Eye On Franchising

How To Open Your 1st Business

Episode Summary

As an experienced franchise owner, I am dedicated to helping others succeed in franchising. With hundreds of trusted franchise options, I share some personal favorites, emphasizing that while these may not suit everyone, they are brands I strongly believe in, as well as addressing frequently asked questions about franchising for 2024. I share with you my franchise journey with Krispy Kreme and Wingstop as well as creating and starting my own brands like Pink Box Donuts in Las Vegas. Prior experience in a business isn’t necessary to buy or succeed in it. I highlight the success story of a top-performing franchisee with Home Helpers, a brand with over 300 franchisees. The franchisee reportedly generated $26 million in revenue last year, showcasing impressive results. I emphasize the importance of evaluating your role in building company culture, offering competitive compensation, and retaining employees. While market challenges can affect hiring, the ultimate responsibility often lies with leadership. Retaining talent isn't solely about money; it’s about creating a supportive and attractive work environment.

Episode Notes

As an experienced franchise owner, I am dedicated to helping others succeed in franchising. With hundreds of trusted franchise options, I share some personal favorites, emphasizing that while these may not suit everyone, they are brands  I strongly believe in, as well as addressing  frequently asked questions about franchising for 2024.

I share with you my franchise journey with Krispy Kreme and Wingstop as well as creating and starting my own brands like Pink Box Donuts  in Las Vegas. Prior experience in a business isn’t necessary to buy or succeed in it. I highlight  the success story of a top-performing franchisee with Home Helpers, a brand with over 300 franchisees. The franchisee reportedly generated $26 million in revenue last year, showcasing impressive results.

I emphasize the importance of evaluating your role in building company culture, offering competitive compensation, and retaining employees. While market challenges can affect hiring, the ultimate responsibility often lies with leadership. Retaining talent isn't solely about money; it’s about creating a supportive and attractive work environment.

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Link to Youtube: 

https://youtu.be/dKCZSRm6gZc?si=D48EANvqhSpyqsE