Franchising Today - Fall 2016 - 20

Column by Keith Plywaczynski

MAXIMUM RETURN
franchise owners can maximize their businesses by
considering five ways to make the most out of them.

FRANCHISES
ARE
Franchises are opening
by OPENING
partnering or looking for BY
other ways
the minute every business day in the
United States. Due to the high demand for purchasing successful franchises, as well as the current state of
the market, now is a good time for
owners to consider various options
for the future of their businesses
- whether by selling, transferring,

to expand. Expected changes to U.S.
labor and wage laws in the near future
may impact business profits moving
forward. As a result, it becomes riskier to wait to sell or modify your business. Franchise owners need to maximize their business valuations now
in advance of any regulatory changes.

Amid the current landscape of political uncertainty, rising wage pressure, potential increases in commodity costs and very low interest rates,
here are five ways franchise owners
can make the most out of the future of
their businesses.
1. Sell your business. This is one
exit strategy you can explore. As
a business owner, it's a best practice to have a comprehensive retirement model that details financial goals for the rest of your life.
Working with a financial advisor
will allow you to map out specific needs, including quantifying
your lifestyle, making decisions

Expected changes to U.S. labor and
wage laws in the near future may impact
business profits moving forward.

20

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FALL 2016


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Table of Contents for the Digital Edition of Franchising Today - Fall 2016

Contents
Franchising Today - Fall 2016 - Cover1
Franchising Today - Fall 2016 - Cover2
Franchising Today - Fall 2016 - 1
Franchising Today - Fall 2016 - Contents
Franchising Today - Fall 2016 - 3
Franchising Today - Fall 2016 - 4
Franchising Today - Fall 2016 - 5
Franchising Today - Fall 2016 - 6
Franchising Today - Fall 2016 - 7
Franchising Today - Fall 2016 - 8
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Franchising Today - Fall 2016 - 12
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Franchising Today - Fall 2016 - 17
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Franchising Today - Fall 2016 - 20
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Franchising Today - Fall 2016 - 38
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Franchising Today - Fall 2016 - 40
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Franchising Today - Fall 2016 - 49
Franchising Today - Fall 2016 - 50
Franchising Today - Fall 2016 - 51
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Franchising Today - Fall 2016 - 53
Franchising Today - Fall 2016 - 54
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Franchising Today - Fall 2016 - Cover3
Franchising Today - Fall 2016 - Cover4
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2020_vol5issue1a
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue4
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue4b
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue4a
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue3
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue3b
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue3a
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue2
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue2b
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue2a
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue1
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2019_vol4issue1a
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2018_vol3issue4
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2018_vol3issue3
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2018_vol3issue2
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2018_vol3issue1
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2017winter
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2017fall
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2017summer
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2017spring
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2016winter
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2016fall
http://www.nxtbook.com/nxtbooks/knighthouse/ft_2016summer
http://www.nxtbookMEDIA.com