Through a generous donation of $1.5 million to Palm Beach Atlantic University, Ray Titus has made it possible for the university to include franchise-specific education in their business program. The Titus Center for Franchising is where students can study the specifics of franchise investments to give them a well-rounded business education.
Titus is the founder and CEO of Accurate Franchising, Inc.’s parent company, United Franchise Group (UFG). He is excited to reach more young people who may be interested in the franchise industry and hopes that this investment will encourage other industry players to get involved. “[The center is] going to be working with them in every different facet [of franchising],” Titus explained, going on to say that two of the 17 enrolled students are already talking about owning a master license or their own franchise.
The gift to the university, which is the biggest charitable donation Titus has ever made, is his way of giving back to his community and the greater franchise industry. “We work really hard, we have great lives,” he says, “and when it’s all said and done … my pastor says we don’t have to give, we get to give, and I agree with him.”
The Titus Center for Franchising gives students several options to get educated on franchising. They have the opportunity to get a degree in business with a concentration in franchising, or they can go through a certificate program to prepare them to invest in a franchise. There are additional intern and job shadowing programs for students to get firsthand practice.
The Center, which was dedicated in a ceremony on November 15, 2017, includes classes on an array of topics relating to franchising, including:
- How to buy a franchise
- How to franchise a business
- Franchise marketing and sales
- Franchise operations
- Franchise field support
- International franchise expansion
- Master franchisee development
- Many more
In addition to coursework, students will be able to learn from internships within UFG’s global headquarters in West Palm Beach, Florida. Beyond that, he is hoping that other major players in the franchise industry will also get involved with similar initiatives to improve franchise education and further the industry.
blog / latest news
Your lines are out the door, your demand seems endless, and you’ve crushed your bottom line each quarter. Expansion for your brand could be on the horizon, and now the question has emerged: do you franchise your business or maintain full ownership of your additional locations? As a franchise development company, we have evaluated the…Read more
While hiring a consultant to go over your business strategy might be insightful, it’s hard to feel confident that a one-time strategist is fully aware of the message of your brand. Through detailed evaluations and expert-level instruction, Accurate Franchising, Inc. is bringing a new standard for brands discovering how to build a franchise. Let’s take…Read more
Whether you are a food and beverage fast-casual style franchise or a home improvement business, standing out from the competition is crucial for learning how to create a franchise system. When you franchise your business, you’re going into the process with the goal of reaching the masses. Therefore, establishing a unique brand message and service…Read more
Whether you’re an established franchisor or are leading an up-and-coming franchise brand, having a great franchise disclosure document (FDD) is crucial. The FDD is a valuable asset to you, your franchisees, and anyone who is considering becoming a franchisee. Accurate Franchising, Inc. was founded by experts with decades of experience in the franchising space, and…Read more
There are lots of great reasons to partner with Accurate Franchising, Inc. for franchise development services. Whether your franchise brand is large or small, well-established or just starting, we have the resources and the expertise to help you bolster your franchise offering. Read on to learn about just a few of the valuable services we…Read more
So you’ve started a business, and now you’re ready to expand. There are a variety of different ways to go about building a business empire, and franchising is one of the best. If your profits are soaring, your employees are happy, your productivity is high, it’s probably time to start thinking about expansion. Sure, you…Read more
Creating a new franchise brand without any advance research clearly isn’t advisable, but you might want to dedicate more time to it than you initially thought. Thoroughly understanding demographics, including not only your target consumers both at home and abroad, but also the traits that make up your ideal franchisee, will go a long…Read more
Perhaps the most important part of franchising is developing an infrastructure that is accessible to potential franchisees, and easy for them to understand. This means giving franchisees a clear idea of what to expect financially, creating valuable resources for them to use, and a built-in support infrastructure that helps them along the way. When…Read more