Eric Stites, CEO and Managing Director of Franchise Business Review, in an interview with Patrick Findaro.
Do you trust the franchisor? Franchising can be a great way to own your own business, but it’s important to trust the franchisor you’re working with. In this video, Eric and Patrick discuss what to look for when choosing a franchise and how to build a trusting relationship with your franchisor. Watch now to learn more!
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00:30 How did you get into the franchise space?
04:49 Helping Candidates
05:37 What were some of the findings on the operational side, that franchisees were upset with that the franchisor could address?
12:11 Hours worked and earnings
13:38 Semi absentee opportunity
14:36 How does your process work?
16:05 What are some of the most important metrics you are collecting? And then, benchmarking for franchisors
18:50 How do you make sure that they participate in the survey?
21:00 Any advice for that co-founder looking to really grow their franchise system in a sustainable way?
25:18 What is important for someone who wants to buy a franchise?
#EricStites #TrustTheFranchisor #VettedBiz #DoYouTrustTheFranchisorEricStites