Have you ever wondered about franchise ownership? So have we. In this episode, we talk with Telanda Sidari, The Franchise Educator, about the in’s and out’s of franchise ownership.
She covers..
- what makes a franchise different than other types of businesses
- what’s the advantages to owning a franchise as opposed to simply starting a business of your own
- the types of franchises
- what skills are needed to be a successful owner of a franchise
- the financial implications, like up-front capital
- what steps to take in the process of discovering the right franchise for your life and lifestyle
- why and when you should NOT purchase a franchise
- what resources are available, like their virtual trade show, and the International Franchise Association
- books like The Franchise MBA and The E-Myth
Just for our listeners, make sure you go to her website and take the Franchise Assessment quiz. It’s a free, quick quiz to understand where you are in your search and possibly which concepts would fit with you.
Transcript of the episode is available by contacting us by email.
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Recorded in Studio C at 511 Studios. A production of Circle270Media Podcast Consultants.