He Went From One To Five To 25 Pizza Franchises—And You Can Too
ARMED WITH 32 YEARS OF EXPERIENCE IN THE restaurant industry, Leo Thomas became a multiunit franchisee. He opened his first Marco’s Pizza in January 2014, a fast-casual restaurant franchise, and now owns five Marco’s Pizza locations in Riverside County, California. Currently, Thomas has a development agreement to open a total of 25 stores in both Riverside and Orange County by 2024.
Thomas joins a list of entrepreneurs who are opting to be among the fastest growing group in the franchise industry—multiunit franchisees. As of the first quarter of 2017, there were 43,797 multiunit franchisees, owning more than 217,170 units in the U.S., reports FRANdata, a franchise advisory firm in Arlington, Virginia. Some 19% of total franchisors are multiunit owners, and 54% of total franchise units are owned by multiunit operators.
Bu hikaye Black Enterprise dergisinin May/June 2017 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Black Enterprise dergisinin May/June 2017 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Great Leaders Aren't Born, They're Made
Former Aetna CEO Ron Williams shares his decades of leadership lessons in his new book
How Fifth Third's Kala Gibson Drives Impactful Urban Entrepreneurship
As executive vice president and head of business Banking for Fifth Third Bank, Kala Gibson focuses on helping small businesses gain the resources necessary for them to continue to drive employment, innovation, and impact.
I Want to Be a Triple Threat
I always loved Papa John's. I was introduced to it in ’89 in Baton Rouge Louisiana when I didn’t have a lot of money but I had enough money for a big ol’ Shaqaroni pizza—sausage, pepperoni, extra cheese.
This Young, Black Aerodynamics Engineer Is Rebooting Classics At General Motors
THE CHEVY BLAZER HAS GOTTEN A MAKEOVER IN 2019.
This Dell Exec Took A Leap, And Landed At SVP
NAJUMA ATKINSON HAS BUILT A 20-YEAR CAREER AT DELL TECHNOLOGIES Inc.
Power In The Boardroom
EXPANDING BLACK REPRESENTATION IN THE BOARDROOM AND THE C-SUITE REQUIRES ADVOCACY, STRATEGY, AND POSSIBLY, LEGISLATION. TO MEMBERS OF OUR B.E. REGISTRY OF CORPORATE DIRECTORS, HOWEVER, THE DETERMINING FACTOR COMES DOWN TO LEADERSHIP.
Has History Met Your Badass?
If black women don’t assert power and their place in history, everybody loses
A Crash Course In Success
Damian Mills’ strategic leadership, talented team, and knack for turning crises into Lucrative Opportunities turned his mega-dealership into an unstoppable force
Growing Together
How strategic alliances between major corporations and african american businesses and organizations can serve as models for economic and social advancement
The 4H Club
ICV partners has attracted millions in capital, built a portfolio of high-return companies, and diversified private equity by following its core values of staying humble, hard working, honest, and hungry
