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Topic: Women in Franchising October 2020 Broadcast Date: October 15th, 2020 Broadcast Time : 5:00p EST / 4:00p CST / 3:00p MST /2:00p PST Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville and co-host Fred McMurray, CEO of Westvyne, as they discuss women in franchising, how to be successful at find a franchise financing solution, purchasing, developing, expanding and selling your franchise. We will ask the always popular Down the Rabbit hole question as well as giving back to the community and transferring the opportunity to someone else. We will discuss Women in Franchising October 2020 – Updates from female franchising professionals that are making a difference in October 2020 Our Guests: Andrea Mundie, CEO of skoah Kristin Selmeczy, Owner of Molly Maid Bloomingdale Elizabeth Denham – Publisher The Franchise Woman Magazine Michele Rempel – Founder and Managing Partner of Westvyne Carolyn Thurston – Wisdom Senior Care Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive free copy of The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise Sponsored in part by Westvyne LLC, MOLLY MAID of Aurora-Naperville Area and The Franchise Woman
Topic: Just Let Me Do It Commercial Services! Franchise - July 2nd Broadcast Date: July 2nd , 2020 Broadcast Time : 5:00p EST / 4:00p CST / 3:00p MST /2:00p PST Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville and co-host Elizabeth Denham, CEO of The Franchise Women as they discuss the healthy industry trends in the fast casual food industry, also we will discuss what it takes to be successful at find a franchise financing solution, purchasing, developing, expanding and selling your franchise. Fred McMurray, CEO of Westvyne will take everyone Down the Rabbit hole. Our special WomanSplaining co-host is Michele Rempel, CEO of Westvyne. The Pillars team will discuss Just Let Me Do It Commercial Services! Franchise focused on works with retail stores and restaurants doing repair work and remodels with our guest: Colleen Pyle – CEO of Just Let Me Do It Commercial Services! Franchise Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive free VR gear and a copy of The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise. https://www.pillarsoffranchising.com/buying-franchise-mba/ offer ending soon. Listen to past episodes. https://www.pillarsoffranchising.com.
Topic: Modern Market Eatery focused on nourishing lives Broadcast Date: June 25th , 2020 Broadcast Time : 5:00p EST / 4:00p CST / 3:00p MST /2:00p PST Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville and co-host Elizabeth Denham, CEO of The Franchise Women as they discuss the healthy industry trends in the fast casual food industry, also we will discuss what it takes to be successful at find a franchise financing solution, purchasing, developing, expanding and selling your franchise. Fred McMurray, CEO of Westvyne will take everyone Down the Rabbit hole. The Pillars team will discuss Modern Market Eatery focused on nourishing lives and restaurant portfolios with our guest: Renee Israel – Chief Franchise Officer of Modern Market Eatery Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive free VR gear and a copy of The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise. https://www.pillarsoffranchising.com/buying-franchise-mba/ Listen to past episodes. https://www.pillarsoffranchising.com.
Topic: Lash Lounge - An Industry Revolution Broadcast Date: June 11th , 2020 Broadcast Time : 5:00p EST / 4:00p CST / 3:00p MST /2:00p PST Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray, CEO of Westvyne and co-host Elizabeth Denham, CEO of The Franchise Women as they discuss how to be successful at find a franchise financing solution, purchasing, developing, expanding and selling your franchise. will take everyone Down the Rabbit hole question. Guest: Meg Roberts, CFE – CEO & President of The Lash Lounge WomanSplaining Co-host: Kristin Selmeczy, Female Business Warrior Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive free VR gear and a copy of The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise. https://www.pillarsoffranchising.com/buying-franchise-mba/ Listen to past episodes. https://www.pillarsoffranchising.com.
Topic: The Franchise Woman - Franchising for the Female Entrepreneur Broadcast Date: December 19th, 2019 at 5:00p Est/4:00P Cen/3:00p Mtn/2:00p Pac Each week host Ray Pillar, Owner of Molly Maid Aurora-Naperville, Jill Abrahamsen, CEO of Jobsite Image and co-host Fred McMurray of Westvyne discuss women in franchising, franchise development, financing, franchise accounting, purchasing, growing your business, brand positioning, expanding your business concepts, hotel marketing, legal issues, complementary branding, expanding and planning an out strategy for your business with our guest. and call in/chat listeners This week join Ray, Jill & Fred as they discuss leadership and entrepreneurship, franchise industry updates, which franchises are hot and aren't, ongoing business relationship, and which franchises are the funnest. What is The Franchise Woman perspective on franchising in 2020 with our guest: Elizabeth Denham- CEO of the Franchise Woman Special Womansplaining cohost - Jill Abrahamsen Watch the video on Facebook, YouTube and Periscope Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive a free copy of the Franchise MBA! Sponsored in part by The Franchise Consulting Company, Westvyne LLC, MOLLY MAID of Aurora-Naperville Area Thanks to Nick Neonakis and Mike Boehler for making this show possible.
