Franchising 101

Franchising 101

By FranCoachBusinessCareers
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Franchising 101 episodes

  • Franchising 101 - Episode One Hundred Six - In Their Words

    Hear directly from FranCoach clients in our “In Their Words” segment. In this episode, new franchise owner James Clark shares what led him to consider franchise ownership, how he navigated the discovery and selection process with FranCoach, and what franchise he ultimately chose and why.

    Want to know more? Go ahead Schedule a call with one of our franchise coaches! 


    Episode Highlights:

    0:00 - Intro

    1:17 - Interview begins

    5:10 - Why franchising?

    7:40 - That the process with FranCoach was actually like

    13:36 - Discovery Day and meeting the team of the franchise he picked

    15:40 - About Focal Point Business Coaching

    19:06  The training process for new owners

    23:23 - Advice for people considering franchise ownership

    27:38 - Closing and how to get in touch with FranCoach


    Links and resources mentioned in this episode:

    • Schedule a call https://meetings.hubspot.com/tim17
    • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
    • Focal Point Website - https://www.focalpointcoaching.com/

    • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


      If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


      Sign up for our email newsletter at FranCoach.net


      Interested in sponsoring the podcast? Contact us at [email protected]


      Follow FranCoach:

      Twitter: twitter.com/FranCoach4U

      Facebook: facebook.com/francoach4u/

      YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

      29 min
    • Franchising 101 - Episode One Hundred Five - All About Partnerships

      Welcome back to Franchising 101! Today we are talking about partnerships in franchising. Can you have a partner as an owner? How does it work exactly? Listen in as FranCoach Founder and & CEO, Tim Parmeter, breaks down the pros and cons and important considerations.


      Episode Highlights:

      0:00 - Intro

      1:46 - Who is FranCoach?

      4:53 - Advantages of having a business partner

      9:18 - Having a contract and what should go in it

      11:31 - Conflict resolution

      15:00 - Pitfalls and considerations

      17:34 - How to get in touch


      Links and resources mentioned in this episode:

      • Schedule a call https://meetings.hubspot.com/tim17
      • Franchising 101 podcast website with a library of past episodes http://franchising101.net/

      • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


        If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


        Sign up for our email newsletter at FranCoach.net


        Interested in sponsoring the podcast? Contact us at [email protected]


        Follow FranCoach:

        Twitter: twitter.com/FranCoach4U

        Facebook: facebook.com/francoach4u/

        YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

        20 min
      • Franchising 101 - Episode One Hundred Four - The Franchise Agreement

        Welcome back to Franchising 101, your one-stop-shop for all things franchising! Today we are talking about an aspect of the franchise journey that happens all the way at the end of the process. This is a moment to celebrate for sure. It is the Franchise Agreement. Signing it is sealing the deal, literally. Listen as FranCoach founder & CEO, Tim Parmeter, shares everything you need to know about the Franchise Agreement.

        Episode Highlights:

        0:00 - Intro

        1:08 - Who is FranCoach?

        2:12 - About the FranCoach process

        4:32 - What is the Franchise Agreement?

        7:21 - How it differs from the FDD (Franchise Disclosure Document)

        7:58 - Signing as an individual or entity

        9:58 - Celebrating the signing

        11:06 - What happens after you sign

        12:58 - What’s new at FranCoach and how to get in touch


        Links and resources mentioned in this episode:

        • Schedule a call https://meetings.hubspot.com/tim17
        • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
        • Meet the Team/Discovery Day Episode 102 https://franchising101.net/uncategorized/franchising-101-episode-one-hundred-two-meet-the-team-day-the-franchisors-perspective/

        • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


          If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


          Sign up for our email newsletter at FranCoach.net


          Interested in sponsoring the podcast? Contact us at [email protected]


          Follow FranCoach:

          Twitter: twitter.com/FranCoach4U

          Facebook: facebook.com/francoach4u/

          YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

          17 min
        • Franchising 101 - Episode One Hundred Three - This Franchise Goes Above and Beyond for Their Owners

          Welcome back to Franchising 101! This week we are talking with one of our franchise partners about their brand which has a rare mix of both B2B and B2C clients, most of whom become long term customers. They offer a wide range of services, a lower level investment, minimal overhead, and opportunity to own major markets and grow an enormous business. Not to mention, they truly go above and beyond for their owners with fantastic support in place in the areas of staffing, sales, and marketing. Listen in to see what this franchise is all about!


