Show Notes

There is a franchise that is right for you! Greg Mohr, a franchise specialist and consultant, shares his journey into franchising and provides insights into the world of franchises. He discusses the options available for starting a franchise, including service industry franchises that require a lower investment.

Greg also explains the financing options and the expected return and income from franchises. He emphasizes the importance of due diligence and the matchmaking process to find the right franchise. Greg dispels myths and misconceptions about franchising and shares success stories of clients who have found success in the franchise industry.

Greg may be reached through:
Franchise Maven website - https://www.franchisemaven.net
Greg's YouTube channel - https://www.youtube.com/channel/UCKS_rHI9GZ38bu7Kd0tFi3g
LinkedIn - https://www.linkedin.com/in/gregorykmohr

Greg introduces his book, 'Real Freedom, Why Franchises Are Worth Considering', which provides a comprehensive guide to finding the right franchise. ( https://www.amazon.com/Real-Freedom-Franchises-Considering-Building/dp/195664945X/ )

Takeaways

• Franchises offer a range of options for starting a business, including service industry franchises that require a lower investment.
• Financing options for franchises are available, and funding is relatively easy due to the proven track record of franchises.
• Success rates of franchises are generally high, with many franchises aiming for a six-figure income for franchisees.
• The matchmaking process for finding the right franchise involves understanding the individual's skills, goals, and preferences.
• Franchising myths include the belief that franchises require a large upfront investment and full-time commitment.
• The timeline for starting a franchise can vary, but it typically takes a few months to find a franchise and a few more months to start generating revenue.