LOCK HAVEN – Starting a new business can be among the most rewarding endeavors that one may choose to undertake. But it can also be one of the most challenging.
To help address some of those challenges, Lock Haven University’s Entrepreneurial Leadership Center Lecture Series and the Lock Haven Small Business Development Center are sponsoring a free public presentation on franchising.
The presentation and discussion will take place at 6 p.m. Thursday, Nov. 18 at the Health Professions Building, Room 118.
Jim Bower of Williamsport will discuss the world of being a franchise business owner. He will tell how he has achieved success by aligning business income strategies with an ethical business philosophy and positive value system.
Franchising is a form of business organization that allows entrepreneurs to be in business for themselves, but not by themselves.
As Marcia Kurzynski, assistant professor of business administration, points out, “You don’t have to go it alone.” “Franchising is appealing because you get a lot of support and a business model to follow,” she said.
“Franchising, however, is not a guaranteed cash cow. Commitment, determination, ambition and hard work are part of the formula for success.”
Bower has been a successful businessman and franchise owner for 30 years. He believes that “If you are passionate, you will always be successful; to be fulfilled – you have to have interest in what you are doing.”
With three lucrative Dunkin Donuts locations in Williamsport and one in Danville, Bower is well qualified to explain the ins and outs of franchise ownership.
Presentation topics will include how franchising works, how to get into franchising, advantages and disadvantages of franchise ownership, what fees are involved and what is expected of you from the franchise company.
For further information please contact Dr. Marcia Kurzynski at 570-484-2328 or mkurzyns@lhup.edu
Lock Haven University is a member of the Pennsylvania State System of Higher Education (PASSHE), the largest provider of higher education in the commonwealth. Its 14 universities offer more than 250 degree and certificate programs in more than 120 areas of study. Nearly 405,000 system alumni live and work in Pennsylvania.