Who Is Ken Hollowell
Ken Hollowell entered into the field of business while still in his senior year of college (late 60’s) working in his father’s business as a sales representative. Quickly becoming a top producer and breaking many sales records. Ken Hollowell was approached by a manufacturing company that was represented by his dad to move to Ohio and run the company which was owned by a Fortunate 500 company. Ken Hollowell accepted the challenge and within less than one year, produced sales and profits that amounted to 5 times the sales the company had ever experienced in its 15 years existence. Ken Hollowell was offered a partnership in a startup manufacturing company in Chicago. Again, he accepted the challenge and within the first year produced sales in excess of $1.5 million. Ken Hollowell eventually sold out his portion of the company to the original founder. Ken Hollowell was exploring his options when he met Marvin Davis at a trade show that suggested he join him in his franchise marketing company. Without any background or knowledge of franchising, Ken Hollowell began promoting franchise sales with Marvin. Because of Ken Hollowell's success in marketing and sales of franchises, he quickly began receiving offers to represent various franchisors.
Prior to the national franchise laws and other than a few States regulatory agencies, Ken Hollowell discovered a great deal of confusion and misunderstanding about franchising. Few franchisors knew what to provide a franchisee candidate or even how to close a prospective franchisee. At this time there was only a handful of franchise consultants scattered throughout the United States. Most company’s going into franchising were left to “trial and error” to achieve their franchise network. Hence the formation of National Franchise Services that employed 17 full time individuals providing all of the necessary services a company needed to enter the industry of franchising. At this same time, the government had enacted a Regulation and Law that all franchisors had to comply with when it came to disclosure of their business opportunity. Ken Hollowell began attracting to his company a number of individuals with a very successful working knowledge of franchising. An example was Robert R. Raines, Jr. who had been a regulator in the State of Washington & Minnesota (he wrote their Model Franchise Laws) and had co-authorized the Uniform Franchise Offering Disclosure regulations that 15 States had adopted joined National Franchise Services as a Senior Vice President and worked for 7 years with Ken Hollowell. Ken Hollowell's approach to franchise consulting and developed was different that other firms who provided development services. Ken believed a new franchisor needed to learn franchising to become self-sufficient and not be dependent on outside resources for their growth. Ken some years was developing as many as 50 new franchisor companies with his staff of 17 people. Ken Hollowell quickly was recognized as an expert is franchising and gained the respect of many within the industry of franchising. Ken Hollowell was approached to lecture in colleges and universities in behalf of the Federal Trade Commission for which he did for 6 years. Ken Hollowell was asked to host a radio talk show on franchising (KFNN). Ken Hollowell even was asked to be an expert witness in franchise law suits on occasions. Ken wrote several books on franchising that were self-published along with many articles on franchising. And was sought after as a key note speaker at many conventions and meeting held by franchisors and other industries.
Early on in the consulting and development work for franchisors, Ken Hollowell saw another important need that his clients had which was that of financing. Some clients lacked the capital to support a franchise network therefore Ken Hollowell began assisting them in both loans and obtaining investors. In 1982, the Security & Exchange Commission created Rule 13 which allowed privately held companies to offer securities (sale of their privately held stock) so long as they had the proper and appropriate exemption (Reg D Series). Over the years Ken Hollowell has written as many as 100 Reg D private placement offerings annually for his clients. Because of the number of clients Ken Hollowell was accepting annually who needed funding, Ken Hollowell created Profran Consultants and later broke out the funding with Profran Capital Group. In addition, Ken arranges for funding through lenders. Ken has created a network of brokers and agents that have thousands of lenders and investors throughout the world.
Outside of the companies Ken Hollowell owns he formerly has been an owner in the Los Angeles Music Awards, M8 Film Productions, Sun Mobility Holdings, and currently is a shareholder and CEO of Bariatric Centers. Ken Hollowell formed Profran Foundation (non-profit) to assist entrepreneurs in franchising and funding with many of the individuals be veterans of the military.
Qualifications and Criteria for Becoming a Client_01_30.pdf
Profran Capital Group FUNDING QUESTIONNAIRE + BREAKDOWN OF FUNDS.pdf
USING STANDBY LETTERS OF CREDIT TO ACHIEVE FUNDING.pdf