          Episode Highlights:

          0:00 - Intro

          1:36 - Interview begins

          2:28 - How Jack got into franchising

          11:10 - About Squeegee Squad, their services and customers, and the different revenue streams

          15:34 -What they look for in an owner and their role

          20:27 - They support they provide owners Staffing and sales and marketing

          27:08 - Their approach to seasonality

          30:18 - The financial opportunity for owners

          33:45 - Closing and how to get in touch with FranCoach


          Links and resources mentioned in this episode:

          • Schedule a call https://meetings.hubspot.com/tim17
          • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
          • Squeegee Squad website https://www.squeegeesquad.com/

          • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


            If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


            Sign up for our email newsletter at FranCoach.net


            Interested in sponsoring the podcast? Contact us at [email protected]


            Follow FranCoach:

            Twitter: twitter.com/FranCoach4U

            Facebook: facebook.com/francoach4u/

            YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

            35 min
          • Franchising 101 - Episode One Hundred Two - Meet the Team Day, The Franchisor’s Perspective

            Welcome back to Franchising 101! This week we are talking with one of our franchise partners about what is essentially the final step in the journey to become a franchise owner. This big day is known as “Meet the Team Day” or also sometimes called “Discovery Day.”

            Listen in for a deep dive into what the purpose of this day is, what franchise candidates can expect, and what the franchisor’s perspective is on this important day.


            Episode Highlights:

            0:00 - Intro

            1:26 - Interview begins

            2:29 - How Rob got into franchising

            4:32 - About Senior Helpers

            6:55 - What is Meet the Team Day?

            8:47 - What it’s like for the franchisor

            12:58 - What they are looking for from the candidate

            24:30 - What to expect at the end of the day

            26:28 - Being awarded the franchise

            29:40 - More tips to be prepared for Meet the Team Day

            32:29 - Closing and how to get in touch with FranCoach


            Links and resources mentioned in this episode:

            • Schedule a call https://meetings.hubspot.com/tim17
            • Franchising 101 podcast website with a library of past episodes http://franchising101.net/

            • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


              If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


              Sign up for our email newsletter at FranCoach.net


              Interested in sponsoring the podcast? Contact us at [email protected]


              Follow FranCoach:

              Twitter: twitter.com/FranCoach4U

              Facebook: facebook.com/francoach4u/

              YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

              34 min
            • Franchising 101 - Episode One Hundred One - Agility, Adaptability, and a Proven Business Model

              Welcome back to Franchising 101! This week we are talking with one of our franchise partners about one of the premier opportunities in the food industry. Listen to learn about what sets them apart from competitors, how they were surprisingly prepared for the pandemic, and their refreshing philosophy on team building and staffing.


              Episode Highlights:

              0:00 - Intro

              0:48 - Interview begins

              1:36 - About the guest and how he got into franchising

              6:01 - About Teriyaki Madness and their customer experience

              10:32 - What they look for in their owners

              15:13 - Labor shortage vs leadership shortage and how they approach staffing

              18:57 - Average store revenue and how they were ahead of the game when the COVID-19 pandemic started

              28:40 - A standard of quality and proven business model

              34:43 - Closing and how to get in touch with FranCoach


              Links and resources mentioned in this episode:

              • Schedule a call https://meetings.hubspot.com/tim17
              • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
              • Teriyaki Madness https://teriyakimadness.com/

              • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


                If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.



                Sign up for our email newsletter at FranCoach.net

                Interested in sponsoring the podcast? Contact us at [email protected]


                Follow FranCoach:

                Twitter: twitter.com/FranCoach4U

                Facebook: facebook.com/francoach4u/

                YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

                36 min
              • Franchising 101 - Episode One Hundred - Celebrating 100 Episodes with Special Guests

                Today is a special day for the Franchising 101 Podcast. This is our 100th episode!

                We are celebrating with a different type of show and turning the tables on our host and FranCoach Founder. Liane Caruso returns to take the role of host and interviews Tim Parmeter about his franchising journey. Many of our listeners have requested a show about Tim and his franchising experience and we thought this would be the perfect time to do it. Give the people what they want!

                Liane has a few surprises up her sleeve so stay tuned to the end for a very special guest.

                We can’t thank you enough for listening to Franchising 101 for 100 episodes. It means so much and we are committed to being your go to resource for all things franchising for a long time to come. Here’s to the next 100 episodes and here’s to your better tomorrow!


                Episode Highlights:

                0:00 - Intro

                1:51 - Liane Caruso joins and Tim’s interview begins

                30:10 - Tim answers rapid fire questions

                33:32 - Our special, Danielle, guest joins the show

                51:51 - Danielle answers the same rapid fire questions


                Links and resources mentioned in this episode:

                • Schedule a call https://meetings.hubspot.com/tim17
                • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
                • Entrepreneur.com https://www.entrepreneur.com/franchises
                • Create a Shift https://createashift.net/

                • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


                  If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


                  Sign up for our email newsletter at FranCoach.net


                  Interested in sponsoring the podcast? Contact us at [email protected]


                  Follow FranCoach:

                  Twitter: twitter.com/FranCoach4U

                  Facebook: facebook.com/francoach4u/

                  YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

                  59 min
                • Franchising 101 - Episode Ninety Nine - In Their Words

                  Hear directly from FranCoach clients in our “In Their Words” segment. In this episode, new franchise owners Jeff and Julie Thomas share what led them to consider franchise ownership, how they navigated the discovery and selection process with FranCoach, and what franchise they chose and why.

