Employee to Entrepreneur-Options and Considerations of Franchise Business Ownership

Are you considering entrepreneurship as a career option but want a proven business model to get to your goals more quickly and safer? 

Would you like to run a business of your own that will provide greater autonomy and independence, but are not sure how to find, or choose, the right business for you?

This session will provide an overview of franchise business ownership and will address the following:

1. Pros & Cons of starting your own business, buying an existing business and investing in a franchise business model.
2. Common Myths about franchising debunked (Hint: It’s not all just fast food and retail!)
3. The importance of knowing your goals and objectives so you choose the right option.
4. How to fund your small business.

Presenter:

Dana Hall, Franchise Consultant, FranNet of Boston

Dana Hall is a fellow FENG member and franchise consultant with FranNet of Boston/  Dana provides expert advice and guidance for prospective franchise business owners. FranNet’s proprietary Personal Franchise Assessment tool, thorough and personalized one-one consultation, and a 34-year history of excellence sets FranNet apart. This combined with Dana’s 30 years of experience in financial analysis, strategic business planning, operations, and local store marketing results in superior outcomes for clients.

Dana was the Director of Finance for Retail Operations for Panera Bread during a period of rapid store growth and increased profitability. He was responsible for budgeting, strategic financial planning, KPI development and reporting, store metric evaluation, and profitability improvement for 900 company owned locations generating $2B in revenue. Dana held a similar role for the Wendy’s Company in the New England Division in addition to a strategic Marketing role for the Northeast Region. He has also served as a Franchise Business Consultant advising and counseling franchisees in the field on improving operations, driving incremental sales and generating increased profits.

Dana graduated from North Adams State College with a BS in Business Administration/Accounting and holds an MBA with a concentration in Finance from Suffolk University in Boston. 

FENG Presentation/Agenda: 

8:00 am – Introductions & 30 second elevator pitches (time permitting)

8:25 am – Presentation & interactive discussion 

9:15 am – Wind-down, and final networking discussions

9:30 am - Adjourn

PLEASE REGISTER:

Members login: http://www.thefeng.org/membersonly/ this will take you to your personal home page. Check the box for this event. 

Guests are welcome and please contact Boston Chapter Chair Marc Cote if interested in attending…  [email protected]

Zoom meeting link to be provided the evening before the event.

There is no fee for the program, however, when registering if you would like to help continue to support our great organization please feel free to make a tax deductible donation to the FENG right on the FENG website.  Thanks!!!

FENG Boston Chapter Leadership:

Marc Cote

Duxbury, MA

[email protected]

617-538-5688