In April 2006, Armando Dâ€™Accordo vowed to change his life as he looked up at tubes sustaining him while he was being taken away in away in an ambulance from his high-pressure job at Cendant Corp. Having escaped a heart attackâ€”the chest pains were caused by extreme hypertensionâ€”Mr. Dâ€™Accordo, whoâ€™d also had a recent bout with cancer, wanted more control over his destiny.
In September 2007, the IT executive, 48, paid $184,000 to purchase both a franchise from CMIT Solutions, a Texas-based information technology provider with 107 franchisees that serves small businesses, as well as the development rights for franchises in New York City and Long Island. His uncle Armand Dâ€™Accordo is a partner in the development venture.
â€œI wanted to buy a franchise rather than build a business from scratch because I knew I wouldnâ€™t have to reinvent the wheel,â€ says Mr. Dâ€™Accordo. Read full article.