Franchise Euphoria: Franchise Insights | Entrepreneurial Coaching | Business Training | Legal And Financial Strategy

We have the opportunity to talk with Matt Miller from School Spirit Vending. This is his second time on our show and since his last visit, his business has grown tremendously. He is approaching 109 locations. Matt transitioned from a distributorship model to a franchise model. There are have been challenges along the way, but today he has a thriving business that provides passive income for families and allows schools to fundraise through vending machines. He continues to grow and develop his business. His focus is on people and maintaining a positive culture. He delivers two podcasts a week to his team. He believes it is his responsibility to provide value and help his franchisees be as successful as possible.   Key Takeaways: [:36] Matt Miller is welcomed to the show. [1:57] Matt recaps what School Spirit Vending is. [3:00] In the beginning, School Spirit Vending often starts as a side hustle for franchisees. [5:41] School Spirit Vending is a system where proprietary vending machines are set up in schools.

Victoria Murray is a Senior Regional Director for a franchise called OpenWorks, a leading national commercial cleaning and facilities services company established in Phoenix, Arizona, in 1983. Through their franchise owners and preferred partners, OpenWorks services more than 2,500 facilities each day across the United States. They offer more than simple cleaning and maintenance. They help their customers fundamentally improve their work environment. Their services include janitorial, landscape, maintenance, pest control, handyman supply management, and much more.   Key Takeaways: [1:19] Josh welcomes Victoria Murray to the show. [2:55] The founder, Eric, started OpenWorks in 1983 to franchise commercial cleaning services. [3:08] Victoria tells how OpenWorks grew into a national organization. [4:23] OpenWorks has advantages that set them apart from other commercial cleaning franchises. Victoria explains the differences. [5:32] Victoria mentions the relatively low cost of entry to purchase an OpenWorks franchi

Nunzio Presta is an ex-professional athlete turned entrepreneur. He is the founder and CEO at BizON. BizON is an online marketplace where people can buy, sell, and grow businesses or franchises. It is a community of people looking for opportunities to connect with buyers or sellers. There are also resources available for people who may need some guidance in the process of acquisition. His company is growing and is a fantastic place to look for business opportunities.   Key Takeaways: [1:12] Josh welcomes Nunzio Presta to the show. [2:01] Nunzio was a former professional hockey player; the Canadian go-to sport. [3:15] BizON is explained in more detail by Nunzio. [4:06] The story behind how BizON began. [6:28] How the marketplace works; how to utilize and get involved in the market; three types of offerings in the marketplace. [10:36] Subscription fee breakdown for a franchisor looking to attract leads through the marketplace. [12:59] What does franchisee involvement look like in the marketplace? [15:25] Nunzio

Today I’m excited to introduce Frank Cottle. He is the CEO of Alliance Virtual Offices, as well as a Chairman for The Alliance Business Center’s Network. He is an expert when it comes to virtual work spaces, flexibility, and third place working. He’s spent close to 30 years meeting the needs of small businesses and entrepreneurs. Frank is the go-to authority on cost-effective, smart, and flexible work space.   Key Takeaways: [2:00] Frank started his company. [3:40] Frank explains the value provided to entrepreneurs and business owners through virtual offices. [5:11] “Just-in-time” officing is an economic advantage of virtual offices. [7:30] Frank describes third workplace. [9:41] Alliance Virtual Offices is similar to a franchise in the way they have scaled their business. [10:44] Alliance Virtual Offices allows companies to casually move in and out of markets to help them scale quickly. [11:19] Frank mentions a licensing program they offer in selected markets. [12:30]  How to bridge the gap when clients want

Today I’m thrilled to have on Nathan Hirsch. Nathan is a serial entrepreneur, an expert in remote hiring, and an e-commerce guru. Since he began selling online in 2010, Nathan has sold more than $25 million worth of product. He is now the cofounder and CEO of FreeeUp.com, the hands-on hiring marketplace connecting hundreds of online business owners with reliable, pre-vetted, remote workers. FreeeUp is redefining how businesses are able to hire remote freelancers online. Nathan has a really cool story to tell behind his business and how many employees he has, which we’ll get into in this episode. Welcome Nathan Hirsch!   Key Takeaways: [1:44] The topic of hiring remote business owners is relevant for almost any business owner today. [2:08] Nathan built a multi-million dollar business out of his college dorm room, and he learned his first hiring lessons in that business. [4:08] How is FreeeUp different than other online hiring platforms? [5:28] FreeeUp can help you to hire a wide variety of remote workers. [7:4

Bill Troy is an Inc. 500 CEO and a natural-born contrarian, who, for 25 years, has helped global brands like Sony, Disney and Nestle see the world from a different perspective. Bill’s forthcoming book Clicksand: How Online Marketing Will Destroy Your Business (And the Unlikely Secret to Saving It), is an explosive wakeup call and warning for business owners, about the dangers and hypocrisy in online marketing. In Clicksand, Bill compares giant firms like Hubspot, Google and LinkedIn, as well as local agencies and consultants, in towns big and small, to snake oil salesmen of the 1800s.     Key Takeaways: [1:23] So many businesses think they are building relationships with clients while they are in fact damaging them. [3:34] Bill has been a rule-breaker from the very beginning, and he continues to defy norms in the marketing world. [4:57] What is the danger in online marketing? [5:57] How do you balance technology and intimate customer relationships? [7:34] Social media is a bridge to relationship development,

