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Choosing the right franchise can feel like navigating a maze with no clear path—and high stakes at every turn. With hundreds of opportunities and little transparency, would-be franchisees are often left to rely on sales pitches, outdated directories, or gut instincts. The result? Missed opportunities, mismatched investments, and costly mistakes that could have been avoided. For those serious about franchising, the need for a better way forward is urgent. That's where Ryan Zink steps in. With over 20 years of experience in the franchise world—including three private equity exits, co-founding Complete Nutrition, Franchise FastLane, and now leading as CEO of Franchise Sidekick—he's reshaping the franchise decision process from the ground up. His mission is simple: help more people buy the right franchise, reduce risk, and set them up for long-term success. Rather than focusing solely on selling brands, Zink has taken the buyer's perspective. The goal isn't just to match people with a franchise—it's to equip them with the tools, insight, and structure they need to make informed, confident decisions. At Franchise Sidekick, that means vetting brands against a 150-point checklist, assessing everything from leadership and support systems to profitability and scalability. It's not just about who's selling; it's about whether the opportunity is worth buying. This structured approach to the franchise decision process is designed to reduce friction and increase transparency. Zink highlights how most prospective franchisees don't know what questions to ask—or who to trust. They're stepping into a world where financials vary widely, support is inconsistent, and expectations are often misaligned. Franchise Sidekick offers a solution: a process that empowers buyers through education, data, and strategic matchmaking. Zink also emphasizes the importance of brand readiness. Not every franchise is built to scale—and many don't have the systems, leadership, or support to sustain growth. By working closely with franchisors, his team ensures that only brands meeting specific criteria are positioned in front of qualified buyers. That alignment is key: a great candidate with the wrong brand is a recipe for frustration on both sides. The conversation also touches on what makes a great franchisee—not just financially, but mentally. Zink points out that while many people want to be business owners, not everyone is ready to operate within the structure a franchise requires. Success in franchising comes from following the system, trusting the process, and staying accountable. The right candidate has clarity on their role, knows what they're looking for, and is willing to put in the work. In today's fast-paced franchise industry, where private equity is accelerating brand growth and more people are entering entrepreneurship than ever before, the need for structure and support has never been greater. Simplifying the franchise decision process is about more than efficiency—it's about creating lasting success. When people are matched with the right opportunity, backed by the right support, they're more likely to thrive—and so is the brand. Ryan Zink is doing more than helping people buy franchises. He's changing how the industry thinks about the decision itself. And for those ready to take the leap, the difference between guessing and knowing can define the entire journey. Watch the full episode on YouTube. Don't miss future episodes of Fordify LIVE! every Wednesday at 11 AM Central, streaming on your favorite social platforms. Catch new episodes of The Business Growth Show Podcast every Thursday for a weekly dose of business growth wisdom. About Ryan Zink Ryan Zink is the Founder and CEO of Franchise Sidekick, where he's on a mission to simplify the franchise decision process and help more people invest in the right opportunities. With over two decades of experience, Ryan has co-founded and scaled brands like Complete Nutrition and Franchise FastLane, guided three successful private equity exits, and helped award more than 10,000 franchise locations. He brings a buyer-first approach to franchising, focused on transparency, risk reduction, and sustainable growth. Learn more at FranchiseSidekick.com. About Ford Saeks Ford Saeks is a Business Growth Accelerator who has helped generate over a billion dollars in sales for companies ranging from startups to Fortune 500s. As President and CEO of Prime Concepts Group, Inc., he focuses on customer acquisition, brand visibility, and innovation. With over 20 years of experience, Ford has founded more than ten companies, authored five books, and holds three U.S. patents. His expertise also extends into AI-driven content strategy, showcased at the Unleash AI for Business Summit. Learn more at ProfitRichResults.com and watch his TV show at Fordify.tv.
In this episode of The Shades of Entrepreneurship™, host Gabriel Flores sits down with James Hilovsky, CEO of The Fran Dream, to explore the world of franchise ownership. James shares his transition from the fast-food industry to franchise consulting, the steps to evaluate a good opportunity, and why networking is crucial to franchise success.Support the showSubscribe at theshadesofe.com
What would you do if you were laid off just before the holidays… with a toddler at home… and your life savings on the line?In this episode, I sat down with Nina Hunter — a brand new franchise owner who went from being let go in corporate to launching THREE territories with a restoration franchise.We talk about how she overcame fear, what made her walk away from opening a $1.2M coffee shop, and how she ramped up her business faster than most people thought possible.Whether you're new to franchising, trying to escape corporate, or just want to hear the raw story of someone who went all-in — this is a powerful episode.⏱️ TIMESTAMPS:00:00 – From layoffs to franchise ownership05:32 – Her first job happened DURING franchise training12:10 – Why she passed on a $1.2M coffee shop investment17:28 – What it's like starting a franchise with no experience22:45 – Funding her business with ROBS & SBA29:30 – Juggling family, marketing, and a team of 537:05 – What it really takes to be profitable in year one44:02 – Her goals for hitting $1M in year one48:11 – Advice to moms, corporate pros, and franchise first-timers#FranchiseEmpire #ZeroToProfitablePodcast #FranchiseOwner #WomenInBusiness #FromCorporateToFranchise #VodaFranchise #EntrepreneurJourney #FranchiseAdvice #FranchiseFunding #FranchiseStartup------------------Considering Investing In A Franchise? Discover Available Franchises Opportunities in Your Area:
You won't believe the rent on this Miami nightclub for sale!Business Listing - https://www.bizquest.com/business-for-sale/20-000-sqft-wynwood-nightclub-for-sale/BW2316385/Today's episode is sponsored by Connor's Franchise Consulting! If you're considering owning a franchise, Connor and his team can help you pick the right one. Sign up for his newsletter and attend a Gateway to Franchise Ownership workshop today. Schedule a call now: https://www.connorgroce.com/scheduleNeed an SBA loan for a business acquisition? Heather from Viso Business Capital connects buyers with the best funding options. Sign up for a free SBA loan Q&A session: VisoCap.netIn this episode, the Acquisitions Anonymous team breaks down a hot Miami nightclub listing—20,000 square feet, $100K in monthly rent, and a $3M asking price. With a cash flow of $1M, we debate whether this deal is actually a steal or a total trap. We dive into the nightclub industry's risky business model, the role of promoters, the power of liquor licenses, and why some clubs thrive while others disappear overnight. Plus, is Gen Z killing nightlife? And could a crypto bro be the perfect buyer for this business?Key Highlights:A $3M nightclub listing in Miami – is it worth it?How nightclubs make (and lose) money – from bottle service to insane rentsThe crucial role of promoters in keeping clubs packedLiquor licenses: The hidden value in bar & club acquisitionsGen Z's impact on nightlife – why they're ditching alcohol for coffee ravesCrypto bros & nightclubs: The wildest potential buyers for this businessSubscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
You won't believe the rent on this Miami nightclub for sale!Business Listing - https://www.bizquest.com/business-for-sale/20-000-sqft-wynwood-nightclub-for-sale/BW2316385/Today's episode is sponsored by Connor's Franchise Consulting! If you're considering owning a franchise, Connor and his team can help you pick the right one. Sign up for his newsletter and attend a Gateway to Franchise Ownership workshop today. Schedule a call now: https://www.connorgroce.com/scheduleNeed an SBA loan for a business acquisition? Heather from Viso Business Capital connects buyers with the best funding options. Sign up for a free SBA loan Q&A session: VisoCap.netIn this episode, the Acquisitions Anonymous team breaks down a hot Miami nightclub listing—20,000 square feet, $100K in monthly rent, and a $3M asking price. With a cash flow of $1M, we debate whether this deal is actually a steal or a total trap. We dive into the nightclub industry's risky business model, the role of promoters, the power of liquor licenses, and why some clubs thrive while others disappear overnight. Plus, is Gen Z killing nightlife? And could a crypto bro be the perfect buyer for this business?Key Highlights:A $3M nightclub listing in Miami – is it worth it?How nightclubs make (and lose) money – from bottle service to insane rentsThe crucial role of promoters in keeping clubs packedLiquor licenses: The hidden value in bar & club acquisitionsGen Z's impact on nightlife – why they're ditching alcohol for coffee ravesCrypto bros & nightclubs: The wildest potential buyers for this businessSubscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
Growing a franchise isn't just about selling locations–it's about smart, sustainable scaling. Learn how goGLOW is doing it right! Today, Erik Van Horn welcomes back goGLOW founder Melanie Richards to discuss what smart franchise growth really looks like. Melanie shares how she scaled goGLOW from a single location to a rapidly growing franchise by strategically selecting franchise partners, securing the right vendor relationships, and staying financially disciplined. She also reveals why growing too fast can kill a franchise and how founders can avoid common scaling mistakes. goGLOW's rapid yet strategic expansion proves that smart growth beats fast growth every time. Melanie breaks down the key factors behind goGLOW's franchise success, from selecting the right partners to managing territories effectively. She also reveals how strategic partnerships play a vital role in scaling, and why franchise owners must think long-term when making growth decisions. With private equity interest growing, Melanie opens up about the challenges of balancing investment opportunities while staying true to the brand's mission. Do you want to learn more about the strategy behind goGLOW's success? Tune in to hear how smart scaling can make all the difference! To learn more about goGLOWs smart growth strategies, you can also listen to this past episode: How goGLOW Built a Franchise Employees Love and Customers Trust With Tori Johnston - https://www.youtube.com/watch?v=9hWHheuG0p4 “I did see where goGLOW can go. I knew its possibilities, but I wasn't going to do that unless I had the right partners. Franchising is a completely different industry than what I'm in, and I made sure I had experts to go into that world with me." ~ Melanie Richards In This Episode: - What smart growth means for goGLOW - How goGLOW built a scalable foundation - Taking the right steps with the right people - The power of strategic partnerships - Hiring key team members for franchise growth - The importance of investing in the right people - Selecting vendors that support franchisees - How goGLOW improved on-site training - Balancing growth speed vs. sustainability - The role of financial discipline in growth Resources:
Are you starting your franchise journey? Avoid these common rookie mistakes that can cost you time and money!Franchise expert Giuseppe Grammatico shares his top 5 pitfalls to avoid, based on his 20 years of experience. Learn how to set yourself up for success from day one and build a thriving franchise business. Like, comment, and subscribe for more franchise freedom tips! Connect with Franchise Freedom on:Website: https://ggthefranchiseguide.com/podcast/LinkedIn: https://www.linkedin.com/in/giuseppe-grammatico/Facebook: https://www.facebook.com/GGTheFranchiseGuideX: https://twitter.com/ggfranchguideInstagram: https://www.instagram.com/ggthefranchiseguide/YouTube: https://www.youtube.com/@ggthefranchiseguideApple: https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638Spotify: https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fmThe Franchise Freedom: Discover Your New Path to Freedom Through Franchise Ownership, Book by Giuseppe Grammatico https://ggthefranchiseguide.com/book or purchase directly on Amazon.
