Franchising and Succession Planning
The key is to create the best succession plan for your current circumstances. Revisiting, re-evaluating and if necessary, updating your plan should be done annually or whenever a major event takes place in your personal or the life of the business.
Mark Ciociola of Discovery Map International, Inc.
Mark Ciociola and his family to get into the Discovery Map International franchise business. Today, Ciociola owns four franchise business locations with the maps brand: two in Tennessee, one in Utah and another in Hawaii.
Chem-Dry Earns Top Franchise Business Honor from GBM
Chem-Dry Carpet and Floor Cleaning has won the Best House & Office Franchise category in the Global Franchise Award Competition for 2018. This year's competition will be highlighted in a later issue of the Global Franchise magazine (GBM).
Multi-Unit Franchises: What’s the Difference?
Under the Area Development arrangement, a person is granted, in exchange for a fee, the right to open and operate multiple unit franchises, often within a specific geographic region, or “territory.”