F * Ups Franchisee Screw-Ups That Can Cost You Thousands


In this week's episode, Josh is talking about taxes with Craig Cody. In addition to being a If you are a restaurant owner, you probably already know that there are a couple of different models for business growth. In the restaurant space, franchising tends to be one of the more popular models. From fast food joints to fine dining From self-driving cars, to medical breakthroughs, to augmented reality cell Robert and Bill are long-time friends who recently teamed up with the goal of helping business owners, leaders, and entrepreneurs reach their full potential.

Are you a business owner who has recently entered the franchise space? Or, are you a business owner with a goal of franchising your business in the future? If so, this episode is for you! I talk a lot on this podcast about how to scale and If you are like most people, you probably began by setting new goals for yourself and your business. Tune in this week to hear Josh give tips on how to get those goals back on This week on Franchise Euphoria, Paul Maskill discusses his unique experience as a franchisee for TGA, which allowed him to combine his passion for business and sports.

Paul graduated from the University of Michigan in with a degree in Finance Truthfully, there is no one-size-fits-all answer. Every business is different, and perhaps more importantly, every business owner is different This week on Franchise Euphoria, I am doing a throwback to one of my favorite episodes where I had the opportunity to interview Matt Frey. Don started his professional life in the corporate world working for Fortune companies that were market leaders in their industry, in a finance and operations capacity.

He took his experience to small businesses working hand-in-hand with the In this podcast, Andy Medley tells us how he has implemented an open book management policy and "business as a game" philosophy to build successful companies, without sacrificing core values or work culture. Andy has spent his career leading fast Then she left that world behind and purchased a Bricks 4 Kidz franchise.

That was 3 years This week, Ty Crandall brings his passion for helping entrepreneurs and knowledge of the business credit world to the show. Ty is the founder and Chief Executive Officer of Credit Suite, a team dedicated to helping entrepreneurs obtain money and Eliot Wagonheim is a lawyer, writer, speaker, and strategist. As an acclaimed business lawyer, Eliot has represented organizations of every size and type, including some of the most celebrated companies in the country.

He developed his Fire, Brand quality and delivery has a huge impact on sales. I pay attention to all the little details when I go into any business. It is a huge pet peeve of mine to go to a really good restaurant and get take-out and the restaurant.. Wrapping up National Small Business Week.

Thrilled to do one more daily episode in celebration of small businesses. Today I am talking about something I get asked about all the time.

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Should you franchise your business or remain independent? Still going strong for National Small Business Week. Today I am talking about the benefits of treating your business like a franchise. This is near and dear to my heart and I find it very interesting.

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Over the years of working with franchise systems Celebrating everything that is fantastic about small business and small business ownership. I'm keeping the daily episodes coming for National Small Business Week. I absolutely love small businesses, many of which , of course, are franchises. Day two of my daily episode celebration of National Small Business Week.

Today is all about accounting. Many feel me included that accounting is boring and depressing, and that's without adding in taxes. It is a crucial aspect of any kind of This week is National Small Business Week. We are celebratinghow awesome it is to be a franchise owner, small business owner, oran entrepreneur doing your own thing.

In honor of this amazing weekI am releasing new episodes every day! Clean True Wealth with Jason Treu. I'm so excited to have Jason Treu on the show today! One of the things that has been so interesting of late is that I have had an influx of people contacting me interested in taking their business and turning it into a franchise. There is a lot of misinformation out there about franchising. Single Grain has worked with Fortune companies such as Salesforce, Yahoo!

Mike is the the general manager of Social Joey, a social media management company. He began his carrier in marketing with his families construction business while in he was college. He has been working in the space ever since. Mike was recruited by Sharon Livingston For over 25 years Dr. Sharon Livingston, founder and president of The Livingston Group for Emotional Marketing, has been one of the most prominent leaders in the field of motivational research and Insight Mining.

I am thrilled to have Carmen Torres on the show today! This is the first time I have had an HR specialist on the show and it is long overdue. In this time, she has Clean The Amazing Michael Stelzner. Clean Biggest Question In Franchising. There is one question that I get asked so often that I think the answer deserves a replay. I can't count the number of times I have been asked this question.

The problem with it is that it is exactly the wrong question to be asking.

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I'm not sure why, but there are a lot of people rushing into franchising lately. Don't get me wrong, of course I don't think franchising is bad.

