Community Corner
SEP 11: FranNet Hosts Master Franchising Workshop in Reston to Explore How Entrepreneurs Can Evaluate and Select These Often Lucrative Franchise Arrangements
FranNet of Virginia, a franchise matchmaking service that provides free counseling as well as educational seminars to people contemplating business ownership, is co-hosting a Master Franchising Lunch & Learn along with a major master franchising company which has an existing local opportunity for an extremely lucrative territory. A master franchise is an arrangement with a franchisor to own a very large territory—often an entire state—with rights to sub-franchise.
Master franchising is the true money-maker in the franchise world. By developing and leading a team of business unit owners, master franchisers profit from multiple revenue streams generated by the efforts of others, which creates a large, long-term annuity. The workshop will explore how to evaluate and select a master franchise arrangement.
The session is taking place on Wednesday, September 11 from 12 – 2 PM at 1818 Library St., Suite 500 in Reston. Space is very limited and will be granted on a first-come, first-served basis. To reserve a seat, RSVP to Heather Rosen of FranNet at hrosen@frannet.com.