EP 15: So You Want To Buy a Franchise

Thank you for joining me on the next episode of the School For Small Business Podcast!

Today we are going to be talking all about franchising. Buying a franchise, being a part of one or franchising your own business. With my 15 years of experience in accounting, I’ve been asked questions on this topic numerous times and wanted to share how my thoughts on franchising can be implemented into mindshift changes within your own business. 

It is a great skill as a small business owner to be able to look at what works in one industry and then personally apply it to yours, so I encourage you to listen in while I talk about:

• 2:39 - The best questions to ask if your interested in purchasing a franchise.
• 9:24 - The biggest problem with franchising: small vs established businesses.
• 12:25 -Doing the math and looking at the true value or “secret sauce” when buying and selling.

Franchises can be amazing when they work the way they are supposed to and serve a purpose to create something greater beyond only benefiting the franchise seller financially.

If you liked today’s episode, tell me what you think! Have you bought a franchise or ever considered buying one? Send me a message and let me know about your experience! 

Staci's Links:
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