Franchimp

The franchise industry is worth approximately $1 trillion dollars in the United States alone, yet it operates with fragmented systems where quality data is scattered across multiple sources and forcing investors to conduct slow and costly research. We experienced this firsthand when 3 friends, Jon, Chris and Frank wanted to leave their professional jobs at top investment banks and consulting firms to start their own business. Purchasing a franchise seemed like the quickest and safest way - after all, the risk of failure would be lower if the business concept and operations are already proven. When we couldn’t find the data we needed to make an informed decision, we built it ourselves - and that became Franchimp.