Topic: Buds Place Cannabis social consumption lounge coming to a location near you. Where you meet friends to enjoy cannabis. Broadcast Date: October 31st, 2019 at 5:00p Est/4:00P Cen/3:00p Mtn/2:00p Pac. Join co-hosts Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray of Westvyne and Rebecca Monet of Zoracle Profiles as they discuss Buds Place cannabis enjoyment centers coming to locations near you with Ron Silberstein CEO Bud's Place, Chief Value Adder of Alron Group LLC. We discuss the legal, cultural, family, operational, marketing, HR, governmental, support, training, mentoring and financing issues of owning a franchise with Ron. Our Guests: Ron Silberstein, CEO Bud's Place, Chief Value Adder of Alron Group LLC Watch the video on Facebook, YouTube and Periscope Chat live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Co-hosts, Rebecca Monet womansplainer to Ray and Fred. Listen to past episodes Interested in buying a franchise? Complete the form and receive a free copy of the Franchise MBA!
Topic: Buying a Cannabis franchise - One Cannabis isn't blowing smoke. Broadcast Date: Sepetmber th, 2019 at 5:00p Est/4:00P Cen/3:00p Mtn/2:00p Pac. Join co-hosts Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray of Westvyne and Holly A Ford of Zarian Firm International as they discuss Buying a Cannabis franchise - One Cannabis isn't blowing smoke with Justin Livingston, VP of Franchise Development at ONE Cannabis Group. We discuss the legal, banking, operational, marketing, HR, governmental, support, training, mentoring and financing issues of owning a cannabis franchise with Justin Livingston. Our Guests: Justin Livingston, VP of Franchise Development at ONE Cannabis Chat live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. We will be broadcasting live video on Youtube, Facebook, FC2 Live and hopefully Periscope Co-hosts, Holly A Ford womansplainer to Ray and Fred. Listen to past episodes Interested in buying a franchise? Complete the form and receive a free copy of the Franchise MBA! Sponsored by The Franchise Consulting Company, Westvyne LLC, Zarian Firm International, MOLLY MAID of Aurora-Naperville Area.
Topic: Women in Business July 2019! What has been the biggest surprise of your professional career? Broadcast Date: July 18th, 2019 at 5:00p Est/4:00P Cen/3:00p Mtn/2:00p Pac Join co-hosts Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray of Westvyne and Holly A Ford of Zarian Firm International, they discuss the surprises woman in business have had during their professional career. Holly will womansplain to Ray and Fred and our male listeners what it is like being a woman in business. Call in with your “surprises” at 323-589-5755. Our Women in Business July 2019 guests: Rebecca Monet - Zoracles Profiles Kristin Selmeczy - Owner, Molly Maid of Bloomingdale Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive a free copy of the Franchise MBA! Sponsored in part by The Franchise Consulting Company, Westvyne LLC, Zarian Firm International, MOLLY MAID of Aurora-Naperville Area, The Great American Franchise Expo Thanks to Nick Neonakis and Mike Boehler for making this show possible.
Topic: Startup franchisor, Discussing the franchising process with Super Joe Pardo. What are the Issues & Opportunities of becoming a Franchisor? Broadcast Date: June 6th, 2019 at 5:00p Est/4:00P Cen/3:00p Mtn/2:00p Pac Join co-hosts Ray Pillar, Owner of Molly Maid Aurora-Naperville, Fred McMurray of Westvyne and Holly A Ford of Zarian Firm International as they discuss becoming a franchisor and all of the associated opportunities, problems and people with Super Joe Pardo Business Coach, Award Winning Podcastor, Startup Franchisor Our Guest: Super Joe Pardo, Business Coach, Award Winning Podcastor, Startup Franchisor. Chat live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Interested in buying a franchise? Complete the form and receive a free copy of the Franchise MBA! Sponsored by The Franchise Consulting Company, Westvyne LLC, Zarian Firm International, MOLLY MAID of Aurora-Naperville Area, The Great American Franchise Expo Thanks to Nick Neonakis and Mike Boehler for making this show possible.
