DESCRIPTION:

John Hayes hosts Jack and Jill Johnson from Franchise Insiders on the Franchise Hot 

Seat Podcast. The Johnsons' franchising journey began with Jack's father founding 

Home Care Assistance after a franchise rejection, which evolved into a successful 

family business. As franchise consultants, they guide others through the complex 

franchising world. Key topics include the necessity of thoroughly evaluating 

franchises, consulting with current franchise owners, and understanding the 

commitment needed for franchise success. They highlight home services and 

healthcare franchises as solid choices, while food and retail franchises may present 

greater risks and expenses. The Johnsons recount their experience owning and 

subsequently selling a Pink's franchise, underscoring the importance of an initial exit 

strategy. They urge younger individuals to enter franchising early and highlight the 

significance of active ownership. The podcast's objective is to offer valuable insights 

for potential franchise investors.

- With Jack and Jill Johnson.

TIMESTAMPS:

00:00 Intro

00:31 How did you discover franchising?

01:56 How to evaluate franchise opportunities?

04:21 Why become a FranServe consultant?

08:10 Why are home services franchises valuable?

10:43 Is semi-absentee ownership realistic?

18:18 How to avoid common franchise pitfalls?

26:33 Why is exit planning crucial?

32:00 How to choose the right franchise?

42:46 Are young entrepreneurs good for franchising?

LINKS:

WEBSITE: http://franchisehotseats.com/

LinkedIn: https://www.linkedin.com/in/drjohnhayes/

Twitter: https://twitter.com/drjohnhayes

YouTube: https://www.youtube.com/c/Howtobuyafranchise

Instagram: https://www.instagram.com/hayesjph/

TikTok: https://www.tiktok.com/@johnphayesfranchise

Pinterest: https://www.pinterest.com/DrJohnHayes/

Facebook: https://www.facebook.com/franchisehotseatpodcast