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Despite the promise of proven success offered by attractive franchise models, your real results can, and will, vary wildly. Profits, or losses, will be greatly. SPEAK Certified Master Speakers (CMS). All of our speakers not only meet our highest professional speaker performance standards. But are trained to infuse.

The beginning of a new year has me looking ahead and looking back. I took a look at last year's statistics and found the most downloaded episode of the year. Cliff is an attorney with 35 years of Our culture loves the independent business. Franchises can seem a little more corporate.

This is actually a myth. When you own a franchise you are indeed a locally owned and operated business. Your are just part of a larger brand. Laura Novak Meyer is on the show today. Her fresh sensibility and talent for putting clients at ease led to a successful business and ample recognition in the media and within the photography industry. But all of the success left her lacking Frank is an entrepreneur, investor, and author of three books with 20 years of entrepreneurial experience. His passion and mission is learning, living, and sharing the journey of Today on Franchise Euphoria the amazing Dr.

Clark Gaither, also known as Dr. Clark helps the burned out professional reignite with passion and purpose. He has known first-hand the pain and value of struggle having faced such difficult Clean Entrepreneur Mentor Loren Kutsko!

Video review of F*Ups, Franchisee Screw-Ups

Loren was educated at the Indiana University School of Informatics and paid his own way through school by providing IT support to faculty and staff of the University. Matt Miller spent the first 9 years of his career as an Air Force pilot, before entering the private sector to work in both the medical device and advertising industries.

While a top performer in the corporate world, his long term desire was to be his.. Clean Thanksgiving with John David Mann. Having possessed the entrepreneurial spirit from an early age he had done some truly amazing things, from helping create his own high school to Sought after speaker and co-author of The Go-Giver, which as sold over a half a million copies in 21 different languages, joins us today. The expanded version of The Go-Giver is now being released. The Go-Giver is a business parable about shifting I've been involved in franchising and franchise law for a number of years now and one of the things I have realized is that multi-unit franchisees tend to have more success than single unit owner-operators.

Obviously this is not true in every case but.. Many of those looking to purchase a franchise go into the process believing that the systems and processes that they are provided by the franchisor are all that is needed for them to have franchise success. You are provided systems and operations to Clean Take Extra Care. Buying any business is risky.

Nothing is a guaranteed success. There are some franchises that you need to take a little extra caution with. This doesn't mean that you should avoid these all together just that you need to take a little extra care to Buying a franchise is very exciting and costly. I often have people reach out to me to help them fix mistakes they have made concerning their franchise. While this is great for business I love to help people avoid these very expensive mistakes Today is all about things you just need to stop doing! Businesses are always evolving and a sometimes the systems we had just don't work anymore.

You need to take a step back and simplify things because over complicated business practices will cost Clean Unique Franchise Opportunities. Do you know what kind of support you will be getting from your franchisor? I'll show you where to look in your FDD and exactly what questions you should be asking to get a clear picture of how much support you will be getting from your franchisor Should you consider franchising for you business?

Franchising is a great model to use for growing your business. I'm going to give you 4 great reasons why franchising might be right for you.

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Struggling to succeed in your franchise? Clean Personalities and Disguises! I get up close and personal today on Franchise Euphoria. I'm asking the tough question "Is your personality holding you back from sucess? Then I dive into whether your business is really Clean Franchising A Food Truck. This week is about a unique franchise opportunity. This could be a low cost business venture with huge returns. Listen in as I explain how to go Two groups hold the keys to your success. These are your staff and your customers.

This week I am sharing with you tips for keeping your staff happy and on how to create raving customers Clean Have Your Cake And Eat It Too! Eventual Millionaire and rock star entrepreneur Jaime Tardy shares her philosophy on how to make money without sacrificing the lifestyle you deserve. Looking to get into the franchise business or struggling with your marketing? Today on Franchise Euphoria we tackle both of these difficult topics. Marketing and business building expert, Jim Palmer is here to share his amazing story from small Ready to learn a unique and free!

When we think of business growth we often think about things like ads, sales, and customer satisfaction. Are you wondering if you are right for franchising or if you have found the right franchise? If so, please tune in to this episode. Joel is a franchise ownership advisor. There are a lot of statistics out there on how successful franchises are, how financially stable, how happy owners are, and if they would recommend that system to others. Clean Social Media and Franchising. Social Media and Franchising Whether you are buying a franchise or turning your business into a franchise or just engaged in an entrepreneurial venture social media is an important part of that.

