Precision Garage Door Service®’s Post

The franchisor also teaches & guides you how to be more profitable in your business. That's the power 💪 of #Franchising!!!

Subway has a reputation for being a tough franchise system, not exactly franchisee-friendly. But here's a word of caution for all you franchise owners out there - tread carefully with private equity owned franchises. Why? Because these firms are notorious for pushing cash in, beefing up the P&L, and then exiting in about 5 years. This could mean multiple culture shifts for you as a franchisee, which might not always be in your favor. So, look for brands that are easier to run, have higher margins, and are owned by real founder owners. There are much better options out there for you. #SubwayAcquisition #PrivateEquityFranchises #FranchiseeChallenges

Subway has a reputation for being a tough franchise system, not exactly franchisee-friendly. But here's a word of caution for all you franchise owners out there - tread carefully with private equity owned franchises. Why? Because these firms are notorious for pushing cash in, beefing up the P&L, and then exiting in about 5 years. This could mean multiple culture shifts for you as a franchisee, which might not always be in your favor. So, look for brands that are easier to run, have higher margins, and are owned by real founder owners. There are much better options out there for you. #SubwayAcquisition #PrivateEquityFranchises #FranchiseeChallenges

🚨🎙️Joining us in the Franchise QB Coaches Corner today is Mike Grecky, CFC, Owner of Grecky Franchise Consulting🎙️🚨 Mike Grecky, a Certified Franchise Consultant with FranServe, Inc. and Owner of Grecky Franchise Consulting, shares his journey from corporate sales to owning his own cleaning business and eventually transitioning into franchise consulting. Takeaways Mike outlines the role of franchise coaches, consultants, and brokers in guiding entrepreneurs through the overwhelming landscape of franchise opportunities. Due diligence and thorough evaluation are important when considering franchise ownership. The characteristics and skills that make a successful franchise candidate, including relationship-building, sales experience, and business ownership background. The advantages of service-based businesses in franchising, including lower investment, less risk, and scalability. The gratification of helping entrepreneurs find the right franchise opportunity and realizing their entrepreneurial dreams. #Franchising #Entrepreneurship #sidehustle #FranchiseOpportunities #franchiseconsultant #franchises #franx #smb #buyabusiness

When considering franchise ownership, you will want to talk with the franchise owners in the system about the role of the owner. What are they doing every day, and does that correlate with what you've learned from the franchise development director? Is it something that you're going to enjoy? Will it get you out of bed every day? Did you think that there was cold calling involved in this franchise opportunity but in all reality, the franchisees are telling you it's not? Those are the types of things you want to learn. Two of the topics you will want to dig into with franchise owners around the country as you validate the franchise you are exploring include the financials and the role of the owner. Other topics are important to explore as well, such as the training, support, and culture of the franchisor. If you’d like help developing a list of questions to help you through the validation process, please reach out to me. I’d love to help! #franchising #franchiseownership #validationprocess

FranNet has been a leader in franchise consulting for over 35 years, making us pioneers in the field of franchise business ownership. With over 3,500 franchises, navigating the options can be overwhelming. That’s where FranNet come in. At FranNet, we simplify this process by offering expert guidance, personalized support, and a confidential proprietary Entrepreneur Profile. We thoroughly vet each franchise opportunity to ensure it meets high standards and offers the potential for significant financial success. Our mission is to help you find a franchise that aligns with your goals and has the potential to provide the income you enjoyed in Corporate America. A trusted advisor who has evaluated and selected top franchise opportunities can be invaluable when considering franchise ownership or any business venture. FranNet is the only franchising consultancy that rigorously vets all our franchise partners, ensuring they are equipped to help you achieve your financial and career aspirations. At FranNet, your success is our priority! #FranchiseLeadership #ExpertGuidance #BusinessOwnershipJourney #FranNetSuccess

Senior Care franchises provide some of THE BEST bang for your buck on a franchise investment. Nearly every system features average gross revenue per territory of $1M+ and investment less than $150k. I know from personal experience how large you can grow one of these franchises and create REAL generational wealth. Want my top senior care franchise picks for your market? Schedule a quick call below:

Do franchise consultants have your best interest in mind? The common way to buy a franchise is to work with a franchise consultant/broker and have them help you find a franchise. They help assess your skillsets, goals, and financial situations... And with that info help you go out and find a franchise. But, here's the catch - most consultants/brokers are paid only by commission. So if you don't select one of their franchises, they don't get paid. Now the question is, do you think this makes franchise consultants bais? Or are they a crucial part of the franchise process?

Pillars--When most people think of franchising, they think of big brands or corporations. However, local franchise owners are the pillars in the communities in which they serve, and it's fun and rewarding! They are local business owners who operate a local franchise in their hometown. As a Certified Franchise Consultant, I help educate people just like you and me how to become a franchise owner. What is behind the hometown name-brands is an entrepreneur making that connection becoming the heartbeat of their community. Through my franchise consulting expertise, I educate my candidates on how they, too, can realize their dreams of business ownership in their community through franchising. They can start as big or small as they like, either home-based or store-front. They can choose to have employees or not. There are so many options and industries that franchise consultants can share with their candidates. It only makes sense to enlist the services of a Certified Franchise Consultant who works for you! #thankyou #frantastic #lovemyjob #franchiseconsultant #changinglives  Franchises Bliss

I have a friend who introduced me to franchising and told me about franchise ownership as a path to business ownership. When Merri came to me and asked, “Have you ever considered franchise ownership?” I hadn’t. In fact, I knew very little about the franchise industry. What I quickly learned was that franchise ownership is the best of two worlds. You get the training and the support that you would get from a corporate job, but you also get the independence and the freedom of business ownership. Basically, you’re in business for yourself, not by yourself. Franchise ownership can lead to great success without a limit to how much money you can make. That means no more “glass ceilings” on your salary. You can grow your business as big or as small as you like. You are able to spend time with your family, have more flexibility in your schedule and do the things that you like, all while you are running your own business. Plus you don’t have to figure everything out yourself and wonder if the systems and processes will work because the franchises have already tried and proven their systems. If you're interested in learning more about how you can look into franchise options, and whether or not franchise ownership is for you, message me, I would be happy to talk to you about what your options are. #franchising #franchiseownership #businessopportunity