Our CEO, Tom Dufore, was honored to join Chris Lalomia on his podcast, The Small Business Safari to talk about all things franchising. If you’re looking to franchise or just looking for some potential next steps, this one is for you.
Listen in to learn:
1. Who qualifies to franchise? The 3 things Tom looks for in a potential client include: a profitable prototype, a business model with a national customer base, and the ability to train someone else to execute this business model.
2. Franchising can be part of your exit strategy, but don’t take too big of a step back too soon or it could blow up in your face!
3. Watch your numbers! Tom and other franchising consultants want to work with a business that is accurate and up to date on their numbers. It will make everyone’s life easier in the long run.