Chris King, the dynamic CEO of Monster Mini Golf, joins us for an episode filled with exciting insights into the world of indoor family entertainment. Chris shares the innovative concept behind this monster-themed wonderland, where blacklight courses, animatronic creatures, and even a DJ booth ensure fun for all ages. He discusses the adaptable franchise model that allows each location to offer unique attractions such as laser tag and bowling, providing franchisees the flexibility to fit local market demands and investment capabilities. Listeners will gain a deeper understanding of the strategic opportunities available within the Monster Mini Golf franchise system. We explore how franchisees can capitalize on vacant commercial spaces, supported by a robust system for site selection, lease negotiation, and efficient build-outs. Chris emphasizes their grassroots growth strategy and how his extensive franchising background has helped steer the brand toward thoughtful expansion, ensuring alignment between franchisor and franchisee. The journey from corporate careers to owning a lifestyle-friendly franchise is a compelling narrative we explore in this episode. Discover how franchise ownership can offer a fulfilling blend of personal satisfaction and financial opportunity, especially in a sector as enjoyable as leisure and entertainment. Chris and the team demonstrate how community involvement and excellent customer interactions can create a loyal customer base, making Monster Mini Golf a compelling franchise opportunity for those seeking a rewarding and balanced business venture. TIMESTAMPS: (00:14) Monster Mini Golf (07:16) Franchise Flexibility and Real Estate Opportunities (12:42) Franchise Ownership and Alignment Success (26:15) Franchisee Personality and Business Success (30:33) Building a Lifestyle-Friendly Franchise Business (35:56) Franchise Economics and Real Estate Support (46:26) Franchise Opportunities With Monster Mini Golf Connect with Monster Mini Golf here: https://monsterminigolf.com
In this episode of the Free Agent Podcast, Jennifer Eastman shares her bold journey from running a family moving business to launching Assisted Living Locators—right in the middle of a pandemic. She opens up about navigating uncertainty, building a people-first business, and why strong relationships were key to her success. If you're looking for inspiration to take control of your future, this conversation is a must-listen!
In this insightful clip of Market Mondays, Derek Lewis joins hosts Troy Millings, Rashad Bilal, and Ian Dunlap to delve into his exciting journey of purchasing and scaling 10 franchises of Big Dave's Cheesesteaks. Derek shares his unique experiences from his extensive career at PepsiCo and how his interactions with prominent entrepreneurs Derek Hayes and Pinky Cole at an Entrepreneur Summit ignited his passion for this venture.Derek describes the initial steps of buying these franchises, reflecting on the importance of fostering relationships within the community and the unwavering support he received from Pepsi while bringing Hayes' vision to life. He emphasizes the significance of understanding the entrepreneurial dream, not just from a business perspective, but also in aligning with their mission to support and uplift the community - particularly focusing on Black-owned businesses post-COVID.The clip further explores Derek's strategy to grow Big Dave's Cheesesteaks across the nation. His approach combines his previous professional experiences, especially in sports marketing during his tenure at Pepsi, integrating these elements into his current entrepreneurial pursuits to build brand awareness and a loyal customer base.Additionally, Derek speaks passionately about the pivotal role mentorship and networking play in achieving business success. He outlines his goal to use his expertise in scaling operations efficiently and mentor younger entrepreneurs to help them navigate the challenges of the business world.The conversation later shifts to the impact of Historically Black Colleges and Universities (HBCUs) on Derek's career. As a proud graduate of Hampton University, Derek emphasizes the importance of HBCUs in shaping leaders and the value they bring to the professional world. He shares his endeavors in supporting HBCUs through recruitment, brand activations, and community engagement - ensuring that these institutions continue to thrive despite the challenges they face.This clip is not only a deep dive into the business strategies and commitments of a successful entrepreneur but also a testament to the power of community, mentorship, and the enduring legacy of HBCUs. Whether you're an aspiring entrepreneur, a seasoned businessperson, or someone interested in the growth of Black-owned businesses, this discussion offers a wealth of insights and inspiration.Join us for this compelling conversation with Derek Lewis as we explore the intricate process of franchise ownership, the importance of community support, and the ongoing impact of HBCUs.*#MarketMondays #DerekLewis #BigDavesCheesesteaks #Entrepreneurship #FranchiseBusiness #Mentorship #HBCUs #CommunitySupport #PepsiCo #ScalingBusiness #BlackOwnedBusiness*Support this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Franchise ownership success is the goal of every entrepreneur looking to step into a proven business model, but getting there requires the right mindset, strategy, and execution. For many, the idea of investing in a franchise is appealing, but questions about risk, operational structure, and market competition can create hesitation. While franchising offers a built-in support system, navigating the transition from aspiring business owner to successful franchisee requires commitment to the process and a willingness to adapt. D'Wayne Tanner, Vice President of Franchise Development at BELFOR Franchise Group, has spent years guiding entrepreneurs through this transition. With a background that includes leadership roles at Taco Bell, Wendy's, Ruby Tuesday, and Focus Brands, his expertise spans multiple industries, offering a unique perspective on what separates successful franchisees from those who struggle. As a leader within BELFOR Franchise Group, which oversees 15 residential and commercial service brands, Tanner has witnessed firsthand how franchisees can thrive by aligning their strengths with a structured business model. One of the most significant challenges facing new franchise owners is the shift from independent decision-making to following a defined system. Many enter franchising after successful careers in other industries, bringing a wealth of experience but sometimes resisting the structure designed to set them up for success. According to Tanner, those who embrace the model, rather than attempting to modify it prematurely, often experience stronger financial performance and more sustainable growth. While innovation and personal expertise add value, franchising is built on consistency, and those who adhere to established processes are better positioned to maximize their investment. Building a strong team is another cornerstone of franchise ownership success. The most successful franchisees understand that a business is only as strong as the people operating it. Hiring for skill is important but hiring for cultural fit and shared values can make an even greater impact. Employees who believe in the brand's mission and take pride in their work contribute not only to day-to-day operations but also to the reputation and long-term stability of the business. Tanner emphasizes the importance of leadership in shaping company culture, fostering an environment where employees feel valued, and ensuring that customer experiences exceed expectations. Establishing a local presence is just as critical as operational execution. While national branding provides an advantage, the ability to connect with a specific community can be the difference between a business that survives and one that thrives. Tanner describes the importance of becoming a recognizable figure in the local market, attending community events, supporting charitable initiatives, and forming strategic partnerships that create goodwill and strengthen brand loyalty. Franchisees who position themselves as trusted resources within their communities often generate more word-of-mouth referrals, repeat business, and long-term customer relationships. Financial responsibility plays a key role in franchise ownership success, particularly for those new to business ownership. Understanding cash flow, reinvesting strategically, and balancing growth with sustainability are all factors that influence long-term stability. Many franchisees underestimate the financial discipline required in the early stages, assuming that revenue alone will drive success. Tanner stresses the importance of financial planning and leveraging the franchisor's support to navigate common pitfalls and optimize profitability. Beyond financial acumen and operational strategy, mindset remains one of the most critical elements of franchise success. Owning a business—whether independent or franchised—requires resilience, adaptability, and a proactive approach to problem-solving. Challenges will arise, but those who remain engaged, seek guidance, and commit to continuous improvement position themselves for greater success. With decades of experience in the franchise industry, Tanner has seen entrepreneurs transform their careers, build scalable businesses, and gain control over their financial futures. His expertise sheds light on what it truly takes to succeed in franchising and why those who embrace the journey fully, rather than seeking shortcuts, are the ones who ultimately build thriving businesses. Watch the full episode on YouTube. Join me LIVE every Wednesday at 11 AM Central on your favorite social platforms for Fordify LIVE! and catch The Business Growth Show Podcast every Thursday for a weekly dose of business growth wisdom. About D'Wayne Tanner D'Wayne Tanner is the Vice President of Franchise Development at BELFOR Franchise Group, bringing decades of experience in the franchise industry. With a background that includes leadership roles at major national brands like Taco Bell, Wendy's, Ruby Tuesday, and Focus Brands, D'Wayne has been instrumental in driving franchise expansion and helping entrepreneurs transition into business ownership. At BELFOR Franchise Group, he plays a key role in the growth of 15 residential and commercial service brands, guiding franchisees toward franchise ownership success by providing them with the systems, tools, and support they need to thrive. His passion lies in empowering aspiring business owners, ensuring they have the knowledge and strategy to confidently take charge of their futures. Throughout his career, D'Wayne has seen firsthand what separates thriving franchisees from struggling ones. His expertise in team building, brand awareness, and system execution has made him a trusted resource for entrepreneurs looking to maximize their investment and scale their businesses effectively. Whether coaching franchisees on hiring top talent, leveraging proven marketing strategies, or embracing operational best practices, he is dedicated to setting business owners on the path to long-term success. Learn more about BELFOR Franchise Group. About Ford Saeks Ford Saeks is a Business Growth Accelerator with a track record of generating over $1 billion in sales worldwide for businesses ranging from startups to Fortune 500 companies. As the President and CEO of Prime Concepts Group, Inc., he specializes in customer acquisition, brand expansion, and business innovation, helping companies attract loyal customers and scale their success. A serial entrepreneur, Ford has founded over ten companies, authored five books, and been awarded three U.S. patents. His ability to identify market opportunities and create high-impact strategies has earned him numerous industry awards and recognition as a leading expert in marketing, sales, and business development. Beyond his work in traditional business growth strategies, Ford is a pioneer in AI prompt engineering, leveraging artificial intelligence to craft compelling content that drives engagement and results. His expertise in AI-powered marketing was recently showcased at the Unleash AI for Business Summit, where he shared insights on how ChatGPT is transforming operations, sales, and customer experience. For those looking to accelerate their success, Ford provides actionable strategies through his TV show, Fordify LIVE!, keynote presentations, and consulting services. Learn more at ProfitRichResults.com and watch his show at Fordify.tv.
