On Tuesday, December 15, the Northern Illinois Franchise Association (NIFA) hosted its Q4 virtual event, “Navigating the New Year,” sponsored by All Points Public Relations and Marks & Klein. It was an informative event, and we’d like to thank all those who could attend for their thoughtful participation.
The event kicked off with insights from U.S. Rep. Raja Krishnamoorthi (D-Ill.), a local congressman with deep connections to the franchising industry. Representing Chicago’s west and northwest suburbs that comprise Illinois’ 8th Congressional District, Rep. Krishnamoorthi discussed the business forecast for the region amid recovery, touching specifically on franchising in 2021.
Managing Partners Tom Wells and Scott Pressly with 10 Point Capital then took the virtual stage to offer their perspectives on the state of the franchising industry and what’s to come. The 10 Point Capital team brings over 75 years of experience in the franchise industry, including experience in investing in and operating both franchisors and franchisees. The team has invested in over 40 franchise transactions, has been franchisees for seven concepts and has worked for four franchisors. Its brand portfolio includes Phenix Salon Suites, Walk-On’s Sports Bistreaux and Slim Chickens.
We’d like to extend a huge thank you to Rep. Krishnamoorthi, Tom Wells and Scott Pressly for making this event possible. Your insights, strong connections and extensive knowledge of the franchising community fueled a valuable discussion as we set the stage for franchising in 2021 and beyond.
It’s important that we continue to foster these connections and share best practices in the new year. We encourage anyone who would like to stay connected to check out our NIFA LinkedIn group.
Looking ahead, we are planning several wonderful 2021 events and hope to see everyone in person in the near future. We encourage anyone with topic ideas and sponsorship questions for future events to reach out to Lauren Izaks directly by clicking here.
The NIFA wishes you a safe and healthy holiday season!
Visit www.northernilfranchise.org for more information about the organization.