Powering The Franchise Economic Landscape

When Lisa Kornstein, founder & COO of Scout & Molly’s Boutique, was asked what made the difference in the recent success of her franchise concept, she instinctively turned to SMB Franchise Advisors.

“Over the past few years, we have experienced steady growth and I think that’s in large part due to our partnership with SMB and the team,” said Kornstein. “As a direct result of working closely with SMB, we’ve been able to laser-focus our franchise offering while building additional systems to drive franchisee success.”

According to the 2015 mid-year Franchise Business Economic Outlook released by the International Franchise Association, economic output from franchised businesses is estimated to increase 5.4 percent over last year to $890 billion. But behind many of those familiar logos and trusted brands are small franchise business owners seeking to increase opportunity – not just for themselves – but also for their entire community.

Today, many great businesses, both experienced franchisors and those sitting on the brink of franchising, are wondering if the time is right, how capital is secured, how better systems can be developed and implemented, and how business success is realized. That’s where SMB Franchise Advisors thrives because of its in-depth ability to provide assistance across all facets of a business. Whether it is franchise sales and development, operations or financial services, SMB Franchise Advisors’ proprietary 10-Point Assessment, strategic guidance, and plan implementation can help drive franchise growth.

“As the founder of a 23-year-old business with 10 years of franchising, I have found SMB Franchise Advisors CEO Steve Beagelman and his team to be invaluable,” said Bob Lewis, CEO of Closet & Storage Concepts. “Their experience and insights have helped our company navigate some of the most difficult times we’ve ever faced. Steve treats our business as his own and his passion and integrity combine to create a rare example of leadership.”

With more than 25 years of franchise industry experience, Beagelman has held positions ranging from entrepreneur to senior level executive, which have provided him tremendous insight into how to grow, operate and build brands. He leveraged this experience to start SMB Franchise Advisors in 2009 in order to help start-ups and existing franchise concepts drive business growth.

“I’ve been fortunate to work with a great number of innovative and unique brands over my career,” said Beagelman. “At SMB, we take great pride in leveraging our entire team’s diversified background and experience to help businesses achieve their goals.”

One company in particular that has benefited from SMB’s insight is Lapels Dry Cleaning. The brand’s recent success, according to President and CEO Kevin Dubois, can be attributed to SMB’s ability to develop a roadmap for current and prospective franchisees to achieve a greater level of success.

“It took us 15 years to find SMB and over the first year that we worked with them, we probably learned as much as we did in the first 15 years in business,” said Dubois. “They have been a great resource to us in terms of rolling out new agendas and speeding up the development of our franchise.”