Don’t Franchise If You Can Fund It

The only time I ever think it's really good for someone to franchise, because yes, I've done three, and I've also coached about a dozen, is if you have a business unit right now that makes so much damn money that you can create a franchise model where the franchisee just does really, really well. And if the franchisee is doing really, really well, why aren't you running it as a corporate location? So the only reason to really franchise is to grow quickly when you don't have access to banks, money, or other people's funding. But if you're going to ever build anything to sell, then it's better to go with corporate locations, Joint venture locations versus franchise locations.