All Things Considered Franchising Podcast

All Things Considered Franchising Podcast

By Scott MilasBusinessEntrepreneurship
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All Things Considered Franchising Podcast episodes

  • Scotty Milas' All Things Considered Franchising Podcast w/ Doug Smith, BELFOR Franchise Development at the BELFOR Group

    All Things Considered Franchising Podcast

    On today’s episode of All Things Considered Franchising, Scotty Milas speaks with Doug Smith. Doug is the Senior Vice President of Franchise Development for the BELFOR Franchise Group. With a
    background in the restaurant industry and financial services, Doug has extensive experience in
    franchising and helping entrepreneurs explore business ownership opportunities. He is
    passionate about helping people become entrepreneurs and find joy in bringing them along on
    their journey.

    Doug joins Scotty to discuss the home service brands in the BELFOR portfolio, such as COOL-BINZ
    and redbox+ Dumpsters. Doug shares his experience in the restaurant industry and how it
    led him to franchising. He highlights the appeal of home services as a popular and exciting way
    for people to become entrepreneurs. He states, "We really enjoy bringing those people along...
    and we think home services in particular here at BELFOR Franchise Group is a pretty popular and
    pretty exciting way to do that."

    Doug also discusses the unique aspects of the BELFOR Group, including the comprehensive support they provide to franchisees and the synergies between their brands. As he tells Scotty, "We've proven systems in place, and we want you to engage with those systems for the best chance of success."

    Key Takeaways:
    1. BELFOR Franchise Group offers a range of home service brands, including redbox+ Dumpsters and COOL-BINZ.
    2. The BELFOR brands are attractive to seasoned entrepreneurs and senior-level
    professionals looking for recession-resistant businesses.
    3. BELFOR provides extensive support to franchisees, including marketing, training, and
    ongoing coaching.
    4. COOL-BINZ is a new brand that offers climate-controlled mobile storage solutions, with a
    range of bin options available.
    5. BELFOR Franchise Group is owned by BELFOR Property Restoration, the world's largest
    property restoration company, providing additional support and expertise.

    Scotty Milas can be reached at [email protected] and at (860)751-9126.
    Doug Smith can be reached on LinkedIn: linkedin.com/in/doug-smith-7b111b6

    #allthingsconsidered #scottmilas #businessownership #franchiseopportunities #dougsmith
    #coolbinz #redboxplusdumpsters #homeservicebrands #belforfranchisegroup

    26 min
  • Scotty Milas' All Things Considered Franchising Podcast w/ Red Boswell, President of IFPG

    All Things Considered Franchising Podcast with Red Boswell, President of IFPG


    On today’s episode, host Scotty Milas speaks with Red Boswell.

    Red is the President of IFPG (International Franchise Professionals Group), a membership and training organization that supports franchise consultants, franchise owners, and suppliers in the franchising industry. He is widely known for his expertise in franchising and his commitment to connecting franchise professionals and helping them succeed.

    Scotty and Red begin by discussing the state of franchising and the importance of supporting franchise professionals. Boswell highlights the success of the recent IFPG retreat and the importance of connecting franchise professionals on a personal level. As Red states, “Our purpose at IPG is to connect franchise professionals, not just have them read an email or see a page on our website, but connect eye to eye, human to human."

    He also discusses the current trends in franchising, including the interest in low-investment opportunities and the growth of the health space. Boswell emphasizes the importance of ethics and integrity in the
    consulting industry and the need for consultants to provide value and support to their clients.
    Red explains it to Scotty like this. He says, "More people have 100,000 than have a million, right? So those low investments are always going to be moving at a big pace."

    He also addresses the challenges facing the franchising industry, such as government regulations and
    the California ruling, and the role of organizations like IFPG in advocating for small businesses
    and protecting the rights of franchise owners.

    Key Takeaways:

    • IFPG focuses on connecting franchise professionals and providing support and training
      to consultants, franchise owners, and suppliers.
    • The recent IFPG retreat was a success, with a large turnout and a focus on personal
      connections and understanding opportunities.
    • Low-investment opportunities and the health space are currently trending in the
      franchising industry.
    • Consultants play a crucial role in helping individuals make informed decisions and find
      the right franchise opportunity for them.
    • IFPG is committed to ethics and integrity in the consulting industry and works to attract
      and retain the best consultants.
    • Scotty Milas can be reached at (860)751-9126 and [email protected].
      Red Boswell can be reached at [email protected].