Have you ever wondered what it takes to transition from a successful corporate career to owning a thriving business in the signage industry? Join us in this episode as we sit down with Darren Vanderhall, a dynamic entrepreneur and proud Aggie from North Carolina A&T, whose journey from Coca-Cola and Lowe's Home Improvement to Sinorama franchise ownership is both inspiring and instructive. Discover how a fraternity retreat sparked a transformative shift in Darren's career path, leading him to embrace the franchise model's structured support and proven strategies for success. Listen closely as Darren unfolds his story of leveraging corporate project management experience to build a legacy in entrepreneurship, fueled by community connections and familial guidance.The episode also uncovers the fascinating dynamics of leadership within the franchising world, particularly through the lens of Darren's experiences as a Sinorama franchise owner. We explore the intricate role of a regional manager and the importance of nurturing relationships within franchise networks. Darren shares valuable insights into building a versatile team by integrating diverse talents, including recent graduates and family members, to tackle real-world business challenges. His story is a testament to the power of practical problem-solving and resilience, offering a refreshing perspective for those drawn to the allure of entrepreneurship.Lastly, we delve into the profound themes of legacy and entrepreneurial learning. Darren opens up about guiding the next generation, including his son, towards business ownership as a means to bridge economic gaps. He reflects on the significant role of reading in personal and professional growth, drawing wisdom from "The 48 Laws of Power" and balancing it with biblical principles. This episode is a heartfelt reflection on supporting entrepreneurial appetites, fostering community engagement, and the importance of reputation in business. Don't miss out on the insights shared by Darren Vanderhall and the enriching discussions on nurturing a thriving entrepreneurial spirit.Support the showhttps://www.patreon.com/c/EA_BookClub
How do you create a thriving franchise while staying true to personal values and innovation? In this episode of the Mitlin Money Mindset®, host Larry Sprung interviews Bennett Maxwell, Chairman of Dirty Dough Cookies. From his early entrepreneurial roots to transforming Dirty Dough into a streamlined, values-driven brand, Bennett shares insights on leadership, mental health advocacy, and simplifying franchise operations. Learn how his tagline, “It's the inside that counts,” reflects both his product and personal philosophy. Bennett discusses: Simplifying operations by centralizing cookie production to create an easy-to-run franchise model The significance of his personal journey, including childhood sales experiences and pivoting from solar to the cookie business The value of an advisory board in building a solid foundation for Dirty Dough's growth Prioritizing mental health and spreading positive messages through packaging and branding The impact of a clear mission statement and core values in attracting like-minded franchisees and customers And more! Resources: Mitlin Financial The JOY and Productivity Journal by Lawrence Sprung Download Your Free Copy of the Couple's JOYful Money Guide Connect with Larry Sprung: LinkedIn: Larry Sprung Instagram: Larry Sprung Facebook: Larry Sprung X (Twitter): Larry Sprung Connect with Bennett Maxwell: Website: Bennett Maxwell Facebook: Bennett Maxwell Linkedin: Bennett Maxwell Instagram: Bennett Maxwell Youtube: @deeperthandough2123 About our Guest: Bennett Maxwell is a multifaceted entrepreneur renowned for his innovative approach to business and commitment to enhancing the entrepreneurial landscape. He is currently the driving force behind Dirty Dough Cookies, a fast-growing and thriving national cookie restaurant with 80+ stores open and dozens more set to launch this year. Maxwell's professional journey spans diverse industries, from real estate in Utah to the co-founding and eventual successful sale of Switch to Solar in addition to his entrepreneurial endeavors, he is a sought-after speaker and frequently shares valuable insights with the media. Maxwell is also the host of the Deeper Than Dough podcast, which he started in 2023. The podcast focuses on finding joy and fulfillment in life. Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.
What does absentee ownership actually mean in franchising? Is it really possible, or is it just another myth in the industry? In this replay, Erik talks to his business partners, Luke Jacobson and Terry Rackley from StretchLab, who share their raw and honest journey from hopeful semi-absentee franchisees to successful business partners. After experiencing the reality of burning through 6 managers in 8 months and watching their "10-hour work week" transform into something completely different, they reveal what actually makes absentee ownership possible. Their partnership story shows how the right structure can change everything, leading to profitability increases of up to 200% in some locations. The conversation pulls back the curtain on franchise success: the truth about support systems, the power of systematic organization, the critical role of employee retention, and most importantly - what it really takes to be a successful absentee owner in franchising. “We're not a franchisee that does something totally different than what the franchise is asking. We actually stay pretty close. We're not trying to reinvent the wheel, but on the people side, we try to go above and beyond. They'll take care of customers, which in turn will get us good results.” ~ Terry Rackley In This Episode: - Luke's background and how he got into franchising - Terry's background and how he met Luke and Erik - How Luke and Terry became business partners - The importance of speed in opening new locations - Erik's role in the partnership - Why leadership and organizational skills matter in business - Critical factors in running a successful business - Is absentee ownership a myth? - What comes to mind when you hear the term top franchisees? - What does a healthy franchisee-franchisor relationship look like? - Why is aggressive organization necessary when managing a business? - What makes partnerships a good thing? Resources:
Explore the wild world of crypto as we review a cryptocurrency signal trading platform for sale and the ethics of anonymous trading communities.Business Listing - https://us.businessesforsale.com/us/leading-cryptocurrency-trading-signals-service.aspxThis episode is sponsored by:Connor's Franchise Consulting - Take the first step towards owning a franchise. Sign up for Connor's newsletter or attend his Gateway to Franchise Ownership workshop! Schedule a call with Connor and his team today https://connorgroce.com/.Holdco Conference 2025 - Learn how to manage multiple businesses at an all-inclusive mountain resort. Use code AIRPOD for 10% off your ticket! Visit HoldcoConference.com.In this episode, we dive into a cryptocurrency signal trading business listed for sale, exploring its meteoric rise, 95% profit margins, and ethical concerns about anonymous operations. We discuss the dynamics of crypto communities, the challenges of scaling paid memberships, and whether this kind of business is sustainable or just another “pump and dump.” Plus, our hosts share personal crypto mishaps and insights on how financial institutions perceive digital assets. A must-listen for anyone curious about the intersection of crypto and small business acquisitions!Key Highlights:- Overview of a crypto signal trading business with 95% net margins.- Ethical concerns surrounding anonymous trading communities.- The challenge of transitioning personal-brand businesses to new owners.- Crypto's impact on personal financial statements and SBA loans.- Personal anecdotes on missed crypto opportunities and market dynamics.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
Explore the wild world of crypto as we review a cryptocurrency signal trading platform for sale and the ethics of anonymous trading communities.Business Listing - https://us.businessesforsale.com/us/leading-cryptocurrency-trading-signals-service.aspxThis episode is sponsored by:Connor's Franchise Consulting - Take the first step towards owning a franchise. Sign up for Connor's newsletter or attend his Gateway to Franchise Ownership workshop! Schedule a call with Connor and his team today https://connorgroce.com/.Holdco Conference 2025 - Learn how to manage multiple businesses at an all-inclusive mountain resort. Use code AIRPOD for 10% off your ticket! Visit HoldcoConference.com.In this episode, we dive into a cryptocurrency signal trading business listed for sale, exploring its meteoric rise, 95% profit margins, and ethical concerns about anonymous operations. We discuss the dynamics of crypto communities, the challenges of scaling paid memberships, and whether this kind of business is sustainable or just another “pump and dump.” Plus, our hosts share personal crypto mishaps and insights on how financial institutions perceive digital assets. A must-listen for anyone curious about the intersection of crypto and small business acquisitions!Key Highlights:- Overview of a crypto signal trading business with 95% net margins.- Ethical concerns surrounding anonymous trading communities.- The challenge of transitioning personal-brand businesses to new owners.- Crypto's impact on personal financial statements and SBA loans.- Personal anecdotes on missed crypto opportunities and market dynamics.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
Looking to buy a Christmas tree lot business? This episode breaks down a deal for a Utah-based seasonal tree venture.Link to business listing: https://www.bizbuysell.com/Business-Opportunity/Seasonal-Christmas-Tree-Business/2232219/
Looking to buy a Christmas tree lot business? This episode breaks down a deal for a Utah-based seasonal tree venture.Link to business listing: https://www.bizbuysell.com/Business-Opportunity/Seasonal-Christmas-Tree-Business/2232219/
