Opinions expressed by Entrepreneur contributors are their own.
When Pizza Hut bought out Straw Hat Pizza nearly 10 years ago,Straw Hat franchisees faced a dilemma: Either convert or goindependent. For a number of franchisees, neither option wasappealing, so they came up with another alternative. They opted outof the Pizza Hut franchise and established a cooperative to retainownership of the Straw Hat name, operating systems, recipes andlogo.
Today, Dublin, California-based Straw Hat Cooperative Corp. isgoing strong, with 50 members and 65 locations throughoutCalifornia, Nevada and Washington. An average of six new stores areadded each year. All decisions guiding the company are made by anelected board of directors.
Continue reading this article — and all of our other premium content with Entrepreneur+
Join the internet’s leading entrepreneur community! With your subscription you’ll get:
- Unlimited access, including premium content
- No ads
- Subscription to狗万官方magazine
- Four free e-books a year
- Subscriber-only events with our experts