Ștefan Mandachi Launches the First Entrepreneur Training Program

Miruna Macsim 09/08/2023 | 13:01

Romanian entrepreneur Ștefan Mandachi, one of the largest domestic franchise founders, has launched a LIVE mentoring program dedicated to entrepreneurs aiming to transform their businesses into franchise networks. In 2023, the business magnate made significant investments in the e-learning market and educational platforms for entrepreneurs, students, and pupils. The new educational project exclusively for entrepreneurs involves an investment of 425,000 euros.

 

The franchise market in Romania experienced significant growth in the first quarter of 2023, with 30% more businesses of this type opened than in the same period of 2022. Franchise Generator is the first live course for entrepreneurs, in which a team of franchising professionals teaches business people the steps in franchising, from consolidation to actual franchise operations.

“I designed this mentoring program for franchising because the local market holds tremendous potential. While in America there are 792,000 franchise units in a market worth over 800 billion dollars, here, it’s still a virgin market, with franchisable brands being countable on one hand. Those who franchise their business correctly can generate substantial revenue and capture a significant market share. I decided to create this course for entrepreneurs because I’ve received at least 100 requests over the past years. I built the largest fast-food restaurant chain specializing in rotisserie meat in Europe from scratch, then I exited. I know how it’s done. All this experience can be replicated, and through the Franchise Generator program, I aim to train at least 100 entrepreneurs, each with their own franchise network. Without a thorough understanding of the entire franchising strategy, you can lose substantial sums by choosing the wrong franchisees. The mentoring program also generates valuable networking, a strong community of entrepreneurs with a shared vision,” states Ștefan Mandachi, founder of the Spartan restaurant chain.

The Franchise Generator program launched by Ștefan Mandachi spans over a period of five months and targets entrepreneurs who possess a stable business with potential and wish to franchise it.

Entrepreneurs wishing to partake in this intensive course need to qualify. Thus, in order to determine if the program is suitable for enrolling business people, they must first apply for a free consultation session on the website www.franchisegenerator.ro.

The courses are rooted in the experience of the franchise model replicated across all businesses developed by the entrepreneur from Suceava. These businesses collectively boast an annual turnover of over 50 million euros and employ over 1,200 individuals across the country.

The courses will be structured exclusively in LIVE sessions. Five comprehensive modules will cover everything from business scanning to brand consolidation. Other cornerstones of the mentoring program include Branding, Marketing, Management, Franchising Techniques and Strategies, Organic Development Policies in Franchising, and Franchise Sales.

The investment in the Franchise Generator program is personalized and is established during the free consultation session, tailored to the specific needs of each entrepreneur. To enroll in the program, entrepreneurs must apply on the website www.franchisegenerator.ro, by completing a mandatory form.

This year, Ștefan Mandachi embarked on a series of investments in the online education field, investing over 500,000 euros in educational tools for entrepreneurs on platforms such as www.caietulvisurilor.ro and www.mentorMAG.ro. The latter is an e-learning platform that already boasts an online community of over 20,000 individuals.

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