Beyond Food Franchises: Exploring Non-Food Opportunities While food franchises are undeniably our most popular category, franchising extends far beyond the realm of food. Over the years, we've featured numerous exceptional franchises in the service industry. These businesses, though often highly profitable, present unique marketing challenges. Our podcast begins with a discussion inspired by Dr. Martin J. McDermott's LinkedIn article, "You Had Me at Hello: The Power of the Follow-Up." This piece highlights the critical role of post-service communication in fostering customer loyalty. Using compelling anecdotes—like a dentist's thoughtful follow-up call or a repairman's check-in after servicing a refrigerator—Dr. McDermott underscores how small gestures can leave a lasting impact. He also introduces the RATER model (Reliability, Assurance, Tangibles, Empathy, Responsiveness) as a framework for assessing service quality, emphasizing how even brief interactions can strengthen customer relationships. Drawing from his expertise as a marketing professor and franchising authority, he concludes by celebrating the often-overlooked importance of a simple greeting and timely follow-up. Next, we sit down with Jon Ostenson, a consultant, entrepreneur, and author specializing in non-food franchising. As a former Inc. 500 Franchise President and multi-brand franchisee, Jon offers invaluable perspectives on this sector. We explore insights from his latest book, Non-Food Franchising: The Better Path to Franchise Ownership. Finally, in the second segment of the episode, we feature an excerpt from our celebrated podcast series, Great Quotes in Franchising.
Full-time or part-time franchise ownership?
Discovering a Niche Porsche Restoration Business | Acquisitions Anonymous Ep. 351In this episode of Acquisitions Anonymous, we explore a unique e-commerce opportunity: a niche business specializing in manufacturing high-margin Porsche restoration parts. With $600,000 in revenue and $312,000 in free cash flow, this 30-year-old business offers a 3.5x income multiple and SBA financing potential.
Discovering a Niche Porsche Restoration Business | Acquisitions Anonymous Ep. 351In this episode of Acquisitions Anonymous, we explore a unique e-commerce opportunity: a niche business specializing in manufacturing high-margin Porsche restoration parts. With $600,000 in revenue and $312,000 in free cash flow, this 30-year-old business offers a 3.5x income multiple and SBA financing potential.Check out the link to this listing: https://quietlight.com/listings/14097773/
This episode is brought to you by Oberle Risk Strategies: Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses * Want to know what it's like to work with me as an investor? Check out our testimonials page here. * Franchise ownership is an entrepreneurial path that remains under-discussed and under-explored within the small business community. Yet, for the right person, it can represent a highly lucrative opportunity with several built-in risk mitigation mechanisms. My guest today, Michael Horowitz, acquired 7 Wingstop locations in 2018 and continued to grow his footprint over the next 5 years until a successful exit to a strategic acquirer in 2023. As we discuss in our conversation, the entrepreneurial gods don't deduct any points for leveraging a business model that is proven to work.
What if franchising could be your ticket to a life of freedom and flexibility? Join us on the Path to Freedom podcast as we welcome Wes, a franchise broker and consultant with firsthand experience on both sides of the franchise equation. Wes takes us on his remarkable journey from a corporate career to owning franchises, shedding light on how his diverse roles shaped his unique perspective. His insights into franchising reveal the often-overlooked aspects of preparation and clarity in aligning personal goals with business opportunities. In our conversation, Wes dispels common myths surrounding franchising and offers a roadmap for evaluating franchise opportunities. He shares his advice on focusing beyond just the product, directing attention to the business model and the role of the owner. We discuss the critical financial considerations, from conducting thorough due diligence to exploring a variety of funding options like SBA loans and ROBS. Wes's personal stories and practical tips offer listeners valuable knowledge to navigate the financial landscape of franchising and align their investments with their lifestyle aspirations. As we venture into the world of semi-absentee ownership, Wes clarifies the realities of balancing a current job with franchise ownership. He highlights the importance of being prepared for the inevitable challenges of running a business, emphasizing flexibility and effective management skills. Whether you're looking to diversify your business ventures or step into business ownership for the first time, Wes's experiences and advice provide a guiding framework. Tune in to discover how franchising could serve as your pathway to achieving both professional success and personal freedom. TIMESTAMPS: (00:01) - Franchise Broker Role and Process (09:23) - Franchise Ownership Preparation Process (22:23) - Franchise Financial Considerations and Culture (34:25) - Franchise Funding Options and Broker Fees (47:15) - Franchise Semi-Absentee Ownership Considerations (53:54) - Franchising as Business Ownership Opportunities Check out the @NationalFranchiseShowPodcast here: https://www.youtube.com/@NationalFranchiseShowPodcast Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/ 7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting. https://calendly.com/wes-barefoot/introcallwithwes Connect with Wes: Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/ #Franchise #Franchiseconsultant #Franchisee
In this episode of Acquisitions Anonymous, hosts Heather Endresen, Bill D'Alessandro, Michael Girdley, Mills Snell, and special guest Chelsea Wood from Acquisition Lab take on a unique deal—a Harley-Davidson dealership listed at $8.6 million with $2.1 million in EBITDA. This episode is sponsored by Connor Groce – your go-to franchise consultant, helping prospective owners choose the right franchise and avoid common pitfalls. Connect with Connor's team or attend his Gateway to Franchise Ownership workshop by visiting the link in the show notes. Visit https://www.connorgroce.com/ for more information.They dig into the complexities of owning a franchise dealership, Harley-Davidson's brand challenges with shifting demographics, and whether this iconic brand can attract younger generations or if it's a risky buy in a declining market.Key Highlights:- Generational Shift & Brand Image: The team explores Harley's struggle to maintain its appeal as younger generations show less interest in motorcycles, affecting dealership sales and longevity.- Franchise Dealership Model: Michael explains the razor-and-blade model of franchise dealerships, where profits come more from service, parts, and financing rather than new bike sales.- Buyer Beware: Chelsea warns about the risks for inexperienced buyers, emphasizing the importance of thorough due diligence and questioning why existing franchise owners haven't picked up this dealership.- Industry Dynamics: Bill highlights market shifts in power sports and discusses whether Harley-Davidson's brand has long-term durability or is facing a “falling knife” situation as sales decline.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
In this episode of Acquisitions Anonymous, hosts Heather Endresen, Bill D'Alessandro, Michael Girdley, Mills Snell, and special guest Chelsea Wood from Acquisition Lab take on a unique deal—a Harley-Davidson dealership listed at $8.6 million with $2.1 million in EBITDA. This episode is sponsored by Connor Groce – your go-to franchise consultant, helping prospective owners choose the right franchise and avoid common pitfalls. Connect with Connor's team or attend his Gateway to Franchise Ownership workshop by visiting the link in the show notes. Visit https://www.connorgroce.com/ for more information.They dig into the complexities of owning a franchise dealership, Harley-Davidson's brand challenges with shifting demographics, and whether this iconic brand can attract younger generations or if it's a risky buy in a declining market.Key Highlights:- Generational Shift & Brand Image: The team explores Harley's struggle to maintain its appeal as younger generations show less interest in motorcycles, affecting dealership sales and longevity.- Franchise Dealership Model: Michael explains the razor-and-blade model of franchise dealerships, where profits come more from service, parts, and financing rather than new bike sales.- Buyer Beware: Chelsea warns about the risks for inexperienced buyers, emphasizing the importance of thorough due diligence and questioning why existing franchise owners haven't picked up this dealership.- Industry Dynamics: Bill highlights market shifts in power sports and discusses whether Harley-Davidson's brand has long-term durability or is facing a “falling knife” situation as sales decline.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
Franchise ownership opportunities in the growing senior care industry Learn more at https://www.seniorcareauthority.com/senior-care-franchise-opportunities/senior-care-franchise-for-sale/ Senior Care Authority City: Petaluma Address: 755 Baywood Drive Website: https://www.seniorcareauthority.com Email: mmarston@seniorcareauthority.com
Journey with me through Fidel De La O's transition from corporate refugee into franchise ownership. After suffering an AI-induced forced retirement, Fidel was eager to align with a recognized brand. Surprising himself, Fidel and his wife opted to select an emerging brand. Fidel's experience is a rollercoaster of revelation. Just when you thought you knew where the story was headed, a hurricane in Florida throws in a curveball, proving that the road to franchise success is filled with surprises. Marissa Kochnover, the Director of Development for sugaringLA, joins the conversation to describe how to conduct a thorough franchise investigation. Stay tuned to unlock the secrets of how to thrive in the franchise world.
