EXPERT ADVICE: George Knauf | Senior Franchise Business Advisor | FranChoice
Done For You
Investor Franchise Opportunities The Franchise World is adapting to the influx of multi-unit/brand empire building, overseas investor, family office and investment fund candidates for franchise opportunities. George Knauf is a highly sought after, trusted advisor to many of the top franchise ownership groups in the world. With over 25 years of experience in both start-up and mature business franchise operations he is uniquely qualified to advise individuals that have dreamed of Building their own empires. Whether you have an existing portfolio or searching for your first franchise, he can help you to pursue your dreams. www.MyPerfectFranchise.com
12 Franchising MAGAZINE USA
The step taken in the past was moving from owner operated franchises to semiabsentee. Now the move is from semiabsentee to a “done for you” franchise investment where the franchisor sells you a franchise then provides a management company approach to running it for you.
You may already be a little familiar with this from hotels you stay at. The model has been represented in that industry for real estate investors who wanted to build and own a building but did want to run the business so they would contract with a big hotel brand to run a hotel in the building they build. The barriers to entry there were the cost of entry and how many dollars were invested in one piece of property, so diversifying was a very big financial play. Now we are seeing a similar models in Food, medical, pets and contractor services, with more on the way. Depending