Episodes
4 days ago
4 days ago
Unlock the secrets to franchise success as we sit down with Doug Smith, Senior Vice President of Franchise Development at Belfor Franchise Group. Discover how Belfor's unique approach to franchising—entirely rooted in the home service sector—provides a winning formula for aspiring franchisees. Learn how being part of an operating giant like Belfor Property Restoration gives franchisees a unique advantage, offering them not just a business opportunity but a robust support system from seasoned business coaches who are invested in their success.
Explore the vibrant landscape of Belfor's 15 franchise brands, ranging from water damage restoration to junk removal. As Doug shares insights into how these brands harmonize in times of crisis and beyond, you'll get a glimpse of the comprehensive solutions Belfor offers for both residential and commercial needs. Whether you're drawn to the low-cost entry of a franchise like Patch Boys or the asset-heavy investments of Cool Bins and Redbox Plus, there's a brand that fits every aspiration and financial condition.
Doug also sheds light on the vital traits of successful franchise owners and the extensive resources Belfor offers to nurture these attributes. With a focus on the power of synergy, operational expertise, and a diverse portfolio of opportunities, this episode is a treasure trove of insights for anyone serious about entering the world of franchising. Tune in and discover how Belfor's model offers not just a franchise opportunity but a pathway to entrepreneurial success.
TIMESTAMPS:
(00:01) Belfor Franchise Group Synergy
(10:03) Franchise Brand Synergy and Opportunities
(18:22) Franchise Investment Ranges and Opportunities
(21:45) Franchise Brand Ownership Expansion
(33:12) Franchisee Traits for Success
(44:39) Belfor Franchise Group Information Source
Connect with Doug and Belfor here:
Website: https://belforfranchisegroup.com
Linkedin: https://www.linkedin.com/in/doug-smith-7b111b6/
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 #Business #Belfor
Thursday Jan 09, 2025
Finding Freedom in Entrepreneurship with Leslie Hassler
Thursday Jan 09, 2025
Thursday Jan 09, 2025
Leslie Hassler, the dynamic president of Your Biz Rules, joins us to unravel the complex journey of finding true freedom in entrepreneurship. Many start their businesses dreaming of autonomy, only to find themselves trapped in a self-made cage. Leslie shares invaluable strategies on how intentional daily decisions and mindset shifts can lead entrepreneurs to genuine liberation. Together, we challenge the societal obsession with hustle culture and highlight the importance of a clear vision, supported by quality coaching, to ensure business ownership remains a path to freedom.
As businesses scale, entrepreneurs often face identity shifts and evolving workplace cultures. Leslie sheds light on the changing landscape of work, where opportunities like becoming an Amazon reseller demand innovation beyond the traditional 80-hour workweek. We explore personal stories of entrepreneurs grappling with these transitions, navigating guilt, and redefining their value in a growing enterprise. Leslie emphasizes that embracing change and aligning personal identity with business growth is crucial for maintaining momentum and satisfaction.
Navigating the financial landscape of a business is equally critical for achieving freedom. Leslie discusses the significance of strategic financial planning, viewing taxes as a marker of success, and the necessity of cash reserves for stability. We explore the unpredictability of business growth and how data-driven forecasting can anchor businesses in stable revenue streams. A strong company culture and clear employee value proposition emerge as key elements for retaining talent and ensuring organizational resilience. Leslie's insights remind us of the transformative potential when vision and action harmonize, encouraging every business owner to pursue greater impact, no matter the stage of their journey.
TIMESTAMPS:
(00:01) Path to Freedom in Business
(09:20) Navigating Business Scale and Identity
(22:51) Strategic Financial Planning for Business
(27:34) Forecasting Business Stability and Employee Culture
(40:36) Purpose and Vision for Business Success
(50:27) Book Discussion Guide for Entrepreneurs
Connect with Leslie here:
https://www.yourbizrules.com/path-2-freedom-podcast/
Grab Leslie's new book here:
https://www.yourbizrules.com/first-this-then-that-book/
Linkedin: https://www.linkedin.com/in/lesliehassler/
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/
#Entrepreneur #Business #Freedom
Thursday Jan 02, 2025
Embracing the Smart Home Revolution with Gavin Lantzy
Thursday Jan 02, 2025
Thursday Jan 02, 2025
Gavin Lancey, a pivotal figure in the smart home technology arena, joins us to unravel the exciting possibilities of this burgeoning industry. From his humble beginnings in a house painting business to leading franchise sales at Daisy, Gavin's journey is nothing short of inspiring. We discuss the surge in demand for smart solutions like automated blinds, smart lighting, and security systems, which are increasingly becoming staples in modern homes and businesses. Gavin shares his insights on the immense growth potential in the smart home sector, particularly highlighting opportunities for ongoing service revenue and the influx of cutting-edge technologies.
