Vik Patel Visits Lasher Business Institute Students

Vik Patel—co-founder of Tampa-based Purple Square Management and a member of Berkeley Preparatory School’s Board of Trustees—recently spoke to students at Berkeley’s Lasher Business Institute. Leading a team that manages over 245 franchises across seven major brands, including Dunkin’, Popeye’s, and American Family Care, Patel shared insights into the unique risks and rewards of franchise ownership. He discussed franchise royalty structures, vertical integration, and the dynamic between corporate headquarters and franchise owners, offering students a valuable perspective on the entrepreneurial journey and the complexities of managing diverse franchise concepts.