Have you ever considered owning a franchise, but didn't know how to get started? Meet Adam Goldman. Adam is a franchise coach and franchise owner himself that has worked on all sides of this area of business. We discuss what is the right area of business for you to consider as a franchise, how much you should be prepared to invest, and what experience do you need to get started. Connect with Adam at www.franchisecoach.net for a free consultation session. Kirsten Flory is the President & CEO of Foundations Commercial Real Estate. #buildingsuccess
This episode of Acquisitions Anonymous features a rerun of one of the podcast's most interesting interviews with The Wolf of Franchises. The hosts explore common misconceptions about franchising, shedding light on the intricacies of franchise ownership, investment, and growth.Episode Highlight:The Wolf of Franchises discusses the benefits and challenges of owning franchises, emphasizing how this can be a lucrative path for those not interested in starting from scratch.Key takeaways include how large multi-unit franchise owners scale their businesses and live off cash flow or profits from sales.Key Points:Who is the Guest?The Wolf of Franchises is a well-known Twitter personality and expert in the franchising space. With seven years of experience in the industry, he worked for a multi-unit owner group and then transitioned to a franchise investment firm.Main Topic - Franchising as a Business Model:Franchising offers an entry point for those interested in business ownership without building a company from the ground up.There's transparency in franchise financials, thanks to disclosure documents, but the industry is often misunderstood.Challenges and Misconceptions:Not all franchises are equally profitable; there's a distinction between the top-performing ones (e.g., McDonald's, Orange Theory) and lower-tier brands (e.g., Subway, Curves).The scalability of franchises offers opportunities for those interested in owning multiple locations, but there are risks involved, including potential long payback periods for mediocre brands.Franchising Success Tips:Due diligence is essential when selecting a franchise. There are over 3,000 brands, but only a small percentage are highly profitable.Multi-unit ownership is often the key to generating life-changing income. Starting with one franchise and scaling over time is a proven strategy.Why You Should Listen:This episode is packed with insights for aspiring entrepreneurs or investors curious about the franchise model. Whether you're considering opening a franchise or investing in one, the episode offers valuable advice on how to assess potential opportunities and avoid pitfalls.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
This episode of Acquisitions Anonymous features a rerun of one of the podcast's most interesting interviews with The Wolf of Franchises. The hosts explore common misconceptions about franchising, shedding light on the intricacies of franchise ownership, investment, and growth.Episode Highlight:The Wolf of Franchises discusses the benefits and challenges of owning franchises, emphasizing how this can be a lucrative path for those not interested in starting from scratch.Key takeaways include how large multi-unit franchise owners scale their businesses and live off cash flow or profits from sales.Key Points:Who is the Guest?The Wolf of Franchises is a well-known Twitter personality and expert in the franchising space. With seven years of experience in the industry, he worked for a multi-unit owner group and then transitioned to a franchise investment firm.Main Topic - Franchising as a Business Model:Franchising offers an entry point for those interested in business ownership without building a company from the ground up.There's transparency in franchise financials, thanks to disclosure documents, but the industry is often misunderstood.Challenges and Misconceptions:Not all franchises are equally profitable; there's a distinction between the top-performing ones (e.g., McDonald's, Orange Theory) and lower-tier brands (e.g., Subway, Curves).The scalability of franchises offers opportunities for those interested in owning multiple locations, but there are risks involved, including potential long payback periods for mediocre brands.Franchising Success Tips:Due diligence is essential when selecting a franchise. There are over 3,000 brands, but only a small percentage are highly profitable.Multi-unit ownership is often the key to generating life-changing income. Starting with one franchise and scaling over time is a proven strategy.Why You Should Listen:This episode is packed with insights for aspiring entrepreneurs or investors curious about the franchise model. Whether you're considering opening a franchise or investing in one, the episode offers valuable advice on how to assess potential opportunities and avoid pitfalls.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com
When evaluating a franchise, many entrepreneurs struggle to figure out where to begin. Selecting the right opportunity isn't just about brand recognition or financial potential—it's about understanding the key factors that can make or break your success as a franchisee. Franchise ownership can be a lucrative path, but making an informed choice requires insight into how different franchise systems work, what support structures are in place, and how those align with your personal and financial goals. Turp Ricketts, President of Franchise Development at HorsePower Brands, emphasizes that one of the most important steps in evaluating a franchise is examining the level of support offered by the franchisor. While brand power may seem attractive, the long-term success of franchisees often depends on the resources available to them. HorsePower Brands, for example, provides call center support, tailored financing programs, and national partnerships that enable franchise owners to focus on growing their business, rather than getting bogged down by administrative tasks. This kind of support is often an overlooked yet critical aspect when determining the true value of a franchise system. Another critical factor is understanding the scalability of the franchise. A strong franchise system provides not only the initial tools for success but also offers pathways for long-term growth. Ricketts points out that evaluating a franchise means understanding how well it can adapt to market changes, whether through innovative marketing strategies or providing the technology and infrastructure that franchisees need to stay competitive. Whether the franchise involves home services or another industry, the ability to expand and scale your business is something that must be factored into the decision-making process. An often-understated element when evaluating a franchise is the franchisee's own ability to execute. While the franchise system can provide all the necessary tools, it ultimately comes down to whether the owner can effectively manage teams, sales processes, and customer relationships. Personal accountability and execution are key to making any franchise investment worthwhile. Many entrepreneurs mistakenly think the franchisor will handle everything for them. While strong systems are crucial, success requires a hands-on approach and the ability to adapt to the demands of the local market. It's also important to assess how well the franchise system addresses common business challenges, particularly in areas such as marketing, staffing, and customer acquisition. One of the most common hurdles franchisees face is balancing the support from the national brand with localized efforts. Franchisees often expect the franchisor to drive all the business through national marketing efforts, but real success happens when owners take personal responsibility for local marketing and building relationships within their community. The ability to combine both local and national marketing strategies is often the key to standing out in a competitive market and avoiding becoming just another commodity. Evaluating a franchise also involves a deep dive into the culture of the franchise system. Ricketts emphasizes the importance of ensuring that the franchise culture aligns with the personal values and leadership style of the prospective franchisee. This can be a key predictor of long-term success. Understanding the culture also means looking at how well the franchisor listens to and supports its franchisees. Is there a collaborative environment where franchisees can share insights and solutions? A franchise system that fosters open communication and continuous improvement can provide a competitive edge in the marketplace. Watch the full episode on YouTube. For anyone looking to evaluate a franchise, it's clear that success lies in more than just selecting a well-known brand. Thoroughly understanding the support structures, scalability, market strategy, and culture of the franchise system are all essential to making the right investment decision. A franchise can be a powerful vehicle for financial growth, but it requires careful consideration of both the franchisor's offerings and your own ability to execute. If you're ready to gain more valuable insights and tools to help grow your business, make sure not to miss the weekly Fordify LIVE! sessions. Join Ford Saeks every Wednesday at 11 AM Central on your favorite social platforms, and don't forget to catch The Business Growth Show Podcast every Thursday for actionable strategies to accelerate your business growth. About Turp Ricketts: Turp Ricketts is the President of Franchise Development at HorsePower Brands, a portfolio company specializing in home services franchises. With a diverse background in finance and franchise operations, Turp plays a pivotal role in overseeing the growth and expansion of HorsePower's franchise network. His expertise in developing customized financial programs and building scalable franchise systems has helped numerous franchise owners navigate the complexities of business ownership. Turp's career began in the janitorial sector, working with master franchise owners, before moving into franchise finance. His ability to design tailored financing solutions for well-known brands like Domino's and Little Caesars set the stage for his current role at HorsePower Brands. As a key member of the leadership team, Turp is dedicated to providing franchisees with the tools and resources needed to succeed, from call center support to financing and national partnerships. His passion for empowering entrepreneurs and his extensive experience in both the finance and franchising sectors make him a trusted authority in franchise development. Learn more about HorsePower Brands at HorsePowerBrands.com. About Ford Saeks: Ford Saeks is a Business Growth Accelerator with over two decades of experience, known for redefining success and generating over a billion dollars in sales globally. As the President and CEO of Prime Concepts Group, Inc., Ford specializes in helping businesses attract repeat customers, boost brand awareness, and drive innovation. With a relentless entrepreneurial spirit, Ford has founded more than ten companies, authored five books, and holds three U.S. patents. His impact extends to AI prompt engineering, where he is recognized for his ability to train AI to produce engaging, results-driven content. A featured speaker at the "Unleash AI for Business Summit," Ford demonstrated how AI, including tools like ChatGPT, is transforming business operations, marketing, and customer experience. Learn more about Ford Saeks at ProfitRichResults.com and watch his TV show at Fordify.tv.
