1851

In a recent&nbsp;<a href="https://www.forbes.com/sites/stevenbeagelman/2022/10/17/franchising-through-multi-unit-expansion/?sh=4705b8e04836&utm_source=1851franchise.com&utm_medium=article&utm_campaign=forbes-franchising-through-multi-unit-expansion-2720190" target="_blank" rel="nofollow">article</a> written for Forbes,&nbsp;<a href="https://www.linkedin.com/in/steve-beagelman-58535210?utm_source=1851franchise.com&utm_medium=article&utm_campaign=forbes-franchising-through-multi-unit-expansion-2720190" target="_blank" rel="nofollow">Steve Beagelman</a>, founder of&nbsp;<a href="https://smbfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=forbes-franchising-through-multi-unit-expansion-2720190" target="_blank" rel="nofollow">SMB Franchise Advisors</a>, one of the top franchise consulting agencies in the U.S., dives deep into a massive trend in today’s franchising industry:&nbsp;<a href="https://1851franchise.com/what-is-a-multi-unit-franchisee-2718950">multi-unit franchising</a>. In 2022, multi-unit owners accounted for a whopping<a href="https://www.franchising.com/magazines/multiunit_franchisee/2022/0?utm_source=1851franchise.com&utm_medium=article&utm_campaign=forbes-franchising-through-multi-unit-expansion-2720190" target="_blank" rel="nofollow"> 53.9%</a> of all total franchise units. This trend makes sense, Beagelman says, as multi-unit franchising comes with an array of benefits for the individual owner and the franchisor.&nbsp;For the franchisee, multi-unit franchising offers the ability to “build a larger management team and leverage them over more than one operation, streamline advertising and marketing expenditures for all of your locations, and increase sales to build more financial wealth,” Beagelman writes.Additionally, Beagelman notes that many brands offer&nbsp;<a href="https://1851franchise.com/franchising-expert-explains-why-brands-want-to-attract-multi-unit-franchisees-2719165">franchise fee discounts</a> for multi-unit franchise agreements and are more willing to agree to a specific timeline for opening.&nbsp;When it comes to benefits for the franchisor, Beagelman says, “multi-unit expansion can be a great strategy as it typically helps with accelerated growth of the franchise brand. This is a significant commitment for the franchisor to make so you need to find the right multi-unit franchisee who can expand the brand, opening additional units as promised on the development timeline.”By developing long-lasting and trusted relationships with a few multi-unit owners, instead of constantly making new connections with single-unit owners, franchisors can avoid unnecessary challenges, create strong operational stability and enjoy a more organized growth plan.So, who is multi-unit franchising right for?“No matter which side you are on, it is important to look at multi-unit franchising from the perspective of your goals, adequate access to capital, and the right level of support to make the brand and each individual business a success,” Beagelman writes.Read the full article on&nbsp;<a href="https://www.forbes.com/sites/stevenbeagelman/2022/10/17/franchising-through-multi-unit-expansion/?sh=4705b8e04836&utm_source=1851franchise.com&utm_medium=article&utm_campaign=forbes-franchising-through-multi-unit-expansion-2720190" target="_blank" rel="nofollow">Forbes</a>.&nbsp;

Forbes: Franchising Through Multi-Unit Expansion

1851 Franchise

Steve Beagelman, founder of SMB Franchise Advisors, explains the benefits of multi-unit franchising for both the franchisee and franchisor.

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

forbes-franchising-through-multi-unit-expansion

Keke's Breakfast Cafe

Inside Keke’s Breakfast Cafe’s Hands-On Training System: How the Brand Sets Franchisees Up for Success from Day One

inside-kekes-breakfast-cafes-hands-on-training-system-how-the-brand-sets-franchisees-up-for-success-from-day-one

Caring Transitions

Caring Transitions Ranks No. 358 on the Franchise Times Top 400 List for 2025

caring-transitions-ranks-no-358-on-the-franchise-times-top-400-list-for-2025

TWO MEN AND A TRUCK

TWO MEN AND A TRUCK® Proudly Serves Those Who Serve: Supporting Veterans on the Move and in Business

two-men-and-a-truck-proudly-serves-those-who-serve-supporting-veterans-on-the-move-and-in-business

Building a Caring Transitions Business as a First-Time Entrepreneur

building-a-caring-transitions-business-as-a-first-time-entrepreneur

Local Siblings Launch Caring Transitions of Somerset County to Build Legacy and Serve Seniors with Compassion

local-siblings-launch-caring-transitions-of-somerset-county-to-build-legacy-and-serve-seniors-with-compassion

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Amazon outage, AWS outage, Amazon AWS logo

The Day the Cloud Stalled: How Amazon's Outage Impacted Franchise Economy

amazon-aws-outage-franchise-impact-travel-dining-failure

Thursday 1851 Franchise Agg - NASAA’s Noncompete Push

NASAA’s Noncompete Push Puts Franchise Growth on Uncertain Ground

franchise-noncompete-nasaa-advisory-reasonableness-standard

How a Steady Economy Could Help Franchisors Plan Their Next Move

how-a-steady-economy-could-help-franchisors-plan-their-next-move

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

image of franchise deep dive from 1851 franchise on doody calls franchise authority brands

DoodyCalls Franchise Costs, Fees, Profit and Data for 2025

doodycalls-franchise-deep-dive

image of mellow mushroom deep dive into financials article from 1851 franchise

Mellow Mushroom Franchise Costs, Fees, Profit and Data for 2025

mellow-mushroom-franchise-deep-dive

Photo of Humbug Holiday Lighting team members wearing festive sweaters, beanies, smiling at camera

Happinest Brands Turns the ‘Off-Season’ Into a Bright Spot for Franchisees

happinest-holiday-lighting-franchise-support

EarthWise Pet Franchise Costs, Fees, Profit and Data for 2025

earthwise-pet-franchise-costs-fees-profit-and-data

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

graphic image of an 1851 franchisee spotlight brayden and johnny steven of teriyaki madness

Father-and-Daughter Team Bring Teriyaki Madness to Wichita, Kansas, With Big Expansion Plans

johnny-brayden-steven-teriyaki-madness-wichita

photo-of-laynes-chicken-fingers-dalton-dennis-southern-oregon

23-Year-Old Entrepreneur Brings Soon to Be Famous Chicken™ to Southern Oregon With 3-Unit Layne’s Chicken Fingers Franchise Signing

laynes-chicken-fingers-dalton-dennis-southern-oregon

Forbes: Franchising Through Multi-Unit Expansion

MORE STORIES LIKE THIS