
Raising Cane's: Todd Graves
How I Built This with Guy Raz
Rapid Expansion and Franchising in the Restaurant Business
The speaker's restaurant quickly expanded by taking over four locations and opening four more in just months. Additionally, they opened a mall food court in the fifth month to prove their concept's versatility. Despite receiving multiple offers for franchising, the speaker was initially hesitant due to the restaurant being their 'baby' and their reluctance to franchise to non-operators. However, they eventually acknowledged franchising as a way to scale the business, but only with experienced operators. The overall insight from the conversation highlights the rapid growth and strategic approach to franchising in the restaurant business.
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