Martin J. McDermott, D.B.A.

A counsel from industry experts recommended 12 factors that they influence purchasing a franchised business at different levels. This qualitative study intends to find out the “ranking order” of the 12 factors that influence purchasing a franchised business.
McDermott, M.J., & Jackson, J. (2023). The ranking order of factors that influence purchasing a franchise business: Qualitative study. International Journal of Business Research and Information Technology, 10(1), 74-88.

This study investigates the impact of industry category and age on franchise business ownership and job satisfaction. The selection of industry choice and age of a franchise business owner could be explained through resource scarcity theory. The decision to become or not become an entrepreneur is based on access or possession of resources. In addition, resource scarcity might explain the type of industry chosen to pursue entrepreneurship. This quantitative study used a comparative research… Show more

This study investigates the impact of industry category and age on franchise business ownership and job satisfaction. The selection of industry choice and age of a franchise business owner could be explained through resource scarcity theory. The decision to become or not become an entrepreneur is based on access or possession of resources. In addition, resource scarcity might explain the type of industry chosen to pursue entrepreneurship. This quantitative study used a comparative research model to gauge whether industry category and age of the franchise business owner impact satisfaction on franchise ownership. Findings reported in this study indicated that, in contrast to previous research on non-franchisee entrepreneurs, age was not correlated to higher satisfaction in owning and operating a franchise. Moreover, significant differences in job satisfaction were identified across industries. Show less

This case study focuses on an organization called KLMN and how it transitioned to franchising. KLMN was started by a military veteran that specializes in junk removal. One of the biggest challenges for new franchisors is identifying franchisees who match their model. Another challenge is creating a distinct brand. What made KLMN unique from other franchise models was that individuals must have served in the military to become a franchisee to KLMN. Using this technique eased the process of… Show more

This case study focuses on an organization called KLMN and how it transitioned to franchising. KLMN was started by a military veteran that specializes in junk removal. One of the biggest challenges for new franchisors is identifying franchisees who match their model. Another challenge is creating a distinct brand. What made KLMN unique from other franchise models was that individuals must have served in the military to become a franchisee to KLMN. Using this technique eased the process of identifying new franchisees, created a distinct brand for the franchise model and offered a unique selling proposition to their customers. Show less

This study focuses on the military experience and motivation to become a franchise business owner. Previous research indicated franchisees who were military veterans had a significantly higher level of job satisfaction in owning and operating a franchise compared to franchisees with no military background.

The Qualitative Report is a Q1 ranked journal on Scimago Journal & Country Rank (SJR). Q1 to Q4 refer to journal ranking quartiles within a subdiscipline using the SJR citation… Show more

This study focuses on the military experience and motivation to become a franchise business owner. Previous research indicated franchisees who were military veterans had a significantly higher level of job satisfaction in owning and operating a franchise compared to franchisees with no military background.

The Qualitative Report is a Q1 ranked journal on Scimago Journal & Country Rank (SJR). Q1 to Q4 refer to journal ranking quartiles within a subdiscipline using the SJR citation index. Thus, a first quartile journal (i.e., Q1) has an SJR in the top 25% of journals for at least one of its classified subdisciplines. Show less

This paper discusses how franchising is significantly different from other entrepreneurial models and why it is important for organizations to reassess the franchise model as a method of growth and distribution.

Research on entrepreneurs not constrained to franchisees has found that they can be dissatisfied with operating and owning their own business; and furthermore, that gender can affect success. Previous studies have shown that compared to men, fewer women pursue a career in entrepreneurship and have more difficulty obtaining business financing for their business venture. Previous research has also suggested undercapitalization is frequently the biggest obstacle that an entrepreneur can face… Show more

Research on entrepreneurs not constrained to franchisees has found that they can be dissatisfied with operating and owning their own business; and furthermore, that gender can affect success. Previous studies have shown that compared to men, fewer women pursue a career in entrepreneurship and have more difficulty obtaining business financing for their business venture. Previous research has also suggested undercapitalization is frequently the biggest obstacle that an entrepreneur can face when it comes to growth. This study wanted to learn if women franchise business owners are significantly more dissatisfied with owning and operating a franchise compared to franchises owned by men. Show less

The influence of human capital on franchise business ownership is explored in this research.

Fran Tarkenton, the legendary Minnesota Viking was interviewed by Jay Abraham, (the icon motivational speaker) where Tarkenton shares his views on business and presents a blueprint that one can use in developing an effective marketing plan. With his five decades of experience in business, he has built over a dozen companies, each one from the ground up.

It is established that one of the biggest troubles facing franchisors is finding capable franchisees. Scholars have written and argued about the challenges of franchisee selection and recruitment. Interestingly, many franchisee qualities sought by franchisors are found in military veterans. This study sought to discover if military-veterans’ level of overall satisfaction in owning and operating a franchise was significantly higher than those franchise business owners who have not served in… Show more

It is established that one of the biggest troubles facing franchisors is finding capable franchisees. Scholars have written and argued about the challenges of franchisee selection and recruitment. Interestingly, many franchisee qualities sought by franchisors are found in military veterans. This study sought to discover if military-veterans’ level of overall satisfaction in owning and operating a franchise was significantly higher than those franchise business owners who have not served in the military. Show less

Top Women Business Leaders Share Their Lessons for Success

Looking for advice to build a successful career? We’ve gathered wisdom from a select group of women CEOs and COOs, and other business leaders from some of America’s top companies, who have rocketed up the corporate ladder.

