales increases. We had just remodeled all the restaurants, our cash flow had increased significantly over the past two or three years, and we had some very good growth opportunities. It was a perfect time to sell."
- Eddy Goldberg
- 6,594 Reads 1 Shares
Franchised businesses generate jobs for more than 18 million Americans and account for 9.5 percent of the private-sector economic output, a study released today by International Franchise Association Educational Foundation reported.
- 3,008 Reads 6 Shares
Last November Captain D's Seafood announced seven new franchise agreements that will add at least 34 new franchise locations to the system. The largest was with Serve Holdings, led by veteran multi-unit operator Clarence A. Mitchell, III, who bought 20 company stores in the Memphis DMA. He will remodel all 20 with the company's new prototype and develop 15 new stores in the next 5 years. The deal grants Serve Holdings exclusive expansion rights in western Tennessee and three surrounding states (MO, KY, and IL).
- 2,250 Reads
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