What's Your Next?

We delve into the transformative impact of artificial intelligence (AI) on the franchising industry.  The AI software market is projected to reach a staggering $126 billion by 2025, highlighting the significant role AI is set to play in the near future.

One of the key trends discussed is the use of AI for evaluating return on investment (ROI) and making informed decisions. Franchises are increasingly leveraging AI to analyze data, a...

In this episode, we tackle the hot topic of inflating labor costs in the franchise market. Aspiring business owners will find this episode particularly enlightening as we break down the complexities of labor costs and provide actionable insights for managing them effectively.

Key Insights from the Episode

We emphasize that understanding and managing labor costs is crucial for anyone considering owning a franchise. Here are the main p...

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Thinking of leaving your corporate job to buy a franchise? Here are essential considerations to ensure a smooth transition:

Financial Readiness:

• Ensure you have at least $50,000 in liquid cash.
• Maintain a safety fund for unexpected downturns.

Time and Effort:

• Choose a business model that suits your current situation: owner-operator, semi-absentee, or passive.

Identify Your 'Wh...

In the latest episode, we delve deep into the challenges and opportunities of franchise ownership amid economic uncertainties. They provide insightful perspectives and valuable advice for aspiring business owners considering franchising during volatile economic times.

Key Points:

• Current Economic Climate: The world is experiencing significant economic shifts, marked by job layoffs and a general sense of crisis, prompting many to ...

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Are you looking for a business opportunity that combines flexibility, financial security, and the potential for significant growth? Pillar to Post, the leading home inspection franchise in North America, may be the perfect match for your entrepreneurial aspirations. Here’s why you should consider this opportunity:

• Proven Business Model: With over 30 years of experience and a robust system b...

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...

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 ...

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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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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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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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, ...

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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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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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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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...

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...

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...

 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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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...