      #allthingsconsidered #scottmilas #businessownership #franchiseopportunities #redboswell
      #IFPG #franchiseconsultants #support #lowinvestmentopportunities #protectingtherights

      30 min
    • 2023 Wrap Up

      Scotty Milas wraps up 2023 with a few thoughts and prepares for 2024!

      To learn more about investing in a franchise, visit Scotty's website: https://www.scottmilasfranchisecoach.com

      To learn more about franchise brands and hot topics in the franchise industry, check out Scotty's podcast website: https://www.allthingsconsideredfranchising.com

      #podcast #franchiseopportunities #scottymilas #businessownership

      2 min
    • Scotty Milas' All Things Considered Franchising Podcast w/ Alicia Miller Founder & Managing Director w/ Emergent Growth Advisors

      On today's episode of the All Things Considered Franchising podcast, Scotty Milas welcomes Alicia Miller.
      Alicia is the co-founding managing director of Emergent Growth Advisors and author of an
      upcoming book.


      Scotty and Alicia discuss private equity and its impact on the franchising industry. Alicia strongly
      feels that each potential franchisee needs to do their research and determine how much time, energy, and personal expense they can and are willing to put towards the franchise. Alicia feels private equity is not for everyone due to the higher risk involved. However, using private equity has the potential for much higher profit margins for the investor.


      In addition, Alicia talks with Scotty about how every franchise allows the franchisee to use private
      equity. There are many reasons for this. Some franchises feel it keeps risks lower, while others
      like controlling how and where invested money is obtained. Also, franchises like to
      eliminate issues that can arise if the private equity franchisee decides to sell their franchise.
      Alicia tells Scotty that she highly recommends that all potential franchisees do as much research as
      possible on the pros and cons of private equity and the brands willing to
      work with private equity.


      Scotty Milas can be reached at [email protected] and at (860)751-9126
      Alicia Miller can be reached on LinkedIn: linkedin.com/in/milleralicia

       


      #allthingsconsidered #scottmilas #businessownership #franchiseopportunity #aliciamiller
      #emergentgrowthadvisors #privateequity #multiunitfranchisee

      ugw8rrEpkABx3sDwmi6V

      24 min
    • Scotty Milas' All Things Considered Franchising Podcast w/ Jonathan Maher Director of Franchise Development at Grand Welcome

      All Things Considered Franchising Podcast


      On today’s episode, Scotty Milas is joined by Jonathan Maher. Jonathan is the Director of
      Franchise Development for Grand Welcome, a unique brand in the short-term vacation rental
      management industry. With a background in vacation rental management, Jonathan stumbled
      into franchising and has been with Grand Welcome for over two years.

      With a low barrier to entry and a focus on scalability, Grand Welcome provides
      franchisees with the technology and support needed to succeed in the booming vacation rental
      market. Jonathan explains the importance of technology in managing multiple property listings
      across various platforms and highlights the characteristics of successful franchisees, including
      sales aptitude, attention to detail, and a solid work ethic. Jonathan tells Scotty, “Attention to
      detail is huge. All the little things. There's no rocket science involved in this business, but there
      are a lot of moving parts and variables."


      Scotty asks Jonathan about why someone should consider semi-absentee ownership. Jonathan
      answers, "Two to three years out, you're ideally three to four employees, delegating 90% of the tasks. You're on that beach kind of mindset and can take that step back."


      He also addresses the regulations surrounding the industry and how Grand Welcome helps
      franchisees navigate them. As Jonathan explains, “Regulations are coming into play. The more
      popular vacation rentals are, the more popular regulations are becoming."

      Overall, Grand Welcome offers a unique and profitable business model for those interested in the short-term
      vacation rental market.

