DESCRIPTION:
John Hayes, host of Franchise Hot Seat, interviews former TV news reporter John
Brice, who transitioned into a successful franchisee and is now preparing to become
a franchisor. Brice's introduction to franchising came through a family friend who
owned a McDonald's franchise. This sparked his interest and led him to owning eight
McDonald's restaurants. He later became an area developer for Firehouse Subs and
the largest U.S. franchisee of Pro Shred Security. Brice discusses the challenges and
rewards of franchise ownership, including financial risks and the necessity of
comprehensive training programs. He is currently preparing to become a franchisor
with his wife's business, Ana's Killer Empanadas, with plans to expand the gourmet
empanada chain. Brice stresses the importance of adhering to established systems
and maintaining a hands-on approach in the business. He also shares his
involvement with the Titus Center for Franchising, highlighting the value of shared
knowledge and the promising prospects for students interested in the franchising
industry.
- With John Brice.
TIMESTAMPS:
00:00: Intro
00:17 How did John discover franchising?
01:38 McDonald's franchise lessons learned?
03:49 Managing multiple franchises how?
05:54 Biggest franchise ownership challenges?
08:05 Best advice for new franchisees?
20:32 Most inspiring franchise success stories?
25:19 Ideal franchisee traits?
27:30 Why empanadas for franchising?
30:28 Expansion plans for Killer Empanadas?
LINKS:
WEBSITE: http://franchisehotseats.com/
LinkedIn: https://www.linkedin.com/in/drjohnhayes/
Twitter: https://twitter.com/drjohnhayes
YouTube: https://www.youtube.com/c/Howtobuyafranchise
Instagram: https://www.instagram.com/hayesjph/
TikTok: https://www.tiktok.com/@johnphayesfranchise
Pinterest: https://www.pinterest.com/DrJohnHayes/
Facebook: https://www.facebook.com/franchisehotseatpodcast
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