EDC To Hold Franchise Ownership Seminar

EDC To Hold Franchise Ownership Seminar

July 4, 2016

Martinsville, VA (June 29, 2016)  The Martinsville-Henry County Economic Development Corporation's Small Business Division will be sponsoring an informational seminar addressing franchise research and purchasing.  The event is scheduled for July 14th from 12-2:00PM at New College Institute’s Baldwin Building (191 Fayette Street, Martinsville).

This seminar will cover several items that need to be considered before buying into a franchise. A few of the topics include:

  • The importance of knowing your personal goals and objectives before taking the plunge – How involved do you want to be in the daily operations? Will you need a partner? How much can you afford to invest?
  • Researching to find the right fit – What are your goals, objectives and preferences? Does our community fit the franchise’s demographic requirements? Does your personal finances meet the franchises guidelines? Are there online tools that can provide direction?
  • Common myths and truths about franchising – Are there other options other than food and retail? What does “locally-owned franchise” mean? What are the pros and cons to franchise ownership?

Guest speaker and franchise consultant Terri Brewster will address these questions and give guidance to help you explore whether franchise ownership is right for you.

This workshop is free and open to the public; however, registration is requested by July 11th . Registration can be completed by calling 276-403-5940 or by visiting www.YesMartinsville.com/Events.

The mission of the Martinsville-Henry County Economic Development Corporation is to create new job opportunities and expand the tax base for the area.  The organization strives to support and develop local industry, as well as market Martinsville-Henry County globally as an exceptional place to live, work and play.

The EDC is a public-private partnership between the City of Martinsville, Henry County, the Martinsville-Henry County Chamber of Commerce, the Martinsville-Henry County Chamber’s Partnership for Economic Growth (C-PEG) and the Harvest Foundation of the Piedmont.


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