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The best franchise systems take years to fine tuning their systems, processes, brand, and marketing. This allows the franchisees to follow a script and hopefully prosper. Of course, this is the best case scenario. Unfortunately what often happens is that there is a lack of systems, infrastructure, and processes. These franchises can still make money but it is important to understand that making money is only one part of a franchise. You need the systems and support that a good franchise will have in place. The hard part of course is figuring out if the franchise you are looking at has a solid foundation.
Listen in as I explain 6 things you need to consider before you buy a franchise.
Feedback
Have any suggestions for future shows? Have questions or topic you would like us to do an episode on? If so, please leave a comment.
If you enjoyed the podcast would you please take a moment to leave a review and rating on iTunes or Stitcher. Every review means we can reach out to more people.
iTunes: Franchise Euphoria Podcast
Tune in on Stitcher!
4.9
166166 ratings
The best franchise systems take years to fine tuning their systems, processes, brand, and marketing. This allows the franchisees to follow a script and hopefully prosper. Of course, this is the best case scenario. Unfortunately what often happens is that there is a lack of systems, infrastructure, and processes. These franchises can still make money but it is important to understand that making money is only one part of a franchise. You need the systems and support that a good franchise will have in place. The hard part of course is figuring out if the franchise you are looking at has a solid foundation.
Listen in as I explain 6 things you need to consider before you buy a franchise.
Feedback
Have any suggestions for future shows? Have questions or topic you would like us to do an episode on? If so, please leave a comment.
If you enjoyed the podcast would you please take a moment to leave a review and rating on iTunes or Stitcher. Every review means we can reach out to more people.
iTunes: Franchise Euphoria Podcast
Tune in on Stitcher!