A recent article in Small Business Today describes the value of franchises to the American economy.
“The franchising business model in the U.S., for many industries, provides independent owner support, group purchasing power, coop advertising, and entrepreneurship by focused, energetic new business owners. As small business leaders, they become sponsors of local youth and non-profit organizations, and an integral part of helping their communities.”
Norris Lozano, CEO of BusinessUS, a non-bank lender to small businesses including franchises, adds “Franchising is a critical business segment where hard-working Americans – including US Military Veterans – can buy in to a successful concept and, through their own grit and persistence, can grab a piece of the American dream.”
Former NBA All-Star Jamal Mashburnis featured in a new Bleacher Report article about athletes and franchising. And it’s no wonder: Mashburn is one of the most successful former pro-athlete / franchisees, with about 80 stores nationwide.
IN the BR piece, Mashburn is quoted extensively about his experiences in franchising. The 6’9″ former All-Star ” first got into franchising in 1997 when he met Chris Sullivan, one of the founders of Outback Steakhouse. Ever since Mashburn was a teenager, intrigued by people holding briefcases on their way to work, he was always thinking about a business career beyond basketball.”
Being recognized for his business expertise is highly rewarding. “I want to continue my legacy as a businessman. It gives people a chance to see me as more than just a former pro athlete.”