      Key Takeaways:

      • Grand Welcome offers a turnkey service for homeowners, allowing franchisees to build
        a lucrative portfolio without owning any property themselves.
      • Technology plays a crucial role in managing multiple property listings across various
        platforms and ensuring availability is accurately reflected.
      • Franchisees can expect to have a semi-absentee role within two to three years, with a
        team of employees handling day-to-day operations.
      • Regulations vary by state, but Grand Welcome helps franchisees navigate them by
        partnering with real estate brokers or agents.
      • Scotty Milas can be reached at [email protected] and (860)751-9126.
        Jonathan Maher can be reached at [email protected] and (323)657-
        0256.


        #allthingsconsidered #scottmilas #businessownership #franchiseopportunities #jonathanmaher
        #grandwelcome #vacationrentalmanagement #semiabsentee #turnkeyservices

        24 min
      • Scotty Milas' All Things Considered Franchising Podcast w/ Jamie Lavigne, VP of Resting Rainbow Pet Memorial & Cremation Franchise

        ALL THINGS CONSIDERED FRANCHISING with Scotty Milas

        On today’s episode, Scotty Milas, franchise coach and podcast host, speaks with Jamie Lavigne, the Vice-President of Resting
        Rainbow Pet Memorial and Cremation. Scotty considers her one of the most exciting and
        talented people today in the world of franchising and franchise development.


        Jamie begins by saying that she was previously involved with a different brand but felt the time
        to change had arrived, so she jumped on it...with amazing results. Jamie explains, “When I
        began with Resting Rainbow, it really kind of blew my mind. The first half of 2023, just for the
        first six months of this year, they did $138,983 in EBITDA (Earnings Before Interest, Taxes, and
        Amortization.) That's just for six months.”


        Scotty asks Jamie why she feels this brand has been as successful as it has been. Jamie replies,
        “I think one of the biggest things is that it is needs based. There's barely any selling that has to
        be done. It's kind of a field of dream situation, right? If you build it, they will come. That's it.
        Hands down, the most important thing about this brand, outside of the passion of it, is that
        there is barely any competition.”


        Finally, Scotty asks Jamie what kind of an audience she is looking for. Jamie first states that,
        “Over 70% of all households in the United States have pets. Therefore, she feels that her target
        audience is veterinarians and other pet professionals who work closely with pet rescues and the
        ASPCA.


        Scotty Milas can be reached at [email protected] and at (860)751-9126.
        Jamie Lavigne can be reached on LinkedIn: linkedin.com/in/jamieleelavigne


        #allthingsconsidered #scottmilas #businessownership #franchiseopportunities #jamielavigne
        #restingrainbowpetmemorialandcremation #passionateindustry #semiabsenteeownership

         

        30 min
      • Scotty Milas' All Things Considered Franchising Podcast w/ Ron Taylor of Edible Arrangements

        If you are currently interested in purchasing a franchise but are concerned about market saturation or how to balance the work/home relationship, then you need to watch this interview.  

        In this episode of All Things Considered Franchising, Scotty Milas speaks with Ron Taylor. Ron is a former multi-unit operator and owner of Edible Arrangements, a well-known brand in the food industry. With a background in the food service industry, Ron and his wife Lori decided to start their own business and chose Edible Arrangements as their franchise. Over the course of 17 years, they successfully built up their business to nine units and became the number one sales store in the franchise system for four consecutive years.


        In this episode, Ron shares his journey in the food industry and how he and his wife decided to start their own business with Edible Arrangements. He discusses the strengths and weaknesses of franchising, the importance of self-awareness in choosing a franchise, and the key questions to ask when considering a franchise opportunity. As Ron states, “Franchising is like a stock car. Everybody gets the same playbook. Can you do it better than the next guy?"  In addition, Ron emphasizes the significance of understanding one's own skill sets and finding a brand that aligns with those skills. He debunks the myth of a saturated market and highlights the importance of outperforming competitors through excellent service and execution. Ron concludes by discussing the importance of having an exit strategy and the balance between work and family life when running a franchise. He illustrates his point by saying, “You have to be in lockstep with your family. The business is part of the family and it has to get the same attention." 

        Key Takeaways: 

        • Franchising provides a playbook for operators to execute and succeed in a specific industry.
        • Understanding one's own skills and finding a franchise that aligns with those skills is crucial for success.
        • A saturated market can be an opportunity to outperform competitors through excellent service and execution.
        • Having an exit strategy and planning for the long-term future of the business is essential.
        • Balancing work and family life is important when running a franchise.
        • Scotty Milas can be reached at [email protected] and also at (860)751-9126. 

