Talent Empowerment with Tom Finn

How Does the World of Franchising Work?


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Lance Graulich, the CEO of Eye On Franchising and an expert in franchising, shares insights on the misconceptions and benefits of franchise ownership. He addresses common concerns such as the cost of joining a franchise and the need for prior experience in a specific industry. Lance highlights the wide range of franchise opportunities available, including not only food and blue-collar industries but also business services, pets, and senior care. 


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📌TALKING POINTS

01:13 Misconceptions about Franchise Ownership

09:13 Franchise Success Stories and Earnings Claims

16:13 Franchise Opportunities in Home Services

25:18 Starting with One Franchise and Scaling

29:04 The Importance of Systems in Franchising

35:14 Benefits of Franchise Ownership

39:02 Franchise Categories and Finding the Right Fit


🌟ABOUT LANCE GRAULICH

Lance Graulich, known as the "King of Franchising," is the CEO of Eye On Franchising, a leading franchise consulting and development group representing over 800 franchise brands. He hosts the Eye on Franchising Podcast, with 300+ 5-star reviews and a top 1.5% global ranking. Lance's mission is to make business ownership accessible through franchising, having helped over 1,000 individuals become successful franchise owners and supported franchises like TGI Fridays to reach $225,000,000+ in revenue.


🔗CONNECT WITH LANCE

  • Website: LanceGraulich.com 
  • Instagram: https://www.instagram.com/lance.graulich/ 
  • LinkedIn: https://www.linkedin.com/in/lanceeyeonfranchising/ 


🔗CONNECT WITH TOM

  • Instagram: https://www.instagram.com/tomfinnovation/ 
  • LinkedIn: https://www.linkedin.com/in/tomfinnovation/ 
  • YouTube: https://www.youtube.com/@TomFinnovation/ 
  • X (Twitter): https://twitter.com/tomfinnovation 
  • Facebook: https://www.facebook.com/tomfinnovation 
  • Pinterest: https://www.pinterest.com/TomFinnovation/ 
  • TikTok: https://www.tiktok.com/@tomfinnovation


🎙️ABOUT THE PODCAST

Every week on the Talent Empowerment Podcast, Tom Finn, the dynamic Co-Founder and CEO of LeggUP, ventures into the minds of trailblazing CEOs, HR executives, and talent development savants from various industries to dive deep into their career paths, dissect their strategies for growing people-first culture in their organizations, and uncover how they’re driving talent innovation.

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Talent Empowerment with Tom FinnBy Tom Finn