Looking to make a meaningful impact in your community while owning a successful business? Senior Care Authority, a leader in assisted living placement and eldercare advocacy, (1-888-676-2363), is offering franchise opportunities with affordable investment costs and comprehensive support. Learn more at https://www.seniorcareauthority.com/senior-care-franchise-opportunities. Senior Care Authority City: Petaluma Address: 755 Baywood Drive Website: https://www.seniorcareauthority.com Email: mmarston@seniorcareauthority.com
Kim Daly, one of America's top franchise consultants, breaks down the world of franchising, explaining how it offers a proven path to business ownership without needing an MBA or years of experience. She shares the advantages of buying into a franchise, including access to a tested business model and ongoing support, making it a safer option than starting from scratch. Kim also discusses the types of people who thrive in franchising and the common mistakes to avoid. Whether you're at a career crossroads or looking for an alternative investment, you'll get insights into how franchising can be a path to financial freedom. Chapters: 00:00:00 - Why Franchising Is the Best Shortcut to Success 00:01:00 - Meet Kim Daly, The Franchise Myth-Buster 00:02:59 - The Big Question: Why Choose a Franchise? 00:04:20 - The Realities of Franchise Ownership 00:12:01 - The Role of a Franchise Consultant: What You Need to Know 00:19:24 - Franchise Fees Explained: Myths and Realities 00:29:42 - The Top Secrets for Franchisee Success 00:30:59 - How Personal Development Leads to Business Success 00:32:03 - Why Prospecting is the Gas in Your Franchise Engine 00:34:33 - Attitude Is Everything: How to Grow Your Franchise 00:37:31 - What Franchise Ownership Really Looks Like 00:39:20 - The Z Suite: A New Era in Franchisee Coaching 00:48:09 - Why Fun is Key to Business Success 00:52:20 - What True Wealth Means in Franchising 00:54:27 - How to Connect with Kim and Get Started Connect with Kim here: Kim on LinkedIn Create Wealth Through Franchising Podcast Kim on YouTube Kim on Instagram Kim on Facebook Book Recommendations: This Thing Called You by Ernest Holmes The Strangest Secret by Earl Nightingale Think and Grow Rich by Napoleon Hill Connect with The Better Than Rich: Get Your Free Delegation Plan - Better Than Rich BTR Mini-Course Website Facebook Instagram Twitter TikTok
On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Jeff Schubert. Jeff is the owner of three local franchises of Budget Blinds. Budget Blinds offers a wide range of innovative and stylish cordless and motorized window covering solutions. In this episode, Jeff and Mike discuss the many different facets of owning a franchise. This episode provides an overview of business franchising, how it works, and many of the advantages of franchising. Topics include: franchising vs. owning a business, tax incentives of a franchise, franchise flexibility and freedoms, and prior experience needed. For more information on Menninger & Associates Financial Planning visit https://maaplanning.com
Unlock the secrets to achieving time freedom and financial independence through franchise ownership with franchising expert Wes Barefoot. Discover how Wes transitioned from a Fortune 500 employee to a thriving franchise owner and consultant, navigating the uncertainties of job loss and turning them into opportunities for entrepreneurship. Wes shares the pivotal moments of his journey, shedding light on the misconceptions of franchise ownership and offering a structured path for those looking to escape the W2 grind. Gain a deeper understanding of the active role required in franchise ownership. Uncover the essential skills needed in team building, management, and the initial dedication required to establish a successful franchise. Wes provides valuable insights into selecting a franchise that aligns with your strengths and lifestyle, emphasizing that this business model isn't just for fast food chains, but a viable option for individuals from diverse professional backgrounds—including those transitioning from corporate roles to entrepreneurship. Navigate the financial landscape of franchising with our exploration of various funding options. Learn about SBA loans, Rollover for Business Startups (ROBS), and other methods to make your franchise dreams a reality. Wes shares his expertise on choosing the right franchise, the role of experienced consultants, and the importance of balancing financial gains with the ultimate reward of entrepreneurship: the freedom it provides both financially and in terms of lifestyle. Tune in to hear firsthand how you can achieve business ownership success and maintain a balanced life. TIMESTAMPS: (00:01) Franchising Strategies and Tactics (10:28) Franchise Ownership (14:10) Franchise Investment Opportunities (19:36) Funding Options for Franchise Ownership (34:11) Understanding Franchise Ownership Process (40:47) Achieving Business Ownership Success Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/ 7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting. https://calendly.com/wes-barefoot/introcallwithwes Connect with Wes: Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/ #Franchising #entrepreneurship
How Does The NFL Operate Like A Franchise? In this episode of On the Homefront, Jeff Dudan breaks down the NFL's business model and explores why it's considered a franchise. We all know the NFL as a sports league, but it's much more than that. From revenue sharing to standardization, discover how the NFL operates like a franchise, driving success for all 32 teams. Jeff uncovers the intricate system that makes the NFL one of the most successful franchises in the world. Whether you're a football fan or a business enthusiast, this episode is packed with insights on what makes the NFL a winning franchise model. Spoiler alert: It's more than just touchdowns and Super Bowl rings. Tune in to learn: 00:00 - Intro: Welcome to On the Homefront 00:25 - What Does it Mean for the NFL to Be a Franchise? 01:10 - The NFL's League Structure and Franchise Ownership 02:05 - Revenue Sharing: The Key to Competitive Balance 02:55 - The Power of the NFL Brand and Marketing 03:45 - Standardization and Uniformity Across Teams 04:30 - NFL's Growth and Expansion Strategy 05:20 - The NFL Draft: A Unique Recruitment System 06:00 - Conclusion: The NFL's Business Model for Success
How Does The NFL Operate Like A Franchise? In this episode of On the Homefront, Jeff Dudan breaks down the NFL's business model and explores why it's considered a franchise. We all know the NFL as a sports league, but it's much more than that. From revenue sharing to standardization, discover how the NFL operates like a franchise, driving success for all 32 teams. Jeff uncovers the intricate system that makes the NFL one of the most successful franchises in the world. Whether you're a football fan or a business enthusiast, this episode is packed with insights on what makes the NFL a winning franchise model. Spoiler alert: It's more than just touchdowns and Super Bowl rings. Tune in to learn: 00:00 - Intro: Welcome to On the Homefront 00:25 - What Does it Mean for the NFL to Be a Franchise? 01:10 - The NFL's League Structure and Franchise Ownership 02:05 - Revenue Sharing: The Key to Competitive Balance 02:55 - The Power of the NFL Brand and Marketing 03:45 - Standardization and Uniformity Across Teams 04:30 - NFL's Growth and Expansion Strategy 05:20 - The NFL Draft: A Unique Recruitment System 06:00 - Conclusion: The NFL's Business Model for Success
Do you know what a franchisee is thinking when they buy a franchise? Or maybe you should have a better idea than you do? If you are franchising your business, thinking about franchising your business, or in franchise sales, this episode is for you.Our guest today is Adrienne Sienkowski, and she shares with us the journey and she and her husband have been on from buying a franchise to opening and operating. TODAY'S WIN-WIN: If you're on the fence, and you want to do it, you eventually need to take that step or just go for it. LINKS FROM THE EPISODE:You can visit our guest's website at: https://imagestudios360.com/alpharetta/Attend our Franchise Sales Training Workshop: https://bigskyfranchiseteam.com/franchisesalestraining/If you are ready to franchise your business or take it to the next level: CLICK HERE.Connect with our guest on social:https://www.instagram.com/imagestudios_alpharetta/ABOUT OUR GUEST:Adrienne comes from a family of entrepreneurs. Her great-grandfather opened a small community grocery store during the Great Depression in Hartsville, South Carolina. Her grandfather started a USDA-approved meat processing plant and organic farm during the height of the Civil Rights era. His company went on to become one of the first 8(a) certified businesses in South Carolina. Continuing on the entrepreneur path, her father, Dr. Louis B. Lynn, a former R&D executive at Monsanto, went on to open the largest minority-owned Commercial Landscape and Construction company in South Carolina. To say that small business holds a special place in Adrienne's heart is an understatement.Adrienne started her career in Corporate at Sonoco Products Company as a Sales Associate. She then went on to utilize her Packaging degree as Research Engineer at Sonoco headquarters working on the iconic Pringles and Pillsbury brands. Adrienne continued her career at Campbell Soup Company where she progressively moved up in Packaging positions with key development and leadership roles focused on packaging improvements, cost savings, and production line efficiency improvements. She holds multiple patents in packaging and process improvements from her tenures at Sonoco and Campbell Soup Company.When her husband, Philip, had a career opportunity to relocate from Philadelphia to Georgia, Adrienne joined ENVIRO AgScienceas Chief Operations Officer, the company her father founded in 1985. There she learned the nuances and challenges between Fortune 500 companies and small businesses. To open the inaugural IMAGE Studios in Georgia will allow Adrienne to continue in the same robust entrepreneur spirit that has run in her family for four generations. Adrienne holds a degree in Packaging from Clemson University. She currently serves as Chair of the Clemson University Board of Visitors and is an active member of her kids PTA. ABOUT BIG SKY FRANCHISE TEAM:This episode is powered by Big Sky Franchise Team. If you are ready to talk about franchising your business you can schedule your free, no-obligation, franchise consultation online at: https://bigskyfranchiseteam.com/ or by calling Big Sky Franchise Team at: 855-824-4759.
