Be sure to check out the speech given by the Chairman of Francorp, Don Boroian, discussing the economy and its effect on the franchise industry.
It is split up into two links on youtube.
part 1:
http://www.youtube.com/watch?v=UXqbPryYCR4
part 2:
http://www.youtube.com/watch?v=HVqyToRnH1M
This video really shows how important it is to pay attention to expand your company in this type of economy. Very nice video. Thanks Don.
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5 comments:
This line of thinking is so critical for our economy. Entrepreneurs and franchisors should take note of the oppotunities in the market right now. They are everywhere and in abundance. It takes a bold leader to make aggressive moves when everyone else is running for the hills, but that is what Francorp is doing and that is what america's successful franchise chains have done.
Don boroian is a true leader. It is times like these that a company's competition shifts from being other companies and rather the overall sentiment of the nation. Great comments don boroian.
Don Boroian and Francorp truly have a good feel for how to run a franchise organization during down economic times, look at the company's history and how long they have successfully been developing these concepts. They have been through a lot and still consistently outperform anyone else.
Don Boroian is great at weathering economic storms. Follow Francorp through this and see how to manage a company through a difficult economic time.
I don't know about Don Boroian's ability to run his company, that is questionable, what Don Boroian does know how to do is launch and manage new franchise systems. he is a master in that domain, management is another issue.
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