Today I got to interview Jeff McManus. Jeff is the Head of Landscape Services at the University of Mississippi, and a grower of plants, people, and ideas. Jeff is a problem solver who understands that doing more with less is a 21st century mandate. Faced with a multi-million dollar landscaping project, a demand for excellence and high productivity, and a stagnant budget, Jeff knew that growing the people would be critical for growing the plants.   Key Takeaways: [:35] Jeff has done amazing things for the landscape department at the University of Mississippi, but he thinks of himself primarily as an entrepreneur. [1:46] If you want to make money, save money, and have more time, you must be proactive with your team. [5:07] Jeff tells us about how his landscaping business is structured, and how he keeps structuring himself out of a job. [8:42] Leaders determine team mindset. [10:04] Jeff’s Landscape University program took about four years to develop, but it has significantly increased productivity and accountab

Today I’m thrilled to have Adam Anderson on as our guest. Adam is a longtime small business owner who also happens to be one of the leading authorities on small business cybersecurity. He is a serial entrepreneur, author, and founder and chairman of Palmetto Security Group. With twenty years in cybersecurity, and thirteen as a small business owner, Adam is positioned to understand both sides of the cybersecurity equation in a way most aren’t.   Key Takeaways: [1:41] Josh has been a victim of cyber fraud. [2:32] Adam has been involved in starting fourteen companies. [3:55] How did Adam become involved in cybersecurity? [5:15] Business owners naively assume that they won’t be affected by cybercrime. [7:50] What are the main cybersecurity threats that business owners should be on the lookout for? [9:59] What should business owners look for in a cybersecurity insurance policy? [16:11] The impact of a single cybercrime can be huge. [17:42] Adam is offering a free, online self assessment for Franchise Euphoria list

Scott Alan Turner is a financial rockstar who went from a “money moron,” at age 22, to a self-made millionaire just 13 years later. Scott is an early retiree who spends his time helping people get out of debt faster, save more money, and retire rich. He is the radio and podcast host of The Scott Alan Turner Show, and the bestselling author of a great book called The 99 Minute Millionaire. In that book, he goes through the process and steps of how you can get out of debt, make more money, and make it last. I’m really excited to welcome Scott on as our guest today, and I’m confident that you’ll learn a lot from our conversation.   Key Takeaways: [2:07] Like most people, Scott came out of college with very little financial knowledge. [3:16] Scott has owned eight companies over the past 15 years. [5:45] Scott used to work evenings and weekends on his “side-hustle.” [7:08] Scott finds it very rewarding to help others find financial freedom. [8:05] People kept asking Scott how to get started investing, so he wrote

Today I’m excited to interview Kathy Knowles. Kathy is a speaker, trainer and consultant who teaches people about a seven-step system for creating more purpose, profit, and possibilities. She works with business owners to gain more dedicated and loyal employees and customers, and ultimately, her clients are able to make the leap onto a much bigger playing field. I hope you enjoy our interview as much as I did.   Key Takeaways: [1:28] Kathy has a background in Human Resources, but eventually decided to dedicate her time to her passion, which is helping business owners get the right people on their team. [2:51] Through firsthand experience, Kathy has developed a formula to hire right the first time. [3:45] Seek out the best employees, instead of waiting for them to come to you. [4:49] You can always work on someone’s skillset if they have the right attitude. [5:58] Right off the bat, you should weed out applicants who don’t pay attention to detail. [8:14] Do a “trial run” in the interview. [10:03] Sometimes emp

You’ve built a successful business, and think you’re ready to franchise it. But how can you be sure? Today our host, franchise expert and attorney Josh Brown, shares six things to consider before taking that leap, and some of them might surprise you.   Key Takeaways: [:42] Josh is frequently asked by people if they should franchise their business. [1:35] It’s a good idea to have two operating locations before you franchise. [2:55] The current success of your business is a big indicator of whether or not you should franchise. [3:25] You must understand the numbers. [4:04] Most businesses start out very simple and aren’t based on a solid strategy. [5:33] You should have a proven system that you can explain. [5:50] Your system should be simple. [6:44] Keep your eye on the focus of the business. [7:00] You must have an operations manual. [8:24] Josh has created an operations manual template. If you are interested in using it, email him at josh@indyfranchiselaw.com. [8:51] Not all operations manuals are created eq