"While franchising’s prevalence in the U.S. economy indicates that franchisees can succeed, hundreds of franchisees fail each year. The most frequent causes: lack of funds, poor people skills, reluctance to follow the formula, a mismatch between franchisee and the business, and poor management. Often, it’s the small stuff that separates winners from losers." - WSJ.com This week on Franchising & You, long-time franchise veteran and entrepreneur, Stuart Williams talks about things franchisees should not only be prepared to do, but committed to do to give themselves every chance possible for success. Franchisees must do their part to help build the right culture while also following through on their passion for the brand, adequate capitalization, conformity to systems and involvement in the franchise family. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends Financial, Spadea Lignana and Retail Solutions.
Returning as a guest to Franchising & You is Holly A Ford, Entrepreneur, Executive Franchise Broker, Radio Host and Author. Fresh on the heels of the recent publication of her best-selling book, Create Your Own Wealth, a Collection of 2-Minute Topics on Franchising, Holly shares her goals and objectives around the book's development along with the motivating factors that led her to 'putting her thoughts down on paper.' The book's Table of Contents is like no other with riveting chapters including, World Domination - Creating Wealth through Franchise Expansion, We are the World - The Social Entrepreneur, and Diamond in the Rough - Why Invest in an Unprofitable Business. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends Financial, Spadea Lignana and Retail Solutions.
"When the IFPG trains new Franchise Consultants, we always instruct them to take the next step in their career by making the wise investment of time and effort into getting their CFE asap" - Red Bowell, President of International Franchise professionals Group (IFPG) This week on Franchising & You, newly appointed president of the International Franchise Professionals Group, Red Boswell is our guest. Based upon his insight from his experience working with third-party sellers, Red shares his perspective on how candidates can greatly benefit by understanding the value of the Franchisor / Franchise Consultant relationship. Red also provides input on the growing home-based sector of franchising and how the Franchise Consultant helps close the gap often filled by the candidate's lack of personal experience with the brand. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends Financial, Spadea Lignana and Retail Solutions.
This week on Franchising & You the discussion focuses on doing what it takes to achieve self-sufficiency when transitioning into Career 2.0. Our guest is Terry Powell, Visionary Founder of The Entrepreneur's Source, North America's leading alternative career coaching franchise. Terry shares his extensive experience coaching thousands of individuals toward owning their desired outcome - Income, Lifestyle, Wealth & Equity. Providing insight that it may be time to take control of your professional life by creating Your Career 2.0, taking a deep dive into owning your own business, Terry is proud of his long-standing process that has led to approximately 95% of The Entrepreneur's Source clients choosing business ownership options they admittedly would have never looked at on their own, or had thought of, and had prematurely dismissed. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends Financial, Spadea Lignana and Retail Solutions.
"While franchising’s prevalence in the U.S. economy indicates that franchisees can succeed, hundreds of franchisees fail each year. The most frequent causes: lack of funds, poor people skills, reluctance to follow the formula, a mismatch between franchisee and the business, and poor management. Often, it’s the small stuff that separates winners from losers." - WSJ.com This week on Franchising & You, long-time franchise veteran and entrepreneur, Stuart Williams talks about things franchisees should not only be prepared to do, but committed to do to give themselves every chance possible for success. Franchisees must do their part to help build the right culture while also following through on their passion for the brand, adequate capitalization, conformity to systems and involvement in the franchise family. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends Financial, Spadea Lignana and Retail Solutions.
Of all the choices you make when starting a business, one of the most important is the type of legal structure you select for your company. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money. This week on Franchising & You our guest is Tom Spadea, Franchise Attorney and Partner at Spadea Lignana. Tom discusses various entity structures for operating a franchise business including options for multi-unit and area development. Tapping into his experience as both an attorney and entrepreneur, Tom shares his perspective on the legal entity's potential impact on a franchise business beyond it's legal structure. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends, Spadea Lignana and Retail Solutions.
As commonplace as it has become in purchasing a business or franchise, funding continues to be a challenging experience. As such, it's important to understand there are options and some often overlooked as being incorrectly perceived as unavailable. The most common is to use retirement funds without concern of taxes and penalties. The key is working with a professional to help navigate the process. This week on Franchising & You our guest is Matt Trivelis, Senior Consultant at Benetrends Financial. Matt takes listeners through the process of using retirement funds to enter the world of entrepreneurship - without reducing the amount of money to invest due to early-payment penalties and tax liability. He also explains how to use retirement funds as the cash injection necessary for SBA loans and how to use the funds to receive a salary during startup. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends, Spadea Lignana and Retail Solutions.
This week on Franchising & You, Award-winning Franchise Developer, Holly Ford shares her perspective on finding the right-fit franchise. Holly is a Consultant with The Franchise Consulting Company that strives to help clients structure a franchise strategy based on the uniqueness of their situation and what they find most compelling as to brand, culture and operating models in order to attain their goals. In essence, a strategy to find the best fit between candidate and franchise brand. Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by Benetrends, Spadea Lignana and Retail Solutions.