Social media touches upon so many aspects of any Whether or not you are looking to purchase a franchise or turn your business into a franchise I find that people want to move fast. There is anxiety involved with purchasing a franchise or expansion of your own business. This anxiety can push Aaron Walker from View From the Top joins me today to discuss how to find success in business and significance in life.

Aaron has inspired many through his leadership, mentorship, and consistent pursuit of excellence. We discuss maintaining a feeling Does the franchise system need to be reformed? Before answering that question how much do you know about franchising. Feedback Have any suggestions A very important consideration when you buy a franchise that virtually nobody thinks of is what happens if you are too successful.

Most people that approach a business come at it from a perspective of what if I fail. Very few think about the I've spoken on the importance of due diligence more than once but you really cannot short change it. It can really come back to bite you. They are all in a rush. They think they have found the perfect franchise and want to rush things ahead so that they won't miss out. Clean Franchisee Bill of Rights! Fagan is currently working with several of her constituents that are franchisees. They are working on a Franchisee Bill of Rights for the state of Oregon.

This would be a first of its Today I am sharing the best piece of business advice that I have ever received. Start with the end game in mind. What that does actually mean? What does that mean for you and your franchise? Or the franchise that you are considering to When you go to buy a franchise should you just look at buying one franchise or should you look at the opportunity of becoming an area developer for that franchise system?

Some people may not even know what that is. I explain what an area developer is,.. Are you looking to get back into the small business game? Cliff is an attorney with 35 years of experience in the franchise world. Do you really own your franchise? On the surface this seems like a very simple question. Of course you own it. You bought it, it's yours It is not quite as simple as that. Listen in to hear the ins and outs of owning a Thrilled to have Grant Baldwin on the show. Grant is a speaker, coach, podcaster and former franchise owner.

He experienced the life of a franchisee, decided to go in another direction and has since built a couple successful businesses. And it may be one that you have not thought about. In my legal practice I come across many issues in the franchise space. Many of these can be avoided if you do your homework ahead of time which is why I always urge people to have representation before signing an agreement. There are three very Clean Achieve Financial Wellness!

Financial wellness is not only about today but also about your future and the future of your business. Learn the difference between financial wellness and financial planning, Are you buying ads to get customers only to have to buy more ads to get more customers? Feel like you are that annoying guy on the corner yelling here I am, buy my product?

It can be a frustrating and endless cycle.

By By Josh Brown: Business Lawyer, Entrepreneur, Franchise Authority and Coach

Kim delivers what entrepreneurs, small and midsize businesses need to do to attract leads and grow new customers. We all know that things like social media and technology are aspects of our business that need attention. Listen in to learn the six things you need to consider before you determine if you are ready.. He is instrumental in ensuring that uBreakiFix partners with the right individuals to represent the brand in new and growing markets. Lorri works with spunky people who want to craft better messages and organizations that need to communicate quickly in crisis. Nunzio Presta is an ex-professional athlete turned entrepreneur. But most, if not all, of these things can be overcome if you create raving fans for your business.

Clean Best of Franchise Euphoria: A year ago I had the awesome pleasure of recording one of my all-time favorite interviews. I am talking about the incredible Michael Gerber.

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Listen for the first time or listen again Clean Financial Success with Roger Whitney. Are you making good financial decisions for you and your business? Do you know what you should be focusing on to not only grow your business but also to work toward your retirement? Clean Make Your Year! Make Your Year! Happy New Year everyone! For the first episode of I wanted something extra special and extra inspiring.

I want to be your year. I want you to overcome your fears and the obstacles holding you back. You are not alone. The hard part is these mistakes can be very costly. Are you working 70 hour work weeks? Exhausted from working in your business and ready to work on it instead? Tim Francis has been in that same spot and he joins me today on Franchise Euphoria to teach you what you Clean Kate Taylor from Entrepreneur.

Kate Taylor from Entreprenuer. As a staff writer from the franchise section of entrepreneur. We go over franchising The average attention span used to be about 7 minutes. Today it is even shorter, making it harder and harder and to attract and keep the attention of customers.

