The Evolution of Franchising: Decades of Growth with Steve Murphy

In this episode, Jeff is joined by Steve Murphy, private investor in franchising, VC and real estate.With 20 years experience in retail management, Steve helped lead Winmark Corporation from a $40m market cap company to over $750m prior to his retirement as the President of Franchising. Nowadays, Steve sits on a number of boards to help advise strategy and direction, including on the Board of Advisors to Homefront Brands.Today, Steve and Jeff chat about where the world of franchising has come over the past 20 years, obstacles faced when starting, and how the economy today is affecting the space.Find Steve on LinkedIn here: https://www.linkedin.com/in/stevenmurphy65/