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Over the course of a long career with General Electric, Dan Henson Sr. had oversight of GE’s franchise finance business (among other roles), which had about $6 billion in its restaurant portfolio.
“I wasn’t on the [restaurant] operating side, but I learned the P&L and balance sheet side,” he says. “You could see who was doing it well and who was doing it poorly. And when you get past location and food and quality of service, which are huge, it’s not a complicated industry.”
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