                  Want to know more? Go ahead Schedule a call with one of our franchise coaches! 


                  Episode Highlights:

                  0:00 - Intro

                  1:23 - Interview begins

                  2:42 - What got them interested in owning a franchise and working with FranCoach

                  5:42 - Their experience with the FranCoach discovery process and selecting a Franchise

                  12:12 - What franchise they chose and why

                  16:05 - Being open during the process and how owning a franchise and making money is more attainable than you think

                  20:00 - Finding a location and preparing for opening their business

                  21:47 - Advice for people considering franchise ownership

                  27:00 - Closing and how to get in touch with FranCoach


                  Links and resources mentioned in this episode:

                  • Schedule a call https://meetings.hubspot.com/tim17
                  • Franchising 101 podcast website with a library of past episodes http://franchising101.net/

                  • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.

                    If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.

                    Sign up for our email newsletter at FranCoach.net

                    Interested in sponsoring the podcast? Contact us at [email protected]


                    Follow FranCoach:

                    Twitter: twitter.com/FranCoach4U

                    Facebook: facebook.com/francoach4u/

                    YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

                    29 min
                  • Franchising 101 - Episode Ninety Eight - Cleaning Up with a Master Franchise

                    Welcome back to Franchising 101! This week we are talking with one of our franchise partners to learn about an awesome opportunity to own a business with low overhead and massive scaling potential all within a $100 billion dollar industry that just keeps growing and growing.

                    In addition to learning about this amazing brand, we also explore a different type of franchise mode known as the “Master Franchise.”


                    Episode Highlights:

                    0:00 - Intro

                    1:13 - Interview begins

                    2:37 - About the guest and how the CODIV-19 pandemic got him into franchising

                    5:37 - About Anago Cleaning and their unique master franchise model

                    9:37 - The benefits of this master franchise from a labor perspective

                    13:32 - The staff and team

                    16:55 - The support owners receive from the franchisor

                    18:23 - Revenue streams and financial model of the master franchise

                    20:48 - Territory and location information

                    24:43 - Training and setting the master franchise owner up for success

                    30:44 - Closing and how to get in touch with FranCoach


                    Links and resources mentioned in this episode:

                    • Schedule a call https://meetings.hubspot.com/tim17
                    • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
                    • Anago Cleaning https://www.anagocleaning.com/

                    • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


                      If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


                      Sign up for our email newsletter at FranCoach.net


                      Interested in sponsoring the podcast? Contact us at [email protected]


                      Follow FranCoach:

                      Twitter: twitter.com/FranCoach4U

                      Facebook: facebook.com/francoach4u/

                      YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

                      32 min
                    • Franchising 101 - Episode Ninety Seven - Making the Decision … Without Making a Decision!

                      What if we told you that you will not have to make a decision during the franchise vetting and selection process? In other words, after you complete the FranCoach process you will be making a big decision without actually making a decision. Would you believe it?

                      This week we are talking about that pivotal moment in the franchise journey and when you are choosing which franchise to own …. without actually having to make a decision! Yes, it is possible and, yes, we are going to explain what we mean! Listen to this week’s episode of Franchising 101, where it is our goal to help educate you on all things franchising.


                      Episode Highlights:

                      0:00 - Intro

                      3:01 - The beginning of the process and 3 crucial first steps before you even get introduced to franchisors

                      5:13 - The discover process steps and learning about the different potential franchises

                      7:55 How FranCoach supports you through this process

                      8:58 - What happens at the end of the process and why you won’t need to make a decision

                      11:56 - Closing and how to get in touch with FranCoach


                      Links and resources mentioned in this episode:

                      • Schedule a call https://meetings.hubspot.com/tim17
                      • Franchising 101 podcast website with a library of past episodes http://franchising101.net/
                      • The FranCoach Process YouTube playlist https://youtube.com/playlist?list=PL4vI6YTLAiqQfF8YT0Qi80YEsgHZZvqYf
                      • “In Their Words” YouTube playlist https://youtube.com/playlist?list=PL4vI6YTLAiqSAN8tEzKJ8FtEAm-ZPCJiX

                      • Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow.


                        If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it.


                        Sign up for our email newsletter at FranCoach.net


                        Interested in sponsoring the podcast? Contact us at [email protected]


                        Follow FranCoach:

                        Twitter: twitter.com/FranCoach4U

                        Facebook: facebook.com/francoach4u/

                        YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ

                        15 min

                      About Franchising 101

                      From the publisher's feed

                      Franchising 101 is THE premier podcast in the franchise industry. Hosted by Tim Parmeter, the Founder/CEO of FranCoach, Franchising 101 is designed to help educate listeners on all aspects of franchise ownership. Episodes feature a wide range of guest industry leaders, spotlights on top franchisors, interviews with franchisees, and more.

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