Our conversation covers Daisy's strategic franchise expansion, where we explore the company's unique approach of combining leadership acumen with franchise scalability. Gavin sheds light on Daisy's model, which offers free home tech assessments—a move that not only updates outdated systems but enhances customer experiences. With seven company-owned locations and seven franchises across the U.S., Daisy stands out as a robust example of a scalable business. We delve into how Daisy's strategic growth is supported by strong leadership and a focus on creating seamless, integrated experiences for clients.
Further, we dive into the nuts and bolts of setting up and managing a successful franchise, emphasizing the importance of efficient team structure and solid cash flow strategies. Gavin discusses the advantages of having a well-rounded franchise team and the minimal infrastructure required to start, such as a van and essential tools. We also touch on the franchise cash flow model and the potential for rapid revenue growth, contingent on effective sales execution. Finally, the episode underscores the role of continuous learning and adapting to changing technologies, ensuring franchise success and sustainable growth in the smart home industry.
TIMESTAMPS:
(00:01) Exploring Smart Home Franchise Opportunities
(11:43) Smart Home Franchise Expansion Strategies
(23:25) Maximizing Support for Smart Home Franchisees
(32:41) Franchise Business Team Structure and Infrastructure
(36:57) Franchise Cash Flow and Growth
(46:08) Franchise Success Through Continuous Learning
Connect with Gavin and Daisy here:
Linkedin: https://www.linkedin.com/in/gavinlantzy/
Daisy Linkedin: https://www.linkedin.com/company/daisyco/
Website: https://daisyco.com
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/
#Sweat440 #Franchising #Fitness
Thursday Dec 26, 2024
Sweat 440's Unique Approach to Fitness Success
Thursday Dec 26, 2024
Thursday Dec 26, 2024
Unlock the secrets to revolutionizing your fitness routine with Sweat 440, the game-changing boutique fitness concept founded by Matthew Miller and Cody Patrick. Discover how their innovative rolling class schedule, with sessions starting every 10 minutes, offers unparalleled flexibility for those with unpredictable schedules. This episode promises to transform the way you think about fitness studios, highlighting how Sweat 440 accommodates up to 500 people in its larger locations, making it a haven for busy parents and professionals alike.
Join our conversation as we explore the eclectic mix of workouts Sweat 440 provides, including high-intensity interval training, strength, and functional exercises—all synergized through cutting-edge equipment like torque sleds. Guided by virtual trainers, these 40-minute sessions ensure personalized attention and adaptability to the latest fitness trends and technologies. Marvel at how this structure not only keeps workouts exciting but also fosters a close-knit community feel with familiar faces and gamification features that keep members engaged and motivated.
As we delve into the business side, you'll hear Matthew and Cody's insights on successful franchise ownership and their strategic move to bring marketing operations in-house, enhancing support for franchisees and ensuring a seamless customer journey. Learn about the importance of quality staffing, franchisee autonomy in pricing, and the myriad ways Sweat 440 supports its franchise network, from real estate selection to operational strategies. This episode shares stories of franchisee successes and the significant satisfaction of managing multiple units, painting a comprehensive picture of what it takes to thrive in the competitive fitness industry.
TIMESTAMPS:
(00:01) Sweat 440
(09:23) Diverse Workout at Sweat 440
(17:29) Building Community at Sweat 440
(23:44) Optimal Studio Size and Staffing
(31:26) Marketing Strategy in Fitness Franchising
(36:53) Franchise Marketing and Growth Strategies
(44:47) Franchisee Focus
(47:59) Franchise Support and Success Stories
Connect with Sweat 440 here:
https://sweat440.com/
Cody Patrick: https://www.linkedin.com/in/cody-patrick-2192519/
Matthew Miller: https://www.linkedin.com/in/millerfit/
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/
#Sweat440 #Franchising #Fitness
Thursday Dec 19, 2024
Transforming Business with AI: Strategies, Partnerships, and the Future
Thursday Dec 19, 2024
Thursday Dec 19, 2024
Join us as we uncover the transformative potential of artificial intelligence in business with Mike Liu, founder and CEO of FreeFuse, and Alex Londo, founder and CEO of Klarissa AI. Mike and Alex share their expertise on how AI goes beyond mere buzzwords to become a crucial element in business strategy, offering innovative solutions for franchise owners and small business operators. They reveal how their companies are at the forefront of pioneering AI technologies that enhance operational efficiency and idea generation, ultimately moving AI from a conceptual tool to a game-changing solution for businesses.
We spotlight the power of strategic partnerships and how they can maximize business opportunities. Through personal experiences and case studies, we explore the collaborative efforts between Clarissa AI and FreeFuse that create complementary solutions, driving franchise rollouts, standardized training, and personalized customer journeys. This episode underscores the importance of focusing on specific challenges through strategic alliances, enhancing expertise and delivering effective solutions while simplifying franchise training and ensuring compliance with new regulations.
