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Franchise Industry

topic on 2 shows · 3 statements across 2 episodes

the Pitch Top Founders

3 statements about Franchise Industry, every show

THE PITCH Insight
Rose: The franchise industry will not welcome founders from outside
“Because frankly, if they're not, franchise industry won't welcome them.”
Kenny Rose Apr 24, 2024 ▶ 18:26 $4M at Stake! Will This Franchise Business Opportunity Transform Alternative Asset Investing?
THE PITCH Assertion Not checkable as stated
Rose: Franchising's most widely used CRM is over 20 years old
“It's like the oldest CRM, or sorry, the most widely used CRM in franchising, it, I'm not going to trash it up here, but it's, Not great. It's over 20 years old.”
Kenny Rose Apr 24, 2024 ▶ 18:29 $4M at Stake! Will This Franchise Business Opportunity Transform Alternative Asset Investing?
TOP FOUNDERS Assertion Partly supported
Robinson: Franchise businesses have sub-5% 5-year attrition versus 60% for regular SMBs
“These companies go out of business, 60% every five years. However in the franchise industry, that five year attrition rate is sub five percent. So they don't go out of business. They just resell the location.”
Adam Robinson Nov 24, 2016 ▶ 10:08 EP 488: Hireology $26M Raised, $1.2M MRR, Helping 4000 Customers Hire More Effectively with Hireology CEO Adam Robinson

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