           

          Ron Taylor can be reached on Linkedin: linkedin.com/in/rontaylor-tsg

           

          #allthingsconsidered #scottmilas #businessownership #franchiseopportunities #rontaylor #ediblearrangements #family #foodindustry #workfamilyrelationship 

          28 min
        • Scotty Milas' All Things Considered Franchising Podcast with Jeff Bevis

          All Things Considered Podcast with host Scotty Milas and guest Jeff Bevis of Caring Senior Service

          Not sure about what industry you are interested in becoming a franchisee in? 

          Not every opportunity is in the fast-food industry.  There are lots of industries out there that can not only help you achieve your financial goals but also fulfill your passion in life. 

          In this episode of the "All Things Considered Franchising Podcast," host Scotty Milas interviews Jeff Bevis, a Certified Franchise Executive (CFE) and the COO of Caring Senior Service. With 38 years of experience in franchising and seven different brands in five different industries, Jeff brings a wealth of knowledge and expertise to the senior care market. 

          Scotty and Jeff discuss the advantages of investing in the senior care market, the characteristics of successful franchisees, and the importance of operational support in a franchise. Jeff also shares insights on finding and retaining quality caregivers and the need for physical office space in the home care industry.

          He stresses to Scotty that one of the largest problems he sees is that most people only perceive the term “home care” as a few simple services.  He states it is much more than that.  Jeff says, "The home care industry is divided into home health and home care. We provide non-invasive services like meal preparation, companionship, and personal care."  Jeff feels that one concern is that the continuing rise in the elderly population is progressing faster than the services available.  "Our industry is not even close to saturation. The demand for senior care services continues to increase." Finally, Scotty asks Jeff if he feels franchising is a good thing for people to invest in.  Jeff strongly agrees and tells Scotty, "Franchising is not for everybody, but if you want to follow a proven model and be part of a brand and network, it's a great opportunity."

          Key Takeaways:

          1. The senior care market is booming and there is a high demand for non-invasive home care services.
          2. Successful franchisees in the senior care industry come from various backgrounds and have strong management and organizational skills.
          3. Grassroots recruiting, such as reaching out to local churches and nursing schools, is an effective way to find quality caregivers.
          4. Franchising offers the benefit of a proven system, support, and a network of peers, making it a viable option for entrepreneurs.
          5. Taking the time to find the right fit in terms of culture, leadership, and operational support is crucial when considering a franchise opportunity.
          6.  

            Scotty Milas can be reached at [email protected] and at (860)751-9126. Jeff Bevis can be reached at linkedin.com/in/jeffreybevis

             

            #allthingsconsidered #scottmilas #franchiseopportunities #businessopportunities #jeffbevis

            #homecareindustry #caringseniorservice #grassrootrecruiting #seniorcaremarket

            22 min
          7. Rapid Fire FAQs with Wendi Hill, President of Market Momentum

            Scotty Milas, Franchise Coach, is back today with his Marketing Partner, Wendi Hill of Market Momentum.

             

            Questions come in from Scotty's social media and through his website about the franchise industry and the process of investigating and investing in franchises. Wendi gets the questions and asks Scotty. It's as simple as that! Questions today are on the topic of Scotty's experience in the industry, why franchisors are ok with franchise coaches bringing candidates to them, and when is the right time to contact a franchise coach?

             

            Listen and learn more about the franchise industry...it's also the celebration of Scotty's 50th podcast episode of "All Things Considered Franchising!"

             

            To reach Scotty Milas, send him an email: [email protected]

            To reach Wendi, send her an email: [email protected]

             

            #FAQ #franchiseindustry #scottymilas #franchisequestions #marketmomentum #wendihill

            11 min

          About All Things Considered Franchising Podcast

          From the publisher's feed

          Scotty Milas is a franchise coach who helps people achieve their goals through business ownership. He's been an entrepreneur dating back to his teen years, when he started small businesses mowing lawns, raking leaves, and shoveling snow. In his early twenties, he began a career with a major news organization as a cameraman for the White House Press Corp. Several years later, Scotty could not ignore the calling of his entrepreneurial spirit and so left the news industry to pursue a career in business.