As we discuss the evolving role of AI in customer interactions, we explore its impact on reducing call volumes and improving customer service. The episode touches on the ethical considerations of AI communication, the integration of AI in everyday business operations, and the potential future of personal AI assistants. Drawing parallels with the adoption of online payment methods, we reflect on the growing acceptance of AI and its potential to revolutionize customer service, business advancement, and even personal everyday tasks, ensuring listeners are equipped to harness AI's full potential in their endeavors.
TIMESTAMPS:
(00:01) Leveraging AI in Business
(11:37) Building Opportunities Through Strategic Partnerships
(17:31) Maximizing AI in Franchise Training
(27:05) Streamlining Customer Support With AI
(37:16) Improving Customer Communication With AI
(42:52) Harnessing AI for Business Advancement
(49:15) The Future of Personal AI
(54:00) The Future of Personal AI Companions
(01:04:09) Connecting Through Technology and Networking
Connect With Mike & FreeFuse here:
https://www.linkedin.com/in/mike-liu-4wd/
https://freefuse.com
Connect With Alex & Klarissa.AI here:
https://www.linkedin.com/in/aklondo/
https://klarissa.ai
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/
#AI #FreeFuse #KlarissaAi
Thursday Dec 12, 2024
Evolution of Mosquito Nix Into a Franchise Success
Thursday Dec 12, 2024
Thursday Dec 12, 2024
Join us for an enlightening conversation with Jen O'Neill, vice president of @MyMosquitoNix , as we explore the innovative approach this outdoor living brand takes to pest control. Discover how Mosquito Nix has transformed over the past two decades from a family business into a thriving franchise model. Jen shares fascinating insights into their misting systems, initially developed for horse barns, now adapted for homes and commercial spaces as a chemical-free solution to combat biting insects. We uncover the technology behind these systems, which are manufactured in Dallas, Texas, and discuss their commitment to reducing environmental impact while enhancing outdoor enjoyment.
Listen in as we break down the logistics of setting up a misting system for residential and commercial spaces. We'll guide you through the financial aspects, including the initial investment and recurring revenue model that make this franchise opportunity so appealing. Learn about the strategic placement of nozzles, the minimal infrastructure needed, and how a single truck and a small team can efficiently manage operations. Discover the potential profitability of running a Mosquito Nix franchise, especially with the additional revenue stream from holiday lighting services.
In our conversation, we explore Mosquito Nix's franchising journey and the infrastructure needed to scale successfully. Jen shares their strategy of utilizing virtual sales systems, which has been a game-changer in improving customer satisfaction and streamlining operations. We also discuss the company's family-oriented business philosophy, offering support and resources to franchisees, and highlight their rapid expansion from Texas to Florida and beyond. Whether you're interested in the technology, business model, or family-driven ethos, this episode offers a wealth of insights into what makes Mosquito Nix a standout brand in pest control and outdoor living.
TIMESTAMPS:
(00:01) Mosquito Nix
(11:01) Outdoor Misting Systems and Revenue Streams
(22:04) Diversified Revenue Streams in Franchising
(33:32) Franchise Business Infrastructure and Scaling
(38:49) Franchising Operations and Virtual Sales
(46:54) Family-Oriented Franchise Brand Concept
Connect with Mosquito Nix & Jen here:
Website: https://mosquitonix.com
Linkedin: https://www.linkedin.com/in/jennifer-hooper-o’neal-42b346ab/
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/
#MosquitoNix #Mosquito #Franchise
Thursday Dec 05, 2024
Risk, Reward, and Real Estate Insights w/ Dr. Jason Williams
Thursday Dec 05, 2024
Thursday Dec 05, 2024
Dr. Jason Williams, the innovative mind behind Ironclad Underwriting, shares his transformative journey from chemical engineering to the dynamic world of real estate investing. Join me as Dr. Jason unpacks his evolution from managing data systems to leveraging equity in multifamily properties, offering gems from his 20-year tenure. Discover how his engineering acumen translates into robust real estate strategies, and learn why multifamily real estate stands as a beacon for investors seeking accelerated growth.
Excel spreadsheets, meet the digital age! As we pivot from traditional tools to cutting-edge online models, I reveal how my engineering background helps ensure data accuracy and user-friendly experiences. Our discussion highlights the critical role of accurate data inputs in pro forma models, and I introduce my underwriting course designed to arm newcomers with essential skills like CapEx budgeting and rent comparisons. This episode isn't just about numbers; it's about empowering informed decisions in the often complex terrain of real estate.
