Send us a text
Summary
In this conversation, Branden Sewell interviews Kyle Heck, a franchise consultant, about the process of franchising a business. They discuss the importance of building systems and processes in a business to make it less reliant on the owner, the value of buying into a franchise for guidance and support, and the different franchise models available. They also touch on the need for business owners to think beyond the day-to-day operations and consider exit strategies such as selling the business or handing it off to family members.
Keywords
franchising, business systems, exit strategies, franchise models, guidance and support
Takeaways
- Building systems and processes in a business is crucial for its long-term success and to make it less reliant on the owner.
- Buying into a franchise can provide guidance and support to navigate the challenges of running a business.
- There are different franchise models available to accommodate different preferences and skill sets.
- Business owners should think beyond the day-to-day operations and consider exit strategies such as selling the business or handing it off to family members.
Titles
- The Value of Buying into a Franchise
- Exploring Different Franchise Models
Sound Bites
- "Building a business where it's not revolving around you opens up opportunities like franchising or selling your business."
- "Most franchises are not household names. They're often in niches you wouldn't expect."
- "When you turn your business into a franchise, you're running a very different business."
Chapters
00:00
Introduction and Background
01:13
The Role of a Franchise Consultant
03:24
Building Systems and Processes for Business Success
05:20
Becoming a Franchisor: Advice and Considerations
08:26
The Value of Buying into a Franchise
09:25
Running a Different Business as a Franchisor
10:10
Technical Difficulties
Get More Reviews w/ NiceJob
NiceJob Automates Your Review Requests!
Grow Your Business with Jobber
Sign up for a 14-day free trial or get a special discount when you sign up!
Grow Your Business with Jobber Sign up for a 14-day free trial or get a special discount when you sign up!
Get More Reviews w/ NiceJobNiceJob Automates Your Review Requests!
The Perfect Payroll SolutionGusto is a powerful and user friendly payroll provider. With Gusto you can integrate with Jobber and
Maximize Marketing Dollars w/ CallRailAttach call tracking numbers to all your marketing campaigns and track their success!
Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.
Support the show