Operations manuals. We’ve talked about them before, and we’ll be diving deeper into how to implement good systems in the next several episodes. Also in this episode, Josh reminds us of why systems and processes are crucial to a successful business, and thanks his faithful listeners for tuning in after his recent break from podcasting.   Key Takeaways: [:36] Josh is excited to be back after taking a long break from podcasting. [2:13] A journalist recently contacted Josh to write an article about the Franchise Euphoria podcast and how it has affected his own business. [3:26] Thank you to all of the listeners that have reached out to Josh to tell him how Franchise Euphoria has impacted their own businesses. [4:27] If you’re interested in learning more about franchising, Josh would love to hear from you. [5:39] Having an operations manual is crucial. [8:27] For the next several episodes Josh will be focusing on the operations side of business. [9:07] You have to start somewhere. [9:28] It’s important to know your

In September of 2016 Josh wrote a blog post titled, “The Four Biggest Mistakes New Franchisors Make and How to Avoid Them.” In today’s episode, Josh goes in-depth about the number one mistake he sees people make as they try to franchise their businesses, which is simply not understanding what it means to turn a business into a franchise. Make sure that you are prepared to capitalize on the franchise model by listening and applying Josh’s advice to your own business.   Key Takeaways: [3:03] You must have a clear understanding of the franchise business model before you can capitalize on it. [4:16] You must understand the legal structure of a franchise. [6:15] You must understand the corporate structure of your business. [7:09] You must understand intellectual property considerations. [8:20] You must understand the internal infrastructure of your business. [10:26] You must understand how your own role will change as you become a franchisor. [12:06] Thanks for joining us on the Franchise Euphoria podcast. If you

In this first episode of the year, Franchise Euphoria host and attorney-preneur Josh Brown, along with his daughter Sophia, teach business owners, and those hoping to start their own businesses, how they can make sure that 2017 is their best year, yet.   Key Takeaways: [1:35] 2016 was a crazy year, and a new year is a great opportunity to set professional goals. [3:01] How can you start 2017 off right? [3:10] Choose the right business opportunity for you. [5:15] Put what isn’t profitable aside. [5:51] Make a plan. [7:16] Keep innovating. [9:14] Create a business that is long-lasting. [10:30] Thanks for listening. If you enjoyed this episode, please leave us a review on iTunes.   Mentioned in This Episode: Email Josh at: josh@franchiseeuphoria.com

In this week’s episode, I’m discussing the mobile franchise business model. There seems to be a lot of interest surrounding mobile franchises right now, so I’m doing a two-part series on that topic! I sincerely believe that this business model is one that is here to stay and this podcast episode is going to explain why that is. Be sure to tune-in to learn more! If you are interested in the mobile franchise concept, don’t forget to check out our next episode where I discuss important things you need to know before you decide to invest in this business model. Feedback: Have any suggestions for future shows? Have questions or a topic you would like to us to do an episode on? If so, please leave a comment.

In this week's episode, Josh is talking about taxes with Craig Cody. Craig is a Certified Tax Coach, Certified Public Accountant, Business Owner and Former New York City Police Officer with 17 years of experience on the Force. In addition to being a Certified Public Accountant for the past 15 years, he is also a Certified Tax Coach. As a Certified Tax Coach, Craig belongs to a select group of tax practitioners throughout the country who undergo extensive training and continued education on various tax planning techniques and strategies to become, as well as remain, certified. With this organization, Craig has co-authored an Amazon best seller book, Secrets of a Tax-Free Life. Want to Get in Touch with Craig? Website: craigcodyandcompany.com Twitter: craigc2742 Facebook: craigcodyandcompany Feedback: Have any suggestions for future shows? Have questions or a topic you would like to us to do an episode on? If so, please leave a comment.

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 experiences, a lot of our favorite restaurants utilize the franchise model. Tune-in this week to hear Josh discuss the three things you need to know before you decide to franchise your restaurant.

In this episode, I’m discussing technology in the franchise space. It seems like hardly a day goes by where I don’t hear about some sort of new technological development. From self-driving cars, to medical breakthroughs, to augmented reality cell phone apps, technology is becoming more and more interwoven in our everyday lives. But, for most franchise systems, technology can be both a blessing and a curse. Tune in this week to hear me discuss the ways technology can both help and hurt your franchise system. Feedback:   Have any suggestions for future shows? Have questions or a topic you would like to us to do an episode on? If so, please leave a comment.   If you enjoyed the podcast, please take a moment to leave us a rating or review. Every review helps us reach more people!

This week, I interviewed Robert Mallon and Bill Watkins of the Rusty Lion Academy. 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. They believe in helping men build successful businesses and extraordinary personal lives. If you want to learn more about Robert, Bill, and the Rusty Lion Academy, visit www.rustylionacademy.com.  Feedback:   Have any suggestions for future shows? Have questions or a topic you would like to us to do an episode on? If so, please leave a comment.   If you enjoyed the podcast, please take a moment to leave us a rating or review. Every review helps us reach more people!

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 grow your business. Some of these ideas apply whether you are a small business owner, a new franchisee, or a franchisor, but today’s episode is designed specifically for franchisors (or potential franchisors) who want to know how they can grow their system. So, tune-in to hear my four tips on how you can grow your franchise system! Feedback:  Have any suggestions for future shows? Have questions or a topic you would like to us to do an episode on? If so, please leave a comment.  If you enjoyed the podcast, please take a moment to leave us a rating or review. Every review helps us reach more people!