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When we look at franchise systems that go into decline, it is often because they lack a formal franchise resale program. With increasing numbers of baby boomer franchisees exiting business ownership for retirement, closed units that were once thriving can quickly outpace the number of new units you onboard.
Setting up a franchise resale program is not just necessary, it is simple to structure. Listen in as we discuss our tips and strategies with guest Liz Berman from BizBuySell. Don't let franchise resales ruin your growth!
When we look at franchise systems that go into decline, it is often because they lack a formal franchise resale program. With increasing numbers of baby boomer franchisees exiting business ownership for retirement, closed units that were once thriving can quickly outpace the number of new units you onboard.
Setting up a franchise resale program is not just necessary, it is simple to structure. Listen in as we discuss our tips and strategies with guest Liz Berman from BizBuySell. Don't let franchise resales ruin your growth!