What To Consider When Owning a Non-Franchise Business Model [Part 6 of 13]

What To Consider When Owning a Non-Franchise Business Model [Part 6 of 13]

In this video, Beau and Amanda discuss how to approach owning a non-franchise business model, specifically in the case of someone who has already purchased a building and wants to open a coffee shop.

They suggest evaluating the space, its location, traffic, visibility, and parking, as well as researching the market and considering the cost and time it would take to set up and run the business independently.

Amanda suggested looking at the benefits of franchising, such as proven systems and equipment, marketing strategies, and profitability, before making a decision.

Amanda & Beau have collaborated on a training program for entrepreneurs who want to learn more about owning a franchise called Fran University (https://franuniversity.com). Go there to register for free training.

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Timestamps
[01:19] What to consider when owning a non-franchise business model (coffee shop)
[02:26] The success of a business owner doesn’t mean that it didn’t cost them more money initially
[02:40] How long is it going to take you to get the results that you’re looking for
[02:53] Look at what the franchise can do for you
[03:00] The process and the system of franchising have already been proven
[03:50] The non-franchise model may be a better fit for you
[04:13] How long is it going to take you to get into profitability
[04:42] Go to franuniversity.com to learn and succeed as a franchise owner

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

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#franchisebusiness #franchise

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

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