Taking Your Franchise Public

In 2014, FRANCHISE COMPANIES found solid traction in the initial public offerings market. These IPOs have included Hilton Worldwide Holdings Inc., La Quinta Inn, Papa Murphy's, Potbelly Corp. Holdings and RE/MAX Holdings Inc. Of course, some of the nation's largest and most mature franchise systems have also successfully traded as public companies. Such companies include Dunkin' Brands Group, InterContinental Hotels Group, McDonald's Corp., Marriott International, Sonic Corp., Starwood Hotels and Resorts, Wendy's and Yum! Brands. While there have been many successful IPOs in the franchise space and the opportunities may seem plentiful, the decision to go public should be carefully considered.

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