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Jeff Long discusses how you can use videos and e-learning in your business to Art launched a hamburger stand at the age of He turned this into a succesful family business by implementing franchise-like systems into the daily operations of the business. Art has utilized this model in several businesses since, and Many of us have a business idea or even a business dream.

Taking those first few steps to make that a reality is scary and there are always people around that will question the risks you are taking. This can easily lead you to question yourself This is a key element to the success of any business. Joining me on this episode to share his expertise is Rick Day from I was absolutely fascinated by his interview. As president of the largest restaurant franchise in the world over 35, locations he will still occasionally Clean Getting Unstuck with Frank Gustafson.

Getting Unstuck with Frank Gustafson Feeling stuck can occur in any career, whether you are working part time or bringing in six figures. The question is how to get unstuck? Frank Gustafson joins me in this episode from One Bold Move to give us some Clean Immigration and Franchising.

Immigration and Franchising Immigration and franchising have more in common than you might first expect. Franchising is a great way for foreign nationals to start business here in the U. Susan shares with us a ton of business tips to help you get your business on the right track for success. She is fun and full of insight from how to.. They focus on business principles essential to running and growing a franchise and business. Want to learn one of the most Chris is a dynamic entrepreneur that encourages you to embrace your inner freak.

Kevin Ortner Kevin Ortner joins me today with a unique perspective on franchising. He is both a franchisor and a franchisee with Renters Warehouse. He walks us through expanding the business to a second location through franchising to over a Having systems in your business not only makes you more efficient but ultimately makes you more profitable. It is going to especially be helpful for Your URL, state business registration, and a trademark are three very different things. Just because a name is available for a URL and even a business registration does not mean that you have the right to use that name.

A lot of small business I am a huge proponent of franchising All too often, though, it is done wrong. People focus on the wrong things i. Clean Veteran On the Move. I recently had the pleasure of being interviewed by Joe Crane from Veteran on the Move. I enjoyed it so much that I had to share it with you. Joe Crane is founder and host of Veteran On the Move podcast. He acts as a pathfinder to freedom, guiding Clean Stop Complicating Your Business! Simple businesses work, and they work well. Often when we start a business we start with a clear vision in our head of what that business will look like.

But once we start getting into the process of working in the business and dealing with Clean Stop Dreaming, Start Doing. Dreams can be interesting, scary, exciting, terrifying, or just plain bizarre. The only thing consistent about dreams is that everybody has them. In fact, researchers have found that most people have multiple dreams each night, yet often can't Every customer or client interaction that you have creates some sort of experience with an emotional component. It can be good or it can be bad. So, how do you deliver your services that will drive a positive experience?

Many people ask me if they should buy a franchise or start their own business. It seems a simple enough question but it is actually very complicated and loaded with many considerations. Listen in as I go over some of these considerations. Clean 4 Ways Creative Franchisees Prosper. Many people erroneously believe that franchising strips away all creativity from the entrepreneur turned franchisee.

Good franchising, though, provides the system, process, and brand while simultaneously allowing the owner to utilize creativity Philip Campbell One of most important aspects of any business is the financial side. It is also one of the most dreaded aspects and because of that many do not have a clear understanding of it. This can be a crucial mistake. Have you decided that a franchise opportunity is the right business opportunity for you but not sure what your next step should be? Most often people turn to the internet to start their search for the right business. Kricket is known for her dynamic and interactive presentations.

For over 15 years her clients have included: From the Fortune to medium sized organizations, her experience spans corporate and government organizations. Andy Miller is CEO of Big Swift Kick, a sales strategy and performance consulting firm that specializes in helping CEOs of midsize companies double their speed at which they double their organic growth.

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During his 12 years there, SSI was the largest sales training franchise out of worldwide. Andy has personally trained over 23, sales and business development professionals. A few of his clients include: Prior to Sandler, Andy started an international software company in the Netherlands at age She helps her clients to not only develop the marketing to build their businesses but also the mindset to support it. LoriAnne is a speaker, author and radio host. Mistakes, detours and unexpected life events has shaped and led LoriAnne to give her clients leadership with a key ingredient — resilience.

LoriAnne speaks around the country in helping audiences become comfortable with being uncomfortable when discussing and making money. This allows them to step into their full potential and give them the freedom they want in their lives. Her latest work is Overcoming Mediocrity: Remarkable Women , a collaborative work in displaying courage and resiliency.

Her point of view is simple: