Meet the Guys Who Want to Fund Your Franchise

Meet the Guys Who Want to Fund Your Franchise

Author: Jason Daley

entrepreneur.com – On the ABC show Shark Tank, contestants pitch business ideas to seasoned professionals who decide whether or not to fund them. But could a similar contest create new franchises? That’s what Cincinnati entrepreneurs Dan Murphy and Gary Green started wondering. Both have developed lots of different franchise brands — including The Growth Coach (business coaching) and Fresh Coat (painting contractors) — and decided to launch a competition of sorts. Instead of going through the arduous process of thinking up and developing a franchise brand themselves, they’d take applications from small-business owners who were hoping to expand, and select one or two for the franchise-development process.