The document discusses the importance and considerations of multi-unit ownership for franchise growth. It emphasizes the necessity of a formal program, the required skill sets, and systems needed for successful operations. Additionally, it addresses the strategic aspects such as location, economy of scale, and personal readiness for pursuing multi-unit ownership.

1. Multi-unit OwnershipFuture business growth considerations

2. Why now?FranchiseeinquiriesCorporate growth initiativesWe’re in an Opportunity Economy

3. How?Develop formal multi-unit programAssist current franchiseesachieve objectivesAssist current multi-unit operators improve

4. Meeting objectives…To foster thought on multi-unit ownershipTo gain franchiseeperspectiveTo present franchiseegrowth opportunity optionsTo establish next steps in growing the brand

5. Mindset & Skill SetA winning combination…Goals and objectives must be in line with expectations. Vision is necessary for multi-unit ownership and enterprise buildingRequired skill set for multi-unit ownership including a successful single-unit operation

6. Let’s Explore…Why does multi-unit ownership excite you?What does a day-in-the-life of a multi-unit operator entail?What do you hope to achieve thru multi-unit ownership?What is your long-term vision with multi-unit ownership?What skills are required for successful multi-unit ownership?Would you consider your first operation a success?

7. SystemsThe foundation that is often ignored!Required systems for all phases of operations and managementMid-level management, delegation and accountability

8. Let’s Build…How important are systems to a multi-unit operation?Will you operate two businesses or one enterprise?How will your responsibilities change in a multi-unit operation?Do you enjoy managing people?Do you delegate well?How important is record-keeping to a multi-unit operation?How important is accountability to short and long-term success?

9. Economy of ScaleIs bigger really better (and easier)?Perception or reality?Additional business logistics

10. Let’s Take a Look…Does one plus one equal two, three, one, or zero?Beyond financial benefits, how does economy of scale present additional advantages?

11. Location, Location, LocationMore than just where…Full service or satellite locationsSpreading the word and sharing the vision

12. Follow Me…How important is location to your long-term vision?Type, size, proximity, future growthWhy is location of the second store critically important to a multi-unit operation?Is there really economy of scale in marketing and public relations for a multi-unit operation?

13. Timing is EverythingCan your decision stand the test of time?Timeframe to proceed – Knowing when you’re readyExit strategy – voluntary & involuntaryThe next steps…

14. Are You Ready?How do you know when you’re ready to further explore multi-unit ownership?What steps must be taken to get from thought to reality?How must I prepare for multi-unit ownership? Do I NEED to do this now?

15. Wait… What if?What happens if the second location fails?What happens if the first location is adversely affected by the new location?What happens when I want to retire or move on?

16. To be, or not to be?How will multi-unit ownership affect my personal life?Understanding risks involved, am I willing to proceed?Am I comfortable with being an entrepreneur?Am I considering multi-unit for the right reasons?Am I (truly) committed to move forward?