The Initial Basic Steps of the Franchising Process [Part 13 of 13]

The Initial Basic Steps of the Franchising Process

In this video, Beau and Amanda talk about the initial steps of the franchising process.

Amanda suggested bringing in different brands and concepts for a small group of pre-qualified people to hear in speed rounds.

The first step is to talk to Beau about financing and feasibility, followed by completing an assessment and having a conversation about background and goals with Amanda.

Amanda will share franchise categories and provide education on investment ranges, after which she will conduct research and present two to three franchises for deeper exploration.

The due diligence process will then begin.

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.

Timestamps
[00:20] Bringing in some different brands and concepts for a small group of people
[00:36] The best thing to do to get into franchising, financing wise
[00:49] Go through Amanda’s steps
[01:08] How does franchising work in the beginning
[01:53] Possible options for you that work in your market and align with your goals
[02:20] Go to franuniversity.com to learn and succeed as a franchise owner

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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 all your projects.

About the Channel: Want to structure your investments in the right and secure way?

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