How To Buy A Franchise Show | Dr. John Hayes provides insight on how to buy and operate a franchise

How To Buy A Franchise Show | Dr. John Hayes provides insight on how to buy and operate a franchise

Internationally recognized speaker, small business coach and Amazon best-selling franchise author Dr. John P. Hayes offers an honest and time-tested approach to researching, evaluating and purchasing a franchise business.

Episodes

June 4, 2020

If history tells us anything, it is that during economic slowdowns a lot of people begin to take stock of their careers and look for ways to take more control of their financial future. One of the options that many turn to is franchising. Owning a franchise gives you a chance to be in business for yourself, but not by yourself.

If you are among those whose career has been impacted by the economic downturn caused by the COVID-19 cri...

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In this episode of the How To Buy A Franchise show, I talk with Jackie Pierce, franchise owner of Big Frog Custom T-Shirts. Jackie shares the story of her transition from accountant in corporate America to soccer mom to successful franchisee.

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Dr. John Hayes talks with Justin Crandall, CEO and co-founder of Robin Autopilot, the world's first robotic lawn service now offering franchise opportunities in the U.S. 

Crandall, who you may have seen pitching the idea on Shark Tank, explains that more than one million of the robotic mowers are in use in Europe and they plan to spread the concept in the U.S. through franchising.

How does it work?

Crandall says that Robin Auto...

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A money guy and a fitness guy met in Las Vegas one day and created a group fitness concept that provides Millennials with four studios under one roof! TruFusion franchises offer 240 classes per week in 65 fitness modalities. Want yoga? There are 16 types offered at TruFusion. More yoga, says Donald Averritt, vice president of development, than what any yoga franchise offers! Franchising for almost two years, TruFusion has sold 65 f...

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Pat Sculley and his wife always wanted to get into business together. Pat worked for EDS in Dallas for 23 years and his wife was working in HR. After Pat retired he spent some time working with non-profits but realized he wasn’t happy. "I had semi-retired, working 30 hours a week,” he explains, “and I didn’t enjoy not being full time and fully engaged. I knew what would make me happy was being back in the game and having fun wi...

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Matt “Red” Boswell, chief growth officer for Expense Reduction Analysts (ERA), tells Dr. John Hayes that senior executives worldwide are joining ERA to become trusted advisors to multi-million dollar companies that hope to extract profit from their current expenses. There are two types of franchisees in ERA: the analyst who has spent a career studying one or more expense categories such as healthcare, telecommunications, printing, ...

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At age 55, veteran franchise developer Gary Findley asked himself what type of business he’d like to own next if he were to buy a franchise. He knew the right franchise for him would require no bricks and mortar, low investment, low overhead, it would produce high margins and it would be recession resistant. All that, plus the opportunity to buy out the franchisor, led Gary to Restoration 1, a franchise that he has since grown from...

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Andrew Millar of UBREAKIFIX recently visited with Dr. John P. Hayes on the How To Buy A Franchise Show and explained how UBREAKIFIX franchises are changing the lives of people across North America. Some 150 franchisees own the 311-plus UBREAKIFIX franchise outlets in the USA, Canada and Puerto Rico. However, those numbers are going to change rapidly — one area developer, for example, plans to open more than 230 stores just in the U...

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Nick Lopez studied business at Michigan State University and discovered franchising in the process. To cover the costs of tuition, books and living expenses, Lopez launched a residential and commercial painting business in Michigan and catered to custom home owners. Much to his surprise, he found a welcoming market and after three years of operating the business he decided it was time to get serious. That’s when he sought out mento...

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What started as a corporate endeavor to provide employees with wellness options mushroomed into a franchise opportunity that is now being purchased by entrepreneurs and physicians. Reagan Clemensen visited the How To Buy A Franchise Show during the International Franchise Expo in New York City and shared news about Profile by Sanford, a franchise concept developed by Sanford Health, the largest rural healthcare company in the USA w...

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Former food franchisee Sammy Aldeeb is now franchising Urban Bricks Pizza Co. and attracting leaders, motivators and “cool people” who can stand behind his franchise brand, which is quickly expanding in the buiild-your-own-pizza niche. Sammy says there’s lots of room to grow, but advises franchisees that it’s a 7 day a week job!

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For 26 years Happy & Healthy has been developing national accounts (Wholefoods, Lifetime Fitness, food service companies that cater to hospitals, supermarkets, etc.) and selling to franchisees to service those and other accounts. Entrepreneur magazine says this is one of the best franchise investments under $50,000. Most franchisees begin part-time (sometimes keeping their full-time job) and build the business. Prospects are in...

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Jorge Férreaz, publisher of Latino Leaders Magazine, organizes the Latino Franchise Symposium in Plano, Texas where franchisors looking to expand into the Latino markets, and Hispanic and Latino entrepreneurs and investors looking for franchise opportunities come together for a series of 2-day meetings and discussions. "There's a lack of information about how to expand a franchise business into the Latino markets," expl...

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Remember when you (or someone you knew) combined baking soda and vinegar to create a homemade volcano? Little Beakers has taken off with that idea and developed a retail franchise opportunity that provides a controlled environment for children to learn basic science principles. And yes, most of these principles are taught by combining ingredients that have an “exciting” reaction or turn into something the children can play with.

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This week on the How to Buy a Franchise Show our guest is Anand Karia, who is the Master Franchisee of UCMAS in the United States, Canada, Mexico and India. UCMAS has over 6,000 locations in 58 countries and has just opened its first location in the United States. As a Master Franchisee, Karia and his company own the rights to sell franchises in all fifty states. In addition, Karia is also looking for Master Franchisees to purchase...

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When Eric Stites founded Franchise Business Review (FBR) in 2005, franchisors weren’t accustomed to an independent party surveying their franchisees. Stites explains that the greatest improvement in franchising during the last decade is transparency: People have access to more verifiable information about a franchise company than ever before. And much of this transparency is a result of the work that’s been done by Franchise Busine...

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7-Eleven has such as established presence in the United States -- over 7,000 locations -- that you might assume the market is saturated and there aren’t any available franchise locations to acquire. But that assumption would be incorrect. Alvino Rosales, franchise sales rep for 7-Eleven in the San Antonio, TX market, is our guest this week on the How to Buy a Franchise Show, and in his market alone there are 10 new stores slated to...

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Dallas Kerley, president and COO of Benetrends Financial, is our guest this week on the How to Buy a Franchise Show. Benetrends has been a leader in the financial sector of the franchise market since 1983, and the company pioneered the 401k Rollover, a financial tool that allows franchise prospects to utilize their existing retirement funds to buy a franchise. The 401k Rollover comes with the approval of the IRS.

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The Seniors’ Answer, based in Miami, FL, is offering to sell its first franchise for only $15,000, a discount of $5,000. In addition, royalty fees are held flat for the first two years starting at $100/month. Ultimately the fee rises to 5% of gross. Founded by a Harvard MBA with experience in franchising, Corrine Markey sold franchises for The Entrepreneur’s Source and The Maids. When she recognized the ever-increasing need among s...

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Colleen Pyle describes herself as a construction brat and learned “how to do things” and “fix things” herself. Coincidentally she married a guy who had the same skills. Before they knew it, they were overseeing six locations of Just Let Me Do It in six states. That’s when they decided it would be better to franchise their business. Today, it costs between $64,000 and $180,000 to get started with a Just Let Me Do It franchise. Start...

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