---
title: "Kivo Daily: 5 Tips To Succeed as a Franchise Company"
url: https://burnaze.com/article/3280a482-edaa-4df5-88fe-3022de5d0d64
source: "1851 Franchise"
original_url: https://1851franchise.com/kivo-daily-5-tips-to-succeed-as-a-franchise-company-2712122
category: "Restaurants"
industry: "Restaurants"
published: 2020-01-27T13:08:03.000Z
modified: 2026-11-01T02:28:40.256Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/8848096ca570245a5d9aa181ede803496918.jpg
---

# Kivo Daily: 5 Tips To Succeed as a Franchise Company

**TL;DR:** Penn Station East Coast Subs President Craig Dunaway shares 5 tips for franchise success, including system sustainability and franchisor support. Penn Station was named to the Forbes Best Franchises to Buy list for the third time in four years.

*originally published in 1851 Franchise on 2020-01-27. [Read the original](https://1851franchise.com/kivo-daily-5-tips-to-succeed-as-a-franchise-company-2712122).*

## Story

**Being successful is something everyone desires, but being successful with your own business is another dream entirely. Franchising is becoming a huge industry for people looking to be their own boss. This year, Penn Station East Coast Subs was named to the** ***Forbes*** **Best Franchises to Buy list for the third time in the last four years. That’s why Craig Dunaway,** **Penn Station****’s President, is sharing what he learned by putting together 5 tips on how franchises can succeed for** **Kivo Daily****.**

**These tips include system sustainability, value for investment, franchisor support, franchisor stability and system demand. The overall theme is that the people who run your business matter and the way they run each branch of business matters. A company won't succeed if the employees don’t work hard.**

**Dunaway states, “Achieving a spot on this list is a testament to the work our franchisees, their employees and our corporate team put in every day. The fast-casual restaurant business is extremely difficult, but with all of your organization rowing in the same direction, success is possible. Being recognized by an influential third party is truly an honor, and we are humbled once again by this selection.”**

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Forbes (company)
- franchise success (topic)
- Penn Station (company)
- franchisor support (topic)
- Craig Dunaway (person)
- system sustainability (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/kivo-daily-5-tips-to-succeed-as-a-franchise-company-2712122). Summarized by Burnaze (https://burnaze.com/article/3280a482-edaa-4df5-88fe-3022de5d0d64).