Real Property Management Franchisee: We Put Our Home On The Line To Buy A Franchise

Going into franchising, Josh Kattenberg was aware of the challenges. He knew that most new businesses fail. He knew that franchising was not a guarantee for success. He knew that he would very likely lose his house if his Real Property Management franchise failed. However, with research and support, it's been worth the risks for Kattenberg. Here's how he faced the challenges of franchising head on.

Name: Josh Kattenberg

Franchise owned (location): Real Property Management Express in Sioux Falls, S.D.

How long you have owned the franchise?

Four years.

Why franchising?

We have all heard the grim statistics that nine out of 10 new businesses fail in the first five years. We didn't want to be a statistic. Franchising is a way to lower the risk and speed up the learning curve inherent in any startup.

Franchise Ranking History
Franchise 500: #154 (2014), #143 (2013), #159 (2012),
Fastest-Growing: #78 (2014), #64 (2013), #57 (2012),
Low-Cost: #19 (2013), #24 (2012),
America's Top Global: #131 (2013), #128 (2012)

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