In this enlightening episode of the Inner Edison podcast, host Ed Parcaut sits down with Greg Mohr, a seasoned franchise consultant with over a decade of experience. Discover how Greg's journey from managing Taco Bell restaurants to becoming a microelectronics engineer, and eventually a successful franchise owner, provides unique insights into the world of franchising. They discuss the practical steps to choosing the right franchise, the financial aspects of starting one, and the benefits of using a franchise consultant. Whether you're a budding entrepreneur or an established business owner looking for a new venture, this episode is packed with valuable information to help you make informed decisions. Tune in to learn how franchising could be your path to business success and financial freedom.

Don't miss out on:

• Greg's first introduction to franchising with Taco Bell

• The pivotal moment brought by reading "Rich Dad Poor Dad"

• Understanding the costs and returns associated with different types of franchises

• The importance of not revolving your business around yourself for better resale value

• Financing options for potential franchisees, including the innovative use of 401k rollovers

Join us for a deep dive into the world of franchising and take away actionable steps to starting your own successful franchise.

Listen now on Apple Podcasts!

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