PANAMA CITY BEACH – Scott Marr said his company’s goal is to provide budding entrepreneurs with “the knowledge to start a business from day one.”
To this end, Mr. Ma launched Panama City-based Franchise Altitude with the aim of providing selected emerging franchisors with the necessary investment capital and leadership.
According to a news release from Franchise Altitude, Marr has a track record of building successful businesses for more than 20 years. His entrepreneurial work experience includes founding Fleet Clean and Koala Insulation.
“What we do is support founders, franchise brands and companies by providing growth equity capital,” Ma said. “My background is primarily in the service industry. We’ve worked for over a dozen brands.”
Koala Insulation is one of the partners Marr works with to provide residential installation and attic insulation services. Franchise Altitude is also investing in Cabinet IQ, a home service concept that helps with appliances and countertops.
“We are a very broad and diverse company,” Mr. Ma said. “We work across a variety of categories, including youth development, food opportunities, and personal health.
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“We want to provide knowledge to entrepreneurs from day one when they start their business,” Ma said. “It takes trial and error to get where you want to go. Being involved with more than a dozen brands and creating more than $1 billion in enterprise value has helped us grow our business.Growing Equity to Brands We have experience in making them.” That was the key to our success. ”