Rounding out our conversation, we tackle the nuanced balance of risk and reward in real estate and franchise ownership. Explore the essentials of due diligence, the pitfalls of poor management, and the importance of understanding SEC regulations. As we reflect on how mindset impacts opportunity, we encourage listeners to shift from fearing failure to embracing action. By conquering the fear of regret, we open doors to limitless possibilities in investing, franchising, and entrepreneurship. Listen in and start navigating your own path to freedom.
TIMESTAMPS:
(00:01) Real Estate Investing and Underwriting Discussion
(10:55) Real Estate Underwriting Course Benefits
(19:13) Commercial Real Estate Investing Education
(31:41) Real Estate Investing Risks and Rewards
(37:44) Franchise Investment and SEC Regulations
(46:20) Embracing Opportunity Through Mindset and Action
Connect with Jason and Ironclad Underwriting here:
Website: https://ironcladunderwriting.com
Linkedin: https://www.linkedin.com/in/jasonwilliamsphd/
Facebook: https://www.facebook.com/profile.php?id=61553482136367
Instagram: https://www.instagram.com/ironcladunderwriting/
Youtube: https://www.youtube.com/@IroncladUnderwriting
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/
#RealEstate #Investing #Franchise
Friday Nov 29, 2024
Friday Nov 29, 2024
Join us on the Path to Freedom Podcast as we uncover the niche business opportunity of 1-800-Packouts with Stefan Figley, the company's president. Stefan shares his insights on the packout business, an essential yet lesser-known segment of the restoration industry. This unique business specializes in packing, cleaning, storing, and returning personal belongings affected by disasters such as floods, fires, and storms. Stefan discusses his extensive background in franchising and what drew him back into the industry to lead and grow this specialized business. For those interested in franchise opportunities, this episode highlights a focused approach that supports restoration efforts while offering a unique business model.
We highlight the significance of a supportive network of franchisees, especially during challenging times like the onset of COVID-19. Discover the benefits of collective buying power, resale opportunities, and the non-competitive nature of franchisee interactions. We also delve into operational aspects, such as sourcing business from mitigation contractors and insurance adjusters, and the importance of maintaining accuracy in standardized pricing tools. These insights emphasize leveraging franchise networks for support, resources, and strategic growth.
Finally, we discuss the entrepreneurial mindset required to start a franchise business and the intricacies of restoration work within the industry. From subcontracting specialists for various tasks to the spatial and equipment requirements for content restoration and storage, we cover it all. This episode also explores the importance of building strong networks and maintaining good relationships in service-oriented businesses. We highlight the need for empathy, effective communication, and nurturing professional relationships to succeed. Whether you're considering franchise ownership or seeking to enhance your service delivery, this episode offers valuable perspectives on building trust and fostering better service delivery in the restoration industry.
TIMESTAMPS:
(00:01) - Path to Freedom Podcast
(09:26) - Franchise Value and Peer Networking
(19:11) - Contractor Networking and Competitive Bidding
(26:26) - Building Trust Through Networking and Service
(38:08) - Entrepreneurial Mentality and Team Building
(45:42) - Specialists and Partnerships in Restoration
(55:30) - Storage Requirements and Revenue Opportunities
Connect with 1-800-Packouts and Stefan here:
Website: https://www.1800packouts.com
Website: https://fivestarfranchising.com
Linkedin: https://www.linkedin.com/in/stefanfigley/
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 #Brand #1800Packouts
Tuesday Nov 26, 2024
FRANCHISE SPOTLIGHT: Excellent Opportunities in the Glass Industry
Tuesday Nov 26, 2024
Tuesday Nov 26, 2024
Unlock the secrets to thriving in the glass installation and repair industry with our latest podcast episode. Discover how this established franchise, a powerhouse since 2004, presents a resilient business model that thrives even in economic downturns. With its emphasis on recyclability and energy efficiency, glass is a cornerstone of modern construction, and our franchise opportunity offers you access to prime territories across the U.S. Learn what it takes to become a successful franchisee, from leveraging comprehensive support systems to understanding the competitive advantages in this fragmented market.
Explore the two distinct pathways to franchise ownership: the hands-on owner-operator model for those ready to plunge into the business full-time, and the executive model that lets you maintain your current career while managing a team. I'm here to guide you through a structured due diligence process, ensuring you make informed decisions that align with your business vision. Whether the glass industry excites you or you're exploring other top franchise options, this episode equips you with the insights to find your path to freedom and success in business ownership. Schedule a strategy call to start your journey today!
TIMESTAMPS:
(00:00) - Franchise Opportunity in Glass Industry
(06:55) - Franchise Ownership Pathways
(10:25) - Exploring Franchise Opportunities in Glass Industry
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 #Brand #FranchiseSpotlight
Thursday Nov 21, 2024
Franchise Ownership 101: Secrets to Finding Your Perfect Fit
Thursday Nov 21, 2024
Thursday Nov 21, 2024
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