Greg Mohr talks with Doug Shadle from Rhino 7 about his background and the early days of the company. They discuss helping emerging brands set up franchise systems, the dual role of franchisors and franchisees, and how to determine if a business should franchise. Key elements of a franchise disclosure document (FDD) and the benefits of franchising versus building independently are explored. They also assess business readiness for franchising and the impact of COVID-19 on different franchise industries. Finally, Doug shares how to contact Rhino 7 for franchise services.

(0:00) Introduction of Doug Shadle from rhino 7

(0:26) Doug Shadle's background and the early days of rhino 7

(1:47) Helping emerging brands and setting up franchise systems

(3:07) Being both franchisors and franchisees

(4:43) Determining if a business should become a franchise

(7:40) Key elements of a franchise disclosure document (FDD)

(12:14) Benefits of franchising vs. building independently

(15:26) Assessing a business's readiness to franchise

(20:00) Impact of COVID-19 on different franchise industries

(23:25) How to contact rhino 7 for franchise services