Views from the Top is a collection of valuable lessons and mentoring tips from women business leaders procured by business faculty member Martin J. McDermott. Their knowledge can help encourage… Show more

Top Women Business Leaders Share Their Lessons for Success

Looking for advice to build a successful career? We’ve gathered wisdom from a select group of women CEOs and COOs, and other business leaders from some of America’s top companies, who have rocketed up the corporate ladder.

Views from the Top is a collection of valuable lessons and mentoring tips from women business leaders procured by business faculty member Martin J. McDermott. Their knowledge can help encourage effective leadership skills and inspire achievement on your professional trajectory. You’ll have the opportunity to learn from the mistakes, successes, sacrifices, and risks that these leaders have made along the way. It’s like having a direct line to their thoughts and accessing years of experience in a flash.

Build on your classroom knowledge and learn ways to move your career forward with the right skills by visiting Views from the Top Show less

Top Women Business Leaders Share Their Lessons for Success

Looking for advice to build a successful career? We’ve gathered wisdom from a select group of women CEOs and COOs, and other business leaders from some of America’s top companies, who have rocketed up the corporate ladder.

Views from the Top is a collection of valuable lessons and mentoring tips from women business leaders procured by business faculty member Martin J. McDermott. Their knowledge can help encourage… Show more

Top Women Business Leaders Share Their Lessons for Success

Looking for advice to build a successful career? We’ve gathered wisdom from a select group of women CEOs and COOs, and other business leaders from some of America’s top companies, who have rocketed up the corporate ladder.

Views from the Top is a collection of valuable lessons and mentoring tips from women business leaders procured by business faculty member Martin J. McDermott. Their knowledge can help encourage effective leadership skills and inspire achievement on your professional trajectory. You’ll have the opportunity to learn from the mistakes, successes, sacrifices, and risks that these leaders have made along the way. It’s like having a direct line to their thoughts and accessing years of experience in a flash.

Build on your classroom knowledge and learn ways to move your career forward with the right skills by visiting Views from the Top. Show less

Over the years there has been much literature written on the topic of entrepreneurship. The Entrepreneurial Ruler © is an original theory that measures entrepreneurship in a diagram as a one-foot ruler. It breaks entrepreneurship into five categories that include the intrapreneur, the frantrepreneur, the business opportunity, the franchisor and the entrepepreneur.

ISBN 978-1-906638-74-0
DOI 880058354

Franchising has played a huge role in the United States and throughout the world. It is a big part of a nation’s economy and creates millions of jobs. Even with its long history, success and popularity, franchisors most frequent problem is finding qualified franchisees for their system. Franchisors seek special traits in their candidates. The right match can produce significant results while a bad choice in a prospective franchisee can lead to… Show more

ISBN 978-1-906638-74-0
DOI 880058354

Franchising has played a huge role in the United States and throughout the world. It is a big part of a nation’s economy and creates millions of jobs. Even with its long history, success and popularity, franchisors most frequent problem is finding qualified franchisees for their system. Franchisors seek special traits in their candidates. The right match can produce significant results while a bad choice in a prospective franchisee can lead to many problems down the road. The purpose of this research is to seek if veterans or those that have served in the military make significantly more successful franchisees than those that didn’t serve in the armed forces. It seeks to identify if veterans possess the ideal traits that franchisors seek on a higher level than nonveterans. Ideal traits of franchisees and characteristics of veterans were identified to learn the similarities and differences of both groups. Several quantitative and qualitative studies were reviewed in both groups. One study showed military that served in combat were three times more likely to become an entrepreneur than his counterpart who did not serve in a combat unit. Some theories show risk taking as a relationship between entrepreneurship and serving in combat. Other studies suggest that many serving in the military face preretirement anxiety. The average age of retirement from the military is 45 years old. Some of the commonalities discovered among franchisees and veterans in the literature review include discipline, highly cooperative, risk taking, training, the ability to follow a system and national affiliation. Show less

Abstracts - 2010 MERC Conference - 6th Annual
Mason Entrepreneurship Research Conference (MERC 2010):
Friday, March 26th 2010
Time: 8:00 AM - 5:00 PM (followed by a Reception)
Location: George Mason University, Fairfax Campus, VA 22030
Our Mission:To build a community of researchers committed to furthering entrepreneurial studies and developing scholarly networks for research.
To encourage researchers from cross-disciplinary fields to initiate collaborative research projects… Show more

Abstracts - 2010 MERC Conference - 6th Annual
Mason Entrepreneurship Research Conference (MERC 2010):
Friday, March 26th 2010
Time: 8:00 AM - 5:00 PM (followed by a Reception)
Location: George Mason University, Fairfax Campus, VA 22030
Our Mission:To build a community of researchers committed to furthering entrepreneurial studies and developing scholarly networks for research.
To encourage researchers from cross-disciplinary fields to initiate collaborative research projects and explore new trends, opportunities, and challenges in entrepreneurship related fields of study.
Show less

Franchising as an alternative to business ownership.

It was almost ten years ago; I was introduced to one of the most enlightening books on entrepreneurship I have ever read. The E-Myth Revisited is one of the most successful business books of the twentieth century. It was voted the #1 business book by the Inc. 500 CEOs. It has sold several million copies, has been translated into 17 languages, and is recommended reading for many new franchise owners.