The event was aimed at supporting small business owners in the restaurant industry by providing them with valuable information and resources.
The attendees had the opportunity to network and connect with other small business owners and experts in the industry and to gain valuable insights and knowledge on topics such as marketing, finance, and operations.
ACC ended the Restaurant Series with a panel opening the conversation around franchising. We had Dan Camp, McDonald’s Senior Director of Strategic Franchising, Sarem Soudager, Houston’s Owner Operator; Kim Way, of our local SBDC; and Thomas Nguyen, CBRE, Restaurant Practice Leader.
McDonald’s shared information regarding how to become a part of the franchise, stressing that although it takes some time, the return on investment is worth it, but only for those with the personality for it.
The panel discussed what it took to open and maintain a franchise, including some of their personal experiences of success and failure. They shared insightful tips to help decide whether becoming a franchisee was practical.