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S7 E11: The Portfolio Franchise Company Dominating the Home Services Industry & Building a Home Services Empire

S7 E11: The Portfolio Franchise Company Dominating the Home Services Industry & Building a Home Services Empire

FromFranchise Empires


S7 E11: The Portfolio Franchise Company Dominating the Home Services Industry & Building a Home Services Empire

FromFranchise Empires

ratings:
Length:
39 minutes
Released:
Dec 12, 2023
Format:
Podcast episode

Description

Meet Zach Beutler, the mastermind behind Horsepower Brands, a dynamo company dominating the home services franchise industry. With a portfolio of eight successful franchises, Zach shares his personal journey as a third-generation entrepreneur and the many valuable lessons he's learned along the way.
How does Horsepower Brands combine incubation and acquisition strategies to transform underperforming concepts into thriving businesses? Zach reveals how Horsepower courts potential brands and sets them apart from the competition through the unique shared services model they offer, including call centers, marketing agencies, accounting firms, and data analytics.
Zach also discusses the importance of finding great people and shares how Horsepower invested in its own recruiting company to ensure the success of its franchisees. 
And stay tuned as later, he and the Wolf commiserate over the first-year lifecycle of a franchisee, with Zach breaking down exactly how effective business management can lead to long-term success.
 
00:00:00 - Entrepreneur Shares Story of Franchise Success
00:01:19 - From Livestock Auction to Beefy Commerce: The Horsepower Story
00:04:40 - From Bankruptcy to Franchise Success
00:09:09 - Avoid Costly Mistakes When Signing Leases
00:12:52 - Horsepower Acquires Successful Home Services Franchise
00:16:56 - The Benefits of Horsepower's Shared Services Model
00:23:20 - Identifying Industries for Incubation and Acquisition
00:29:03 - Building Wealth Through Strategic Acquisitions
00:30:50 - Setting Expectations for Franchisees Success
00:33:58 - Navigating the First Year as a Franchisee
00:36:09 - Achieving Business Goals with EOS
00:39:00 - Discover the Buzz Franchise Brands
Learn More About Horsepower Brands: 
Website: https://horsepowerbrands.com/#Sponsors
 
Follow Zach: 
LinkedIn: https://www.linkedin.com/in/zachery-beutler/
 
Follow The Wolf: 
Newsletter: https://workweek.com/brand/the-wolf-of-franchises/
YouTube: https://www.youtube.com/@thewolfoffranchises
Twitter: https://twitter.com/franchisewolf
Website: https://www.krokit.com
 
Are you a future franchise entrepreneur? Find all of the tools you need to launch, operate, and expand your franchise empire with the platform created by The Wolf himself, Krokit.com.
 
And if you’ve enjoyed listening to Franchise Empires, I’d be so grateful if you could drop me a 5-star review on Rate My Podcast. Thank you so much!
Released:
Dec 12, 2023
Format:
Podcast episode

Titles in the series (100)

There’s more than one way to find financial freedom. Most startups are doomed to fail, but there’s an alternative route for hungry entrepreneurs. One that involves far less risk, far more work-life balance and just as much profit. Franchises. This is the podcast that gives aspiring franchise owners the playbook to build a multi-unit franchise empire of their own. Every episode we hear from guests who are building their franchise empire: Franchisees who started with one unit and aren’t stopping until they get to dozens, hundreds, or even thousands more locations. Hosted by The Wolf, you’ll hear exactly how to turn your ambition into tangible actions and take your first steps up the franchise ladder. You’ll get a breakdown on the steps you need to take open your first franchise, your second location, and beyond, along with the pitfalls to avoid. We answer all your questions about owning and running your franchise with relatable guests, sharing their first hand experience. To get started on your franchise owning journey, tune in on March 3rd for our season premiere, with new episodes every Tuesday. Make sure to subscribe wherever you get your podcasts.