Based out of Dallas, Texas - CMG Companies is a Franchise Times top 25 multi-unit operator of restaurants, retail, and hotels. Read our blog for more info.
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Know What CMG Companies Do
1. Founding Principal,
CMG Companies
MEET AL BHAKTA
CMG Companies (CMG) is a dynamic business organization led by 6
energetic entrepreneurs who make private equity investments with a focus
around multi-unit and franchising.
3. There are many different ways to make
money in the business world. Some
people choose to start their own
company, says Al Bhakta of Plano, TX,
while others pick up a franchise. There
is an important difference between
owning your own business and running
someone else’s, but here are some
basics about what you need to know if
you’re thinking of becoming a
franchisee. Let’s start with the basics.
The Responsibilities Of A Franchisee Vs. A Franchisor
4. Discusses Importance of Creating A Thorough Marketing Strategy
Before you start working on a
marketing plan, it is necessary
to get your thoughts in order.
If you are thinking of starting
a new business or developing
an existing one, you must
clearly understand what’s
involved with successful
marketing.
6. CMG Companies is a group of separate and
independent entities with investments in the
multi-unit and franchise space primarily in
restaurant, hotel, retail, sports, and real estate
sectors. In terms of where to slot CMG from an
investor type – we are unique in the sense that
we have owned and operated our own
businesses, invested our own capital and also
raised capital from LPs (both institutional and
smaller accredited investors).
7. Know What CMG Companies Do
Based out of Dallas, Texas - CMG Companies
is a Franchise Times top 25 multi-unit
operator of restaurants, retail, and hotels. We
operate in 20+ states with approximately 300
restaurants, 90+ retail units and 8 hotels,
along with interests in sports franchises, real
estate and other commercial investments.
8. Meet the Team
AL BHAKTA
Principal
Leadership of Rent-A-Center
Franchise Platform
Strategic Growth, M&A and Legal
NIK BHAKTA
Principal
Leadership of Hotel & RE
Portfolio
Leadership of Sonic Franchise
Platform
RON PARIKH
Principal
Leadership of Support
Center
Business Development, Tax,
and Back Office