Multi-Unit Franchisee Insight - Biggest Challenge & Next Big Goal

We talk to successful multi-unit operators constantly here at Franchise Update Media. These busy on-the-go people share great insight and wisdom with us through our profile stories in Multi-Unit Franchisee magazine. Here, from our archives, are some insightful responses from some of these franchisees.

What would you say is your biggest current challenge? Balancing time invested in the businesses with family life. I care for my fitness studios like a child, but with the real thing on the way it’s good to be the boss.

What can you tell us about your next big goal? To continue to build my franchises and develop my employees and myself. Perhaps dabbling in investing in another franchise concept and purchasing some real estate might be of interest.

Evan Latham, multi-unit franchisee of Orangetheory Fitness What would you say is your biggest current challenge? Maintain growth for our team across all of my businesses. **What can you tell us about your next big goal?

** Opening the new Golden Corral restaurant prototype in Gainesville, Georgia later this year (late 2018). Eric Holm, multi-unit franchisee of Golden Corral, Krispy Kreme, Marriott Fairfield Inn & Suites What would you say is your biggest current challenge? Getting enough growth to take on the market by storm.

It’s a challenge to expand quickly while also building and maintaining a strong team of staff that will stay with our company and grow as we do. When a new restaurant opens, a lot of time needs to go into employee recruitment, while simultaneously needing to manage the existing restaurants. **What can you tell us about your next big goal?

** Right now I’m heavily involved in the operations aspect of the restaurants, so eventually I’d like to step out of operations a little more and gain a wider scope of our presence in Indiana. Our goal is to open 11 more Freddy’s restaurants in the next 6 to 7 years. Alex King, multi-unit franchisee of Freddy’s Frozen Custard & Steakburgers **What would you say is your biggest current challenge?

** Keeping the Bojangles’ culture fluent in all of our restaurants. I want the best people out there in my restaurants. But as we grow into more markets, keeping the culture, inclusion, and values that are the core of our success is our biggest challenge—and opportunity.

What can you tell us about your next big goal? To reach 100 restaurants in the next 5 years.