Linda Schaeffer has been a franchise owner three times in her life, placing her in the shoes of a prospective franchise owner. As a successful businesswoman and owner of a boutique business, never considered writing a book, but realized that she wanted to share her story as a legacy for her daughter, daughter-in-law, and granddaughters. You can learn more about Linda at Franchise-Advisors.com. For a limited time, you can purchase Linda's book, "Live the Life You love: Empowering Women through Franchise Ownership" directly from the publisher for only $6.99, instead of $12.99 HERE. If you prefer a digital copy, you can grab yours from Amazon for only $.99, for a limited time.
In this episode, Cliff Kennedy (https://x.com/CliffKennedy_3) shares his journey of transforming Frios Gourmet Pops into a thriving franchise that delivers happiness through popsicles. You will learn how he expanded the business from 18 to 111 territories in just five years, highlighting the strategic decisions and community engagement that fueled this growth.Additionally, Cliff's personal stories, including how he was inspired to buy the business and the impact of bringing joy to his customers, add a heartfelt dimension to the conversation. This episode is packed with practical tips and inspirational anecdotes, making it a must-listen for anyone interested in franchising, business growth, and the power of a simple, joyful product.Here are some questions this episode answers:- How can a unique idea and a strong sense of purpose transform a small business into a 111-territory franchise in five years?- What are the key steps to expanding a small business from 18 to 111 territories in five years?- How can an unexpected inspiration lead to generating $200k+ in annual revenue from a single franchise territory?- What are the benefits and challenges of transitioning from 20 brick-and-mortar locations to a mobile, event-based business model with over 70 franchisees?- How does maintaining a strong company culture contribute to selling 20 new franchises year-to-date?https://friospops.com/00:54 Introduction to Nikonomics and Cliff Kennedy01:39 The Birth and Growth of Frios Gourmet Pops02:35 The Franchise Model and Business Operations04:47 Cliff's Personal Journey and Family Business08:11 The Emotional Impact of Frios Pops11:55 Franchisee Profiles and Business Potential19:20 Fixed Royalty Model19:47 Franchisee Income Insights20:41 Expanding Franchise Opportunities21:58 Franchise Ownership and Support25:19 Customer Acquisition Strategies26:53 Marketing and Lead Generation28:38 Shipping Challenges29:39 Future Growth Plans30:41 Rapid Fire Questions36:05 Final Thoughts and AdvicePlease LEAVE A REVIEW on any of these platforms:Spotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT
Ready to dive into business ownership? Discover how SBA financing can make franchising a reality for you, even under $150,000!
Today, I'm thrilled to welcome franchise expert Richard Anderson to the show. From driving trucks for Burger King to owning numerous Subway franchises Rich shares his incredible journey and dives deep into the world of franchising to help answer all your questions. Curious about the differences between franchising and licensing or perhaps you want to know why adhering to franchise standards is crucial? Rich provides insightful answers to these questions and more. If you're considering transitioning from a job, creating a steady income stream, or exploring new investment opportunities, this episode is packed with actionable advice on what to look for, how to conduct due diligence, and the financial requirements needed to make your first purchase. Join us for a fascinating discussion on franchises and get ready to take notes!Loral's Takeaway's:Intro (00:00)Subway Franchise Costs (04:46)Marketing Strategies For Subway Franchises (10:15)Franchise Ownership, Diligence Process & Financial Expectations (15:02)Franchising & Financing Options For Businesses (19:52)Connect with Richard:Website: https://franchisesuccesscenter.com/Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast:
Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD
Join us for an enlightening episode where we sit down with Gary, a renowned expert with over 30 years in the Canadian franchising industry. With a wealth of experience on every side of the franchise business table, Gary has bought and managed single, multi-unit, and master franchises, introduced US franchise concepts to Canada, and helped numerous companies become franchisors. As the leader of FranNet, he has guided over 2,000 prospective franchisees in exploring their self-employment options. In this episode, Gary shares insights from his journey, including personal growth and development, recovering from catastrophic loss, and his entrepreneurial experiences. We'll dive into key takeaways from his acclaimed book, “The Unstoppable Franchisee: 7 Drivers of Next-level Growth,” featured in USA Today's Top 10 Business Books To Help You Scale in 2024. Whether you're an aspiring franchisee or a seasoned entrepreneur, Gary's expertise in franchising, business growth, and personal development will provide valuable lessons to help you achieve next-level growth and top performance in your franchise journey. Tune in to gain actionable advice, industry trends, and inspirational stories that will empower you to scale your success in the world of franchising. To check out Gary's book, "The Unstoppable Franchisee: 7 Drivers of Next-level Growth", head on over to Amazon (affiliate): https://amzn.to/3XSKLNO Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: https://financial-freedom-for-physicians.ck.page/b4622e816d Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Join our Patreon Community: https://www.patreon.com/user?u=87512799 Join our Spotify Community: https://podcasters.spotify.com/pod/show/christopher-loo/subscribe Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024
Join us on this episode of the Path to Freedom podcast as we sit down with Drew McWilliams, the co-founder and CEO of IvyBrook Academy. Drew shares the inspiring journey of creating a unique national half-day preschool that caters to parents who stay home but want their children to receive a strong educational foundation and socialization before kindergarten. He recounts the backstory of IvyBrook's founding, inspired by his wife's experience as a first-grade teacher and their mutual recognition of the need for better early education options. Listen in as Drew discusses the benefits and considerations of becoming a franchisee in the preschool business. He explains how investing in a franchise like Ivy Brook can accelerate business success and provide a quicker return on investment compared to starting an independent business. Drew recounts their journey from running successful preschools in Charlotte, North Carolina, to expanding nationally through franchising, challenging the misconception that franchising is limited to fast food chains. In our conversation, we also explore the distinct advantages of IvyBrook's half-day model and its proprietary curriculum. Drew shares compelling stories of how Ivy Brook's educational approach has positively impacted families, highlighting the significant milestone of awarding the 100th franchise location. Additionally, Drew provides insights into his passion for real estate investing and how he balances work and family life, offering valuable lessons for aspiring entrepreneurs. Don't miss this engaging and informative episode with Drew McWilliams! Learn more about IvyBrook Academy here: Website: https://www.ivybrookacademy.com Facebook: https://www.facebook.com/ivybrookacademy Instagram: https://www.instagram.com/ivybrookacademypreschools/ TIMESTAMPS: (00:01) Childcare Franchise Founder Interview (13:20) Franchise Ownership (18:06) Franchise Expansion and Educational Curriculum (32:06) Franchise Model Differentiators (45:19) Real Estate Investing Education and Opportunities (55:54) Franchising Ivy Brook Growth Story Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/ 7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting. https://calendly.com/wes-barefoot/introcallwithwes Connect with Wes: Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/ #Franchise #IvyBrookAcademy #PathToFreedom #Entrepreneur
Unlock the secrets to responsible and accelerated franchise growth with Eric Martin, the Senior Vice President of Franchise Development for Happinest Brands. Join us as Eric takes us through his fascinating transition from college coaching to shaping emerging franchise brands. You'll gain invaluable insights into the mission and strategy behind Happiness Brands and learn how they support service-related franchises, particularly in home services, with a focus on sustainable expansion and mutual respect cultivated over years of industry experience. Navigate the complexities of investing in emerging franchise brands with confidence. Eric breaks down the advantages and risks involved, illuminating how platforms like Happiness Brands mitigate these risks through a blend of local expertise and comprehensive franchising knowledge. Discover the importance of strategic franchisee selection, responsible growth, and the necessity for franchisors to be well-funded. Hear about the innovative expansion of Happinest Brands' portfolio, including the addition of seasonal services like holiday lighting, and how these moves address revenue predictability and employee retention. Get practical advice on scaling your franchise ownership efficiently and strategically. Eric shares his wealth of experience, emphasizing the importance of starting with manageable territories and achieving density in route-based businesses before expanding. Learn the benefits of owning multiple franchise businesses, the critical role of strong support systems, and the value of aligning long-term strategies with franchisors. This episode promises to equip you with the knowledge to not only thrive in franchise ownership but also achieve personal and professional fulfillment through building a successful and sustainable business. Learn more about Happinest Brands here: https://happinest.com/ TIMESTAMPS: (00:01) Franchise Development With Happinest Brands (07:08) Advantages and Risks of Emerging Brands (17:13) Expanding Brands With New Services (25:44) Building Happinest Brands for Growth (33:45) Scaling Franchise Ownership Through Efficiency (43:10) Franchise Ownership Benefits and Considerations (53:32) Franchise Ownership Opportunities and Advantages (01:01:46) Passion and Fulfillment in Franchise Ownership (01:09:03) Neighborly Franchise Growth Success Join the FREE Path To Freedom Facebook Group here: https://www.facebook.com/groups/1634819733719715/ 7 Steps to Owning a Franchise: https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising If you would like to learn more about this particular franchise opportunity or discuss franchise ownership in general - feel free to use the link to my calendar below to schedule a free, no-obligation introductory meeting. https://calendly.com/wes-barefoot/introcallwithwes Connect with Wes: Instagram: https://www.instagram.com/path2frdm/ Facebook: https://www.facebook.com/path2frdm Linkedin: https://www.linkedin.com/in/wesleybarefoot/ #Franchise #HappinestBrands #PathToFreedom #Entrepreneur
