Franchise Validation Process Explained - Key Questions to Ask Other Franchisees

Franchise Validation Process Explained - Key Questions to Ask Other Franchisees

In this video, franchise expert Amanda Vargas and Beau Eckstein discuss the importance of the validation process for potential franchisees.

Validation involves speaking to current franchisees in the system to get a better understanding of the day-to-day operations, potential earnings, and overall experience of owning a franchise.

Amanda emphasizes the importance of preparing candidates with a list of key questions to ask other franchisees and offers resources to help them through the process.
She also notes that not all validation calls may be positive, but it's important to ask hard questions and get a clear understanding of the franchise system before making a decision.

Are you a prospective buyer of a franchise? Book a discovery call with Beau to learn all the ways he can help you - https://www.franuniversity.com/discovery-call

Timestamps:
(00:40) Explaining franchise validation and the importance of asking the right questions
(00:46) - The importance of validation in the franchise process
(01:18) - Examples of questions they provide to clients to ask during validation calls and discuss the importance of asking difficult questions
(02:25) - The transparency provided to clients during validation and the importance of understanding what they are getting into

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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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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