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S8 E2: AMA with The Wolf of Franchises

S8 E2: AMA with The Wolf of Franchises

FromFranchise Empires


S8 E2: AMA with The Wolf of Franchises

FromFranchise Empires

ratings:
Length:
22 minutes
Released:
Jan 30, 2024
Format:
Podcast episode

Description

It’s time for the listeners to “Ask Me Anything”!
When does a franchise restaurant become a viable investment? The answer may vary depending on factors such as the number of units and states involved, as well as an individual's risk appetite. Discover the key considerations that can help determine the right time to invest in a franchise.
In this episode, The Wolf also shares his thoughts on the future of franchising, highlighting the food and beverage category as a major player. Find out which franchise category he is most bullish on.
If you're interested in buying an emerging brand, dive in and learn what factors to consider to increase your chances of success. 

00:00:02 - Key Factors to Evaluate Emerging Brands
00:01:57 - Building a Scalable Brand with Replica Operations
00:02:54 - Assessing the Financial Health of Franchise Brands
00:05:15 - Top Franchise Categories to Watch
00:08:36 - When Does a Franchise Restaurant Become a Viable Investment?
00:11:48 - The Relevance of Franchises in the Age of Information
00:12:59 - Defining and Protecting Territories for Franchise Concepts
00:18:53 - Identifying the Franchise with Highest Failure Rate

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:
Jan 30, 2024
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.