Welcome back to another episode of Passive Income Pilots! In this episode, Tait Duryea and Ryan Gibson sit down with Nick Friedman, co-founder of College Hunks Hauling Junk, who appeared on the pilot episode of Shark Tank. Nick shares his journey from starting a small moving and junk removal business in college to building a multi-million dollar franchise. Tune in to learn about the franchising process, the challenges and successes Nick faced, and valuable insights for aspiring franchise owners. Whether you're interested in franchising or simply looking for inspiring entrepreneurial stories, this episode is packed with valuable information.Timestamped Show Notes(00:00) - Welcome and introduction to guest Nick Friedman, co-founder of College Hunks Hauling Junk.(01:21) - Overview of Nick's achievements and his appearance on the pilot episode of Shark Tank.(02:35) - Nick discusses the origins of College Hunks Hauling Junk and the catchy company name.(03:49) - Nick's Shark Tank experience and the unique pitch of College Foxes Packing Boxes.(05:32) - Reflecting on turning down Robert Herjavec's offer and the long-term impact of Shark Tank.(06:19) - Importance of resilience, vision, and mentors in Nick's entrepreneurial journey.(08:15) - Transitioning from self-employed to owning a business and creating scalable systems.(11:51) - Hiring the right people and developing a strong company culture.(14:09) - Embracing failure as a learning opportunity and promoting resilience.(16:05) - Advice for parents fostering an entrepreneurial mindset in children.(18:36) - The challenges of entrepreneurship and the importance of persistence.(20:29) - How pilots can get involved in franchising and the semi-passive nature of franchise ownership.(22:53) - Basic explanation of how franchises work and the responsibilities involved.(24:57) - Success rates of franchising versus starting an independent business.(26:21) - Introduction to FranShares for passive investment in franchises.(28:34) - Recommended resources for learning about franchising, including the IFA.(29:09) - Fun anecdotes from Nick's junk hauling experiences.(31:53) - The importance of a catchy brand name and effective marketing.(33:39) - Unpopular opinions about entrepreneurship and the importance of purpose.(35:16) - Future industry trends and the potential impact of artificial intelligence.(36:52) - Qualities needed for successful franchise ownership and importance of human dynamics.(38:53) - Closing remarks and thanks to Nick Friedman.Referenced MaterialsFranShares.comCollege Hunks Hauling Junk FranchisePurple Cow by Seth Godin---You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com!Join our growing community on FacebookCheck us out on Instagram @PassiveIncomePilotsFollow us on X @IncomePilotsGet our updates on LinkedInHave questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!Legal DisclaimerThe content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group.The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.
Join us on Average Joe Finances as our guest Gregory Mohr shares his personal journey from a high school paper route to becoming a franchise consultant, offers insights on how to get started in franchising, financing options, and the importance of being coachable. He also discusses the benefits of franchises in recession-proof industries and the significance of understanding sales to succeed in entrepreneurship.In this episode:Greg underscores the importance of using past triumphs and experiences in the franchising sphere.Greg's book and concept showcase franchising as an avenue to entrepreneurial freedom and success.Discuss the cost distinction between brick and mortar franchises and service industry franchises. Learn the potential use of franchises to boost pre-existing businesses or initiatives is examined. And so much more!Key Moments:00:04:27 Gregory Mohr's Journey into Franchising00:05:17 The Path to Entrepreneurship and Franchising00:14:37 Understanding the Costs and Benefits of Franchising00:16:44 Real-Life Success Stories in Franchising00:20:12 Financing Your Franchise: Options and Advice00:21:50 Evaluating Franchise Opportunities and Risks00:23:42 Franchise Disclosure and Validation00:23:59 Real Estate Marketing Solutions00:25:02 Podcast and Social Media Services00:25:42 Franchise Research and Success Stories00:26:08 Top Franchises to Consider00:28:07 Recession-Proof Franchise Opportunities00:30:09 Franchise Ownership and Consulting00:37:48 Final Round: Financial Mistakes and LessonsFind Gregory Mohr on on:Website: www.franchisemaven.comLinkedIn: https://www.linkedin.com/in/gregorykmohr/Instagram: https://www.instagram.com/franchisemaven/?hl=enTwitter: https://twitter.com/Franchise_MavenFacebook: https://www.facebook.com/FranchiseMaven/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full eDavid C Barnett Small Business and Deal Making M&A SMBI discuss buying, selling, financing and managing small and medium sized businesses...Listen on: Apple Podcasts Spotify FranchiseU!FranchiseU! is for those in, or considering, careers within the world of franchising. Listen on: Apple Podcasts SpotifySupport the Show.
In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks to a Franchise Consultant, Author and Founder of Your Franchise Fast Pass, Liz Leonard. Liz Leonard presents a realistic perspective and deep expertise to those interested in franchise ownership. She shares insights and lessons from her conversation with a journalist, offering potential game-changers for aspiring franchisees.Liz's journey from education to franchise industry ownership is intriguing and informative. Her background in education uniquely prepared her for the complexities of business and franchise management. Liz discussed her experiences with franchise ownership, which sharpened her business skills and fueled her desire to mentor others navigating the intricate process of owning a franchise.A significant focus of the conversation was Liz's book, "Your Franchise Fast Pass”. More than a mere publication, this book provides a comprehensive guide for prospective entrepreneurs to identify their ideal franchise venture. Liz emphasized the critical importance of detailed research and careful evaluation of franchise opportunities, underlining that such decisions should always be made with time. Her book is essential for those prepared to begin their franchising journey.Key Points from the Episode:Liz Leonard's background in the franchise industryInsights into the franchise industry and trendsLiz's approach to helping individuals explore franchise ownershipLiz's transition from education to the franchise worldThe content and purpose of Liz's book, "Your Franchise Fast Pass"Importance of thorough investigation and evaluation in franchise opportunitiesLiz's engagement process and the support she providesReal-life stories of successful and unsuccessful franchise ownershipBenefits of franchising, including risk mitigation and leveraging proven track recordsValuable information for anyone considering franchise ownershipAbout Liz Leonard:Liz Leonard is a recognized expert in the franchising industry, having established herself as a Franchise Advisor after a successful stint in corporate America. She authored "Your Franchise Fast Pass: Your Guide to Finding Your Ideal Business," drawing from her experiences in founding, operating, and selling her own business before venturing into franchise ownership. Since 2014, Liz has been guiding aspiring entrepreneurs through the complexities of finding and acquiring franchises that align with their personal goals and lifestyles.Her commitment extends beyond mere business matching; Liz is focused on enabling individuals to build wealth and attain entrepreneurial success through tailored franchise opportunities. As a speaker, she shares her insights and strategies, influencing a broad audience that includes industry novices and seasoned entrepreneurs. Liz's approach is informed by her journey and achievements in the franchise world, making her a pivotal figure for those looking to navigate the path of entrepreneurship through franchising.About Your Franchise Fast Pass:"Your Franchise Fast Pass" is a comprehensive guide designed to simplify the complex world of franchising for aspiring entrepreneurs. Authored by seasoned Franchise Advisor Liz Leonard, this step-by-step guide offers a structured approach to finding and securing the ideal franchise opportunity. It is a crucial resource, providing free expert guidance, effective franchise matchmaking, and a unique FranchisEEE Education Portal. The book is tailored to help readers understand their options and
In this episode of Franchising 101 podcast, Tim Parmeter discusses the reasons why some individuals do not pursue franchise ownership despite considering it. Listen in to learn more about the misconceptions surrounding financial barriers and the critical importance of self-awareness, decision-making, and resilience required to thrive as a franchise owner. Also, discussed are the key factors that determine whether franchise ownership is the right path for you. WANT TO KNOW MORE? Go ahead: Schedule a call with one of our franchise coaches! LINKS AND RESOURCES MENTIONED: Express Employment Professionals website https://www.expresspros.com/ Schedule a call with FranCoach https://info.francoach.net/meetings/schedule-call/connect Franchising 101 podcast website with a library of past episodes http://franchising101.net/ Learn more about Conserva Irrigation https://www.conservairrigation.com/ Visit Entreprenuer.com for a wealth of information for people just like you! https://www.entrepreneur.com/ Franchising News https://www.franchisingnews.net/ INTERESTED IN FRANCHISE OWNERSHIP? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at https://www.francoach.net/ Interested in sponsoring the podcast? Contact us at info@francoach.net FOLLOW FRANCOACH: Instagram @yourfrancoach https://www.instagram.com/yourfrancoach/ and @franchising101podcast https://www.instagram.com/franchising101podcast/ Twitter: @FranCoach4U https://twitter.com/FranCoach4U Facebook: https://www.facebook.com/francoach4u/ YouTube: https://www.youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