Live Coaching: Should I Buy a Franchise?
Live Coaching: Should I Buy a Franchise?
Live Coaching: Should I Buy a Franchise?
What if someone could just hand you the keys to a successful business? You’d think making money as an entrepreneur would be so much easier that way. In fact, that’s the key idea (and advantage) of buying a franchise.
You see one on the street corners off of practically every interstate exit in America. The golden arches of McDonald’s are famous around the world. And no matter where one is located in the world, they all follow the same branding, the same process for preparing the food, everything.
So then the question becomes, “Should I buy a franchise?” There’s a lot to consider before you answer that question... something that pole studio owner Lena learned during my coaching call with her.
Lena has owned and operated her studio in Georgia for three years. And she came to me thinking about purchasing a franchise and wanted to know my thoughts on it.
So in this live coaching episode of the Pleasurable Profits podcast, you’ll learn the questions you need to ask yourself to discover whether or not buying a franchise is the right thing for you. I walk Lena through this process and tell you about what you need to research and be aware of before taking the plunge.
8:53 - The first thing to ask yourself when thinking about buying a franchise
10:24 - The second thing you need to look into before purchasing a franchise
15:27 - What does it take to run a franchise?
18:34 - How alignment is a must-have as a franchise buyer
23:52 - The difference between franchising and licensing
27:30 - Recapping what you need to ask yourself and research before buying a franchise
31:49 - A legality you need to be aware of before you purchase a franchise
36:05 - Why you need to experience what you’re buying before you invest in a franchise
40:44 - Why pole studios, in particular need a strong brand name
Find me on Instagram or LinkedIn or email me at [email protected].
As Mentioned In Live Coaching: Should I Buy a Franchise?
“Scam Alert - How do you spot a franchise scam?” | Entrepreneur
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From The Podcast
Pleasurable Profits: Sales & Leadership for Nontraditional CEOs
For female-identifying business owners ready to scale their nontraditional service-based or brick-and-mortar businesses to six figures and beyond. Specifically, Leslie supports business owners who are struggling to find their place on social media, or even in networking events due to the nature of their business. Ideal for owners and leaders of tattoo shops, permanent makeup studios, cannabis businesses, movement studios, sex toy shops, and other industries too often left out of the leadership conversation and even more frequently sold sales tools and tactics that just don’t work in their industry. Stop being let down by traditional marketing tools not built to support your nontraditional business. Before your Instagram account gets banned for the third time, start looking at another way to talk about the REAL results you're getting your clients.What’s most critical is these are business owners looking to define their strengths and values, design a business that supports them, and create a soul-driven (and pleasurable) plan for profitability that speaks to the value and results their clients receive. Leslie Lyons brings her decades of experience launching, scaling, and selling her brick-and-mortar movement studio business to service-based business owners ready to do the same. Listen in and learn how she took “taboo pole dancing” and shared what it truly is which is an emotional transcription and a sexual reclamation and sovereignty. Now she’s ready to help you do the same.There are three primary embodiment tools that Leslie uses so that woo meets strategy to support leaders who are traditionally left out of the business conversation. Tools like the perception triangle supports leaders in problem-solving and managing people with an increased capacity for empathy and understanding. On the sales side, Leslie shares tools like EFT (Emotional Freedom Technique) and breathwork to help you manage your energy before and during your sales process, because the truth is, sales is an energy game.Tune in each and every week to hear from Leslie on what soulful shifts you can make to better support your growing leadership and sales skills.Join Podchaser to...
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