Topic: Navigating Franchisee Success with Franchise Navigator Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, and co-host Fred McMurray of Mediavine Marketing, as they discuss how to be successful at financing, purchasing, developing, brand positioning, expanding and selling your franchise. Our guest: Craig Slaven, President of Navigator Systems Listen live to new episodes on Thursdays at 4p central. Call in on Thursdays at 323-580-5755. Listen to past episodes Sponsored in part by The Franchise Consulting Company, Westvyne LLC, Zarian Firm International
Finding the perfect franchise is possible if you put the effort in when researching franchises and reflecting on your personal prefercnes." - Nick Neonakis, author, The Franchise MBA Returning to Franchising & You this week, serial entrepreneur and long-time franchise professional Nick Neonakis discusses how candidates can make the most of their time in exploring franchise opportunities at an expo or tradeshow. Nick shares his thoughts on asking the right questions and efficient ways to follow up after the event. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Franchisors are pretty upfront about what it's going to cost to get you into their systems. But franchisors are bashful when it comes to talking about how much moolah franchisees can actually earn running their businesses. Instead, franchisors direct candidates to their Franchise Disclosure Document (FDD), the detailed prospectus they are required by law to give to interested parties. This week on Franchising & You, Franchise Attorney, Tom Spadea discusses the infamous Item 19 Financial Performance Representation found in Franchise Disclosure Documents - What it is? What it represents? Is it accurate? Franchisor doesn't have one, now what? Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Opening a franchise requires a significant investment of capital -- including a franchise fee along with ongoing royalties and advertising costs. Not everyone has access to that kind of cash. So, if individuals need a business loan to fund that franchise investment, they might find it challenging to navigate the various options available. Joining host, Paul Segreto on this segment of Franchising & You is Geoff Seiber, President, CEO & Founder of FranFund. Franchising & You airs every Saturday at 9:30 AM EST / 8:30 AM CST with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
A business partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. A partnership is a business with multiple owners, each of whom has invested in the business. This week on Franchising & You, Tom Spadea, Franchise Attorney and Partner at Spadea Lignana discusses benefits and disadvantages of business partnerships. Spadea shares how to structure partnerships to help ensure a positive experience and what to do should the relationship begin to unravel. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
"Savings, security, convenience – in the end, it all adds up to peace of mind. We can guarantee that you’ll sleep sounder with a certified professional on your side. So put away the shoe box of receipts, take a couple aspirin, and call a CPA. You will thank us in the morning." - TheSelfEmployed.com This week on Franchising & You, Sandy Shoemaker, Partner & CPA at Plante Moran provides insight into the value (and necessity) of hiring an accountant for your business whether the distribution model is a franchise or independent business and as applicable to your legal business structure - corporation, limited liability partnership, partnership or sole proprietorship. Sandy also discusses why it's important to remove the accounting tasks from a family member or former classmate, look beyond basic bookkeeping as essential to business success and understand that you can afford a CPA. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is a production of Franchise Foundry and is sponsored by FranFund, Spadea Lignana and Retail Solutions.
