Rod Bristol

9 tips are provided for planning in an uncertain future, with examples from various businesses affected by the COVID-19 pandemic.

Franchisees should consider multi-unit expansion for business growth, setting long-term goals and expansion schedules for increased value and profitability.

Growing through multi-unit ownership seems like a no-brainer for franchisors and franchisees alike.

Five key capabilities are essential for multi-unit success, including maintaining scalable systems, screening and training employees, leading the enterprise, understanding financial drivers, and managing financial risks and rewards.

A financial expert discusses the importance of managing financial risk for multi-unit franchisees.

Rod Bristol, a former franchise executive and financial expert, emphasizes the importance of understanding financial drivers and results for multi-unit franchisees to achieve success.

Rod Bristol, a former franchise executive, shares his insights on the 5 critical capabilities that multi-unit franchisees must master to be successful, including leading, not doing.

Former franchise executive Rod Bristol outlines the 5 critical capabilities that multi-unit franchisees must master to be successful.

Rod Bristol shares his insights on the demographics and characteristics of multi-unit operators (MUOs), including their age, business experience, and leadership skills.

Rod Bristol shares critical capabilities for multi-unit franchisees to maintain scalable systems.

Business owners can benefit from sharing financial information with staff to increase transparency and understanding.

Franchisors are often not forthright about resale territory reduction, which can harm buyers and sellers in the franchising process.

ROBS funding helps entrepreneurs use retirement funds to grow their business.

Multi-unit franchise owners may not need SBA-guaranteed loans for larger loan amounts, as banks may be more willing to lend based on a successful track record.

ApplePie Capital has grown as a franchise lender, providing unique opportunities for multi-unit franchisees to finance their growth.

A loan proposal should include answers to the five key borrowing questions, including the purpose of the loan, repayment terms, and corporate data.

Growth costs money, and most entrepreneurs believe that much of their growth can be funded from their growing company, but this is often not the case.

Financial mastery is the same worldwide, and owners of multiple businesses face similar financial challenges regardless of location.

Franchisors unify financials for possible sale with 30% more scrutiny.

"If you always do what you've always done..." You know the ending to this old saw, and when it comes to your company's financial results it is absolutely true.

Benchmarking unit-level economics is crucial for driving up franchisee profitability and achieving business success.