In this episode of Knack 4 Business, we’re joined by Lori Karpman, CEO of Lori Karpman & Company, a multi-award-winning franchise expert. From her roots as a tax lawyer to becoming one of the top voices in franchising, Lori walks us through how entrepreneurs can grow smart by using franchising as a business model right from the start.

Lori dives deep into what makes a franchise model successful, how to vet potential franchisees, and how to maintain standards while scaling. You'll also learn about trending franchise industries like medical and health spas, and how operations manuals and SOPs can become your brand's secret weapon.

If you're thinking about franchising or want to grow your brand without burning out, this is the episode for you.

Key Topics Covered:

• How Lori went from tax law to franchising pro
• Why setting up with franchising in mind is smart from day one
• What makes a great franchisee vs a bad one
• The role of SOPs and operations manuals
• The rise of medical and wellness franchise models
• Financial aspects of franchising and making it profitable
• Lori’s top advice for entrepreneurs ready to scale

Guest Details:
Lori Karpman  📧 Email: [email protected]   🌐 Website: lorikarpman.com

Sponsors:

🎬 Descript - Edit audio & video with AI the easy way → http://tinyurl.com/3ns72bdk

🏘️ Property Wizard Podcast – Learn real estate with Fred Crouch → https://tinyurl.com/3psh5bdk

Support Shout-Outs:

🎧 Carl Richards – Podcast Solutions Made Simple
🏠 Fred Crouch – Property Wizard Podcast
🧠 Jovan Strika – @Hive
🤝Melanie Webber– Business partner extraordinaire
🎙️ Wayne Pratt – Motive8U Inc

Contact Us:
💌 Questions or comments? Email us at [email protected]

Let us motivate you.

Disclaimer: Please note that the Knack 4 Business podcast episodes are meant solely for educational and general informational purposes. The information and opinions contained within are not intended to be professional advice on any subject matter. The thoughts, views, and opinions expressed by the participants are their own beliefs and do not represent the views of the podcast hosts or any affiliated organizations.

It is important to note that this podcast is not a replacement for consulting with certified experts in your area who possess knowledge of your unique situation. The hosts of the podcast, along with any participants or affiliated groups, do not take responsibility for any actions taken or not taken based on the information presented in this episode.

It is highly recommended that individuals seek guidance from their advisors in fields such as accounting, law, or other pertinent areas prior to undertaking any actions or making decisions that may impact their financial, legal, or other aspects of life.