Franchise Foundations: Five Must-Ask Questions to Secure Your Franchise Success

Jun 14, 2024 · 13m 43s
Franchise Foundations: Five Must-Ask Questions to Secure Your Franchise Success
Description

On this episode of Franchise Together, we go deep into the five crucial questions you must consider before signing on the dotted line of franchise ownership.  Whether you're looking for...

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On this episode of Franchise Together, we go deep into the five crucial questions you must consider before signing on the dotted line of franchise ownership. 

Whether you're looking for freedom from corporate life or seeking the excitement of entrepreneurship with a built-in safety net, this episode is your personal guide through the maze of opportunities.

What You’ll Discover:

📝 00:13 - Essential Inquiry: Explore how different franchise types—from home-based to brick-and-mortar—affect your daily life and personal freedom.

🎯 02:29 - Goal Alignment: Look at how to match a franchise’s potential with your personal goals.

🧠 04:56 - Learning Curve: Whether you’re a lifelong learner or looking for a seamless transition, we discuss the educational journey that comes with each franchise.

🌍 07:01 - Market Dynamics: Identify how to assess market saturation and the unique value proposition of your potential franchise to stand out in the crowd.

🛠️ 09:25 - System Strength: We dive into the indicators of a robust franchise system and why due diligence is critical in your decision-making process.

By the end of this episode, you'll be equipped to make informed decisions that align with your values and visions for the future.


ABOUT THE SHOW

From a high school science teacher and minister to owning and operating an award-winning, 7 figure franchise concept with multiple territories, Mack and Sharon Strange have a unique story to tell.

The “Franchise Together” podcast explores how YOU can go from “start” to “success” in franchising - no matter your professional background or current financial situation.

From their home in Tennessee, Mack and Sharon share their biggest insights, ideas and observations as a husband-and-wife duo that owns and operates multiple franchises.

In addition, Mack and Sharon help other aspiring entrepreneurs as certified Franchise Consultants. They’ll serve as your trusted guide to help you explore every aspect of franchising - from start to success!

Frequently asked questions (FAQs)

Q: How much do your services cost? 
A: As Franchise Consultants, there’s no fee for our services. We’re compensated by franchisors only if and when you decide to move forward with (and are approved for) franchise ownership.

Q: What do you do?
A:  Our role is to serve as a trusted guide and educational resource.

Episode Links
🔗Connect with Mack on LinkedIn
🔗Connect with Sharon on LinkedIn
📲 Schedule a free consultation with Mack
📲 Schedule a free consultation with Sharon
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Author Sharon Strange
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