What's Your Next?

What's Your Next?

Providing great information to help aspiring Entrepreneurs transition out of their current business or corporate job into another business or franchise.

Episodes

March 29, 2024 17 mins

https://www.nextlevelfranchisegroup.com/franchise-return-on-investment-calculator

In the bustling world of franchising, understanding and maximizing your Return on Investment (ROI) is crucial for success. The latest episode of "What's You Are Next" podcast dives deep into this topic, offering invaluable insights for aspiring business owners. Hosted by the dynamic duo, Dave and Stacey Riska, this episode not only educa...

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Diving into the world of franchising can be both exciting and overwhelming. With thousands of options available, how do you choose the right one? The key lies in understanding the Return on Investment (ROI) and other crucial factors that contribute to a franchise's success. Here's a simplified guide to help you navigate through the financials and spot a winning franchise.

Key Takeaways:

  • Understanding ROI: ROI ...
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Insurance is often a topic many shy away from, but for aspiring business owners, it's an essential aspect of ensuring the longevity and security of your venture. Here are some key takeaways from this in-depth interview with insurance expert Nicolas “Nico” Lares:

  • Insurance is a Must for Business Owners: It's not just about legal compliance; insurance is about transferring risk and protecting your business's future.
  • ...
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https://www.NextLevelFranchiseGroup.com


Discovering the potential return on investment (ROI) in franchising can seem daunting, but it's crucial for aspiring and current franchisees. This blog post simplifies the concept of franchise ROI, making it easy to understand and evaluate for anyone looking to invest in a franchise.


Key Takeaways:


-Understanding ROI: ROI is a critical factor when evaluating a franchise oppor...

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https://www.NextLevelFranchiseGroup.com


Previous Funding Video https://www.youtube.com/watch?v=VtWr3_-MSog


Diving into the world of franchising can be an exhilarating journey toward business ownership. Yet, many aspiring entrepreneurs hesitate, bogged down by misconceptions about the need for industry experience. In this concise, bullet-pointed blog post, we debunk the myth that familiarity is a prerequisite for franchise s...

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https://www.NextLevelFranchiseGroup.com

Title: "Unlocking Franchise Success: Navigating the World of Funding"

Key Takeaways from the Podcast:

  • Franchise Funding Basics:
    • You don't need 100% of the money upfront to acquire a franchise.
    • Various funding opportunities are available, often requiring less than 50% personal capital.
  • Understanding Franchise Costs:
    • Initial costs include franchise fees, training fees, ...
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Would you like to own a business that's SIMPLE, PROFITABLE and provides done-for-you MARKETING and CALL CENTER SUPPORT? 🤩

Watch the replay of our webinar featuring That 1 Painter franchise - the fastest growing painting franchise! 🖌️


You might be thinking "I'm not a painter." "I don't see myself owning a painting business." AWESOME! Because you DO NOT need any prior painting experience and on...

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https://www.NextLevelFranchiseGroup.com

The 3 F’s That Keep People From Pursuing Business Ownership - Part 1: Fear

In the world of franchising, fear is a common but conquerable obstacle. Here's a concise, bullet-point summary of key insights from the "What's Your Next" podcast episode on tackling fear when buying a franchise:

  • Defining Fear: Often, fear is simply 'False Evidence Appearing Real.' It&apo...
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https://www.NextLevelFranchiseGroup.com

Hot Topic for Aspiring Business Owners: Exploring the best franchises to own, following up on our discussion about various business types.

Choosing the Right Franchise: Key criteria include profitability, strong support, a proven system, and a solid brand reputation.

Top Franchise Categories:

  • Children and Education: High demand due to being essential services.
  • Pet Care: Increasing expenditure ...
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https://www.NextLevelFranchiseGroup.com

Are you dreaming of escaping the corporate nine-to-five grind and starting your own business? If so, you're in the right place! In this episode of "What's Your Next?" Dave and Stacey Riska, a husband-and-wife franchising duo, discuss the various options for business ownership and the pros and cons of each. Let's break it down in a simple, skimmable format:

Three Paths t...

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We're going to cover something which is when you are taking a deep dive into the world of business ownership one of the very best ways and most exciting avenues for entrepreneurship is franchise business opportunities. We are going to discuss what are some of the key benefits of franchise business opportunities

So a lot of people have misconceptions about it because they think, ooh, franchise, right? McDonald's, Wendy&apos...

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Are you dreaming of owning your own business but not sure where to start? Janna and Peter, a husband-wife duo, share their inspiring journey from military service to successful franchise ownership in this episode of “What’s Your Next”. 

They worked with Franchise Dream Matchmaker Stacey Riska to find the perfect business opportunity, and their story is a testament to the possibilities that await when you take that entrepreneurial le...

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 Are you ready to seize an amazing opportunity where you can own an in-demand tinting and auto-styling business

Watch the replay of this electrifying webinar, "Shades of Opportunity: Discover Black Optix Tint Franchise Ownership," where we'll unveil how you can own this solid franchise business. 

  •  The Black Optix Tint Difference: Learn what makes Black Optix Tint unique and discover why it's not just a busin...
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https://www.NextLevelFranchiseGroup.com


We are so excited because we finally reached the review of the final item of the Franchise Disclosure Document (FDD). If you've been hanging in there with us, we know this is a lot of information, but it's worth understanding the FDD and what you are agreeing to. If you've reviewed this information and looked this over in-depth and learned about the different items of the F...

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October 6, 2023 4 mins

https://www.NextLevelFranchiseGroup.com

Guess what, imagine this, we're going to be covering another item in the Franchise Disclosure Document (FDD), but we promise we are really close to the end. If you've been following along with us through all the Items of the FDD, you're probably worn out by now. The good news, this is a short item. It's item 22.


Item 22 of the FDD has to do with overall contracts, and I...

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https://www.NextLevelFranchiseGroup.com

Can you imagine that there are 23 Items in the Franchise Disclosure Document (FDD). We are closing in on the end covering all the Items, and we are now covering Item 21 which is the financial statements of the franchisor in general.

The most important part about this Item is that there are two sets of financial statements that are covered in this particular item of the FDD: one is the...

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https://www.NextLevelFranchiseGroup.com

Hello, everyone! Welcome back to another episode of "What's Your Next." I'm Stacey Riska, your expert franchise matchmaker, here to help you find a business that's a perfect match for you. Today, we have a special guest, Connie Inukai of Write Your Selfie. Connie is not just an author and inventor, but also what we affectionately call a "grandmapreneur." Toda...

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https://www.NextLevelFranchiseGroup.com

So we are back on the Franchise Disclosure Document (FDD) looking at item 20 and it’s a doozy. It's a prominent item in that there are a lot of numbers and facts and figures that are covered in this Item regarding the number of units within a franchise being disclosed. 

In this particular Item, it's not like Item 19 where there's a lot of flexibility in how the numbers ...

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https://www.NextLevelFranchiseGroup.com

For those of you who have been following us along, we're going back to the Franchise Disclosure Document (FDD) and we're covering the granddaddy of all the Items (of the FDD), which is Item 19. We're gonna learn what is Item 19, and why is it important and give you some advice on how to follow up on Item 19 if you're evaluating a franchise. 

What is Item 19 from a ...

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https://www.NextLevelFranchiseGroup.com

Great news … we are not going through the Franchise Disclosure Document in this post, we are actually going to be covering something that you will be exposed to likely if you are investigating a franchise, if the franchise has this opportunity available for you, and that is what is a Multi-unit Franchise.

Multi-Unit or Single Unit … That is the Franchise Question

We will walk...

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