SCORE To Host NEW Free Webinar on “Franchising 101: Exploring Ownership Models, Benefits, and Pitfal

SCORE ECT News Release
For Immediate Release

October 22, 2024 Contact: Anne Driscoll, anne.driscoll@scorevolunteer.org

SCORE To Host NEW Free Webinar on “Franchising 101: Exploring Ownership Models, Benefits, and Pitfalls”

DATE: Tuesday, November 19, 2024
TIME: 12:00 – 1:30 PM EST
LOCATION: Online webinar (Zoom) PRE-REGISTRATION REQUIRED: REGISTER NOW

After registering, you will receive a confirmation with information on how to join the webinar. Attendees will receive a presentation PDF and a link to the webinar recording.

SCORE Eastern CT (https://www.score.org/easternct), Mentors to America’s Small Businesses, presents a NEW free Small Business webinar, “Franchising 101: Exploring Ownership Models, Benefits, and Pitfalls,” with Franchise Coach and Consultant Ruth Terray.

Are you considering becoming a business owner through franchising? Join us for an insightful and practical webinar where we dive into the world of franchising, a proven business model that offers tremendous opportunities for aspiring entrepreneurs.

In this webinar, we will cover:

· What is Franchising? Understand the concept of franchising and how it differs from starting a business from scratch.

· Benefits of Franchising: Learn about the advantages franchising offers, such as brand recognition, operational support, and access to an established customer base.

· Franchise Ownership Models: Explore different types of franchise ownership, including single-unit, multi-unit, and area developer models, and find out which might be right for you.

· What to Watch Out For: Identify common challenges and pitfalls in franchising, from contractual obligations to hidden costs, and how to navigate them successfully.

· Q&A Session: Have your questions answered by experts in the field.

Whether you're a potential franchisee, an existing business owner looking to expand through franchising, or simply curious about this popular business model, this webinar will provide the key insights you need to make informed decisions.

Presenter Ruth Terray spent over 25 years in IT for large insurance companies before transitioning to entrepreneurship after being laid off in 2011. She purchased a Budget Blinds franchise, which she ran out of her home at first, then quickly scaled to over $1 million in sales by year three, earning "Rookie of the Year" honors. After selling the business in year five, she joined Budget Blinds' corporate team as a business coach and later became Director of Operations, overseeing 400+ franchise owners across North America. Now working with “The You Network” as a Franchise Coach and Consultant, she leverages her 30+ years of experience to help corporate executives and entrepreneurs explore franchise ownership as a career or investment opportunity. A passionate advocate for business ownership, Ruth also volunteers with SCORE, providing guidance to entrepreneurs and small businesses.

About SCORE: SCORE® is a nonprofit association that offers free and confidential advice on starting your own business or improving and growing your existing small business. Since 1964, SCORE has helped more than 11 million current and aspiring entrepreneurs. Each year, SCORE’s 10,000 volunteer business experts provide hundreds of thousands of free small business mentoring sessions, workshops, and educational services to clients in 300 chapters nationwide. In 2022, SCORE volunteers shared 4.65 million hours of expertise and advice with their clients, helping people start over 30,000 new businesses, and creating over 82,000 additional non-owner jobs. With 50+ workshops/webinars and special events each year, and advances in remote mentoring tools, SCORE Eastern CT helps small businesses across Southeastern and Northeastern CT. For more information on upcoming free workshops and how to schedule a free small business mentoring session with our counselors, visit https://www.score.org/easternct.

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SCORE Eastern CT: PO Box 283, Old Saybrook, CT 06475 Email: eastern.ct@scorevolunteer.org Website: https://www.score.org/easternct

Photo Caption: Franchise Coach and Consultant Ruth Terray presents a new free SCORE webinar, "Franchising 101: Exploring Ownership Models, Benefits, and Pitfalls," on Tuesday, November 19, 2024, from 12:00 – 1:30 PM, via Zoom. Pre-registration is required to join the webinar.