"The franchise business model, if leveraged properly, is amazing... and powerful. It's been called the best business model ever invented. But if you end up choosing the wrong franchise, and you blow through all your money because you didn't do the type of research needed to get all the facts, then owning 'the best business model ever invented' won't much matter." - Joel Libava, Author, The Definitive Guide to Franchise Research This week on Franchising & You, The Franchise King, Joel Libava shares points from his recently published book, The Definitive Guide to Franchise Research. Passionate about individuals choosing the right franchise, Joel provides insight into utilizing proven research techniques to get to the heart of any franchise business opportunity. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
"If you arrange financing for the first unit without considering how that is going to affect your ability to get additional financing, you may find yourself without any options to fund your second and third units. With that in mind, let’s look at a few different scenarios and some possible strategies to successfully obtain the funding needed to become a multi-unit franchisee." - SCORE.org This week on Franchising & You, Shirley Kefgen, Senior Funding Consultant at FranFund discusses the practicality, and necessity of proper preparation for funding multi-unit franchise development. Kefgen addresses common questions including why plan for funding second location when it may be twelve months in the future and if it's possible to secure funding for all locations at one time. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Sometimes called “business coaches,” “advisors,” “referral sources” or “franchise consultants,” franchise brokers can be an invaluable asset when hacking through the franchise jungle. - The Benefits of Using a Franchise Broker, FranchiseGator.com December 2016 This week on Franchising & You, Dave Sullivan, President of Priority Franchising discusses how to effectively use a franchise broker when beginning a search for the right-fit franchise opportunity. Dave provides insight from his years' of experience as a franchise broker as to what a candidate may expect in exploring business ownership with a franchise broker. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Before signing the Franchise Agreement it's essential to completely understand the franchise relationship along with both yours and the franchisor's responsibilities and especially for your benefit, your potential liabilities. There's no better way to do so than to ASK QUESTIONS! This is an essential part of your due diligence that will help you make an informed decision well before signing of documents and remitting the Franchise Fee. Joining host, Paul Segreto on this segment of Franchising & You is Tom Spadea, Franchise Attorney and Partner at Spadea Lignana Attorneys at Law. Franchising & You airs Saturdays at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
With thousands of brands offering franchise opportunities how can social media help narrow the field? This week on Franchising & You, Jack Monson, Chief Revenue Officer of Social Joey shares his perspective and insight on how to effectively use social media to navigate a multitude of digital touchpoints on Facebook, Twitter, LinkedIn and other social platforms as an efficient way to explore franchise opportunities. Franchising & You airs every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
We've heard it before. 'Location! Location! Location!' What does that mean? Exactly what makes a location a good location? Is there a success formula in selecting the best location? What factors should be considered when leasing a space for a business? This week on Franchising & You, these and other questions will be answered by our guest, Sherry Sanchez, Principal at Retail Solutions. Listen to Franchising & You every Saturday at 9:30 AM ET / 8:30 AM CT with each segment also available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Never heard of a “rollover as business startup” transaction? It carries risks, but also important advantages for those seeking second acts in their careers. This week on Franchising & You, Shirley Kefgen, Senior Funding Consultant at FranFund discusses how to fund your franchise debt-free and why using your retirement savings may be a better option than you think. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Buying an established business means immediate cash flow. The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans. You will acquire existing customers, contacts, goodwill, suppliers, staff, equipment and stock. This week on Franchising & You, Vetpreneur and Business Broker & Consultant, Curt Maier discusses acquiring an existing business and comparing the same to investing in a franchise or even starting a business from the ground up. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
The secret to owning the right franchise is no secret if you understand what it takes to succeed. The single most important factor is preparation. Knowing what to look for is what sets apart successful franchise owners who found the right franchise from those who did not. This week on Franchising & You, author, serial entrepreneur and long-time franchise professional Nick Neonakis discusses the tools you need to understand which franchise is right for you as you seek to cross the river to independence and prosperity. Referring to his best seller book, The Franchise MBA, Nick shares how to master four critical steps necessary to find the ideal franchise that fits your life. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
A business partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. A partnership is a business with multiple owners, each of whom has invested in the business. This week on Franchising & You, Tom Spadea, Franchise Attorney and Partner at Spadea Lignana discusses benefits and disadvantages of business partnerships. Spadea shares how to structure partnerships to help ensure a positive experience and what to do should the relationship begin to unravel. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
One of the most difficult management challenges facing franchisors is defining franchise territories in a way that minimizes cannibalization, but doesn’t leave the market underserved. Franchisors who do this well set their franchisees up for success. This week on Franchising & You, Sherry Sanchez, Principal at Retail Solutions discusses the most effective way to explore a market for franchisees exploring a market or for franchisors considering and/or entering a new market. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Candidates are often overwhelmed when they start the process of securing a business loan because they aren’t prepared to provide the information required by lenders. Becoming more knowledgeable about the lending process eliminates surprises and expands options for loans. This week on Franchising & You, David Murray, Senior Lending Consultant for FranFund shares what to expect during a lending consultation and the preparation necessary for that discussion, including the four loan qualifiers lenders look for in their evaluation. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
Franchisors are pretty upfront about what it's going to cost to get you into their systems. But franchisors are bashful when it comes to talking about how much moolah franchisees can actually earn running their businesses. Instead, franchisors direct candidates to their Franchise Disclosure Document (FDD), the detailed prospectus they are required by law to give to interested parties. This week on Franchising & You, Franchise Attorney, Tom Spadea discusses the infamous Item 19 Financial Performance Representation found in Franchise Disclosure Documents - What it is? What it represents? Is it accurate? Franchisor doesn't have one, now what? Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.
We've heard it before. 'Location! Location! Location!' What does that mean? Exactly what makes a location a good location? Is there a success formula in selecting the best location? What factors should be considered when leasing a space for a business? This week on Franchising & You, these and other questions will be answered by our guest, Sherry Sanchez, Principal at Retail Solutions. Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand. Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.