Episode 97
What if your successful business isn't suitable for franchising? In this episode, Don Shin, the Founder of Franchise Building Expert, breaks down the common mistakes that entrepreneurs make when attempting to expand through franchising. From understanding the financial aspects of each unit to creating a systematic approach, Don shares what separates brands that hit 100+ units from those that stall at 10.
About the Host:
Jamie Shanks is the CEO of Get Levrg and Pipeline Signals. He’s helped over 250,000 professionals grow with systems, not stress. Today, he coaches founders on scaling smart through trust-led teams and proven playbooks.
LinkedIn: https://www.linkedin.com/in/jamestshanks
Don Schin is the Founder and CEO of Franchise Building Expert, a company that helps business owners scale through franchising the right way. Don’s team works hands-on with brands to transform high-performing businesses into franchise-ready systems while avoiding the common traps that stall growth. With decades of franchising experience, Don has helped emerging brands enter the market, build effective networks, and connect the right people with the right brands. Whether you're an entrepreneur seeking growth or a potential business owner looking for the right opportunity, Don has created a detailed plan for both.
LinkedIn:https://www.linkedin.com/in/eladstern/
In this episode of "Outsource to Profit," Jamie Shanks chats with Don Shin, the founder of Franchise Building Expert, to delve into the challenges of expanding through franchising. Don highlights that franchising is not just an expansion of your business, but a distinct business model that many founders underestimate. They discuss the common reasons why many brands struggle to grow beyond 100 units, including weak unit economics, lack of systemization, and mismatched franchisees. Don stresses the importance of not only being profitable but also having clear, repeatable, and scalable systems in place. He also underscores the significance of attracting the right partners and focusing on their profitability at the unit level for success in franchising. This episode provides practical insights for founders considering franchise expansion or facing difficulties in growing an existing franchise network. It offers a candid look at the essential elements needed to build a successful franchise system.
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