Norman Holtz developed an eye for promising business models in his decade of overseeing corporate acquisitions. So when he left that world to buy a franchise, he cut quickly through the chaff.
His preferences included a franchisor that ran its own business, a contract with flexibility on buying supplies, and a selling area big enough to grow in.
After 2 weeks of research, he found a match in Closets by Design – a purveyor of custom-crafted storage and home office space – and an available territory in northern New Jersey.
Most important, the former chief financial officer said, he discovered a business model that suited his interests and desire for scalability.
‘You don’t buy a franchise to be an innovator,’ he said. ‘You have to pick something so that, if you succeed, it’s a place you want to be at. If we went into doing home inspections or selling pretzels, I don’t think we would have enjoyed it even if we were successful.’…
SchoolOfMusic.com recruits music teachers and then provides music lessons in students’ homes, teachers’ home studios, and after school programs. Their bizop is a must see!
Small Firm Finds Right Franchise
June 28, 2007 by Cris | 0 Comments
In Franchises, Franchisors, Strategy
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