MINNEAPOLIS (Nov. 1, 2022) – Experienced business and franchise executive Ali McElroy has founded a new business advisory firm providing an innovative, new model for aspiring franchisors to launch, evolve and scale high-potential brands. The firm, Kaleidoscope Growth Advisors, is a woman-owned, full-service franchise advisory firm with a focus on early-stage businesses.
“In addition to offering strategic advisory and specialty project services focusing on high potential multi-unit and growing businesses, I also recognized a need for a different way of making professional franchise expertise and industry insights accessible to founders early in the franchise lifecycle,” said founder Ali McElroy. “Through our unique franchise incubation partnership, we offer aspiring and early-stage franchisors a hands-on partnership providing know-how, connections and capital.”
Ideal Candidate for Franchise Incubation Partnership:
The ideal candidate for Kaleidoscope’s franchise incubation partnership is a founder in the early stages of franchising with a passionate and purpose-driven culture, multiple operating units and strong unit-level economics. Kaleidoscope partners with businesses in many sectors, from wellness and personal services to home services, restaurants, and more.
Kaleidoscope’s customized process and systems address all aspects of building a long-term, sustainable franchise system, including program design, franchise development, training and operational excellence. Kaleidoscope’s model supports the full lifecycle of franchise growth focusing on building internal capacity to maximize franchisor value in a long-term partnership and shared success model.
Further information about participating in the incubation program is available on Kaleidoscope’s website at www.kaleidoscopegrowth.com/our-services.
Founder Brings Deep Franchise Expertise to New Firm:
McElroy’s practical and formal credentials include more than a decade of executive leadership roles at Lift Brands spanning development, operations, strategic relationships, human resources and legal. She holds an MBA from Northwestern’s Kellogg School of Management, a JD from the University of Minnesota Law School and a BA from the University of Notre Dame. McElroy was recognized as one of the Top 100 Influential Women inFranchising in 2020 by industry trade publication Global Franchise. She is also a Certified Franchise Executive and a frequent speaker and author on franchising.
McElroy views franchising as a powerful platform for transformative growth on a national and global scale.
“During my tenure at Lift Brands, we grew Snap Fitness to over 1,000 locations in twenty countries, a scale achieved by only a small percentage of franchisors,” said McElroy, who was an early employee of the company and ultimately served as President, International and CLO of the multi-brand parent company Lift Brands. “Less than one in five franchisors reaches 100 locations and, in my experience, many of the impediments to growth are traced to decisions made in the earliest phases of franchising.”
Kaleidoscope’s process and systems maximize opportunity and minimize common growth challenges through a customized and holistic approach developed from McElroy’s experience working with over two dozen brands and thousands of franchise units across more than thirty countries.
About Kaleidoscope Growth Advisors:
Kaleidoscope Growth Advisors is a woman-owned, full-service franchise advisory firm offering a franchise incubation program to launch, evolve and scale strong, sustainable franchise systems. Kaleidoscope is founded and led by Ali McElroy- a recognized franchise industry leader with demonstrated success over nearly two decades in franchise and international businesses that span more than two dozen brands, over thirty countries and thousands of franchised units.
Kaleidoscope leverages this experience in its franchise incubator program, offering a hands-on partnership that provides know-how, connections, and capital. Kaleidoscope also offers strategic advisory and specialty project services focusing on high-potential multi-unit, franchise and growing businesses.
Kaleidoscope is guided by its company values of:
· Curiosity– we uncover unique insights and perspectives to help brands achieve optimal growth.
· Connection– we foster partnership with passionate and thoughtful individuals and organizations.
· Character– we lead with integrity and root our relationships in mutual respect and trust.
· Community– we believe in investing in the people and businesses around us.