How to Buy a Franchise and Franchise Your Business

Download a free book “Non-Food Franchising” https://franbridgeconsulting.com/ Contact Jon Ostenson https://www.linkedin.com/in/jonostenson/ Download 42 Must-Have Resources for Business https://thecontributors.com/download If you want to buy a franchise or franchise your business - stay tuned, because today’s guest is a top 1% Certified Franchise Consultant and international speaker specializing in non-food franchising. Within less than 20 minutes you will learn the pros and cons of franchising vs. starting a company from scratch, the cost, revenue, and profit potential, how to franchise a business, and pretty much everything you need to know about franchising. About the channel. On The Contributors Channel, you can learn how to start and grow your business, invest in crypto, generate passive income, and build wealth. Subscribe for all new updates https://www.youtube.com/c/thecontributors/videos?sub_confirmation=1 Victor Gichun is the Creator and Host of The Contributors Channel, and a co-founder of Excess Logic, the #1 Nationwide Reverse Logistics Provider. Since 2012 Excess Logic has helped over 500 companies including Google, Meta, LG, and Hitachi remove excess test, measurement, lab, and R&D Equipment, computers, and electronics, networking gear, destroy data, and reclaim residual value. If you need to remove the surplus equipment and electronics and recoup maximum value visit https://excesslogic.com/ For collaboration and advertising, please email: [e-mail] Timing 00:00 Introduction 01:13 What is a non-food franchise and who buys it 02:06 Why do people buy franchises and what are the most popular non-food franchises? 02:59 What are the pros and cons of franchising vs starting a new business from scratch? 04:26 If I buy a franchise, do I need to work in this business 8 to 5? 06:27 What is the cost of franchising, what revenue can franchisees make, and what is the average profitability of non-food franchises? 08:55 How can a simple guy like me select the right franchise? 12:54 What are the three most common mistakes people make while selecting a franchise? 13:59 What are the three most common mistakes people make while franchising their business? 15:19 What businesses are franchisable and what steps should a business owner take to franchise his business. Follow me on: TikTok https://www.tiktok.com/@victorgichun LinkedIn https://www.linkedin.com/in/victorgichun/ Facebook https://www.facebook.com/thecontributorsfb Instagram https://www.instagram.com/vicgichun/ Twitter https://twitter.com/VictorGichun #businesssercrets #interviewwithCEO #keyinfluencers #successtips #howtostartbusinessintheus #howtogrowbusiness #insights #successtips #businesstips #howto #howtoinvest #startup #franchise #howtobuyafranchise #franchisebusiness #howtofranchise #buyingafranchise #franchising101 #owningafranchise101 #shouldibuyafranchiseorstartabusiness #buyingafranchisewithnomoney #prosandconsoffranchising #bestfranchises #franchiseabusiness