Welcome To The Diary of a Franchise!

Episodes

52. Recession Prep for Your Remote Local Business
2
May 18, 2022

52. Recession Prep for Your Remote Local Business

In this episode Neel offers thoughts on how to make your Remote Local business better prepared for recessions. Neel takes a two-pronged approach to preparing for recessions. First, he focuses on insulating the business, which can include estimating a percentage dip (25% at MaidThis) and adjusting accordingly, which can include cutting expenses, speeding up receivables, and getting promos ready for email and phone reach out to existing customers. Once that's secure, you can look at opportunities,...
51. Should You Buy a Franchise or DIY? Keith Levenson of AC Inc Weighs In
1
May 11, 2022

51. Should You Buy a Franchise or DIY? Keith Levenson of AC Inc Weighs In

In this episode Neel welcomes Keith Levenson of Angela Coté Inc . to talk about franchising. Keith got his start in franchising by actually helping a family entertainment center go through the process themselves. He then took an opportunity to become a franchise advisor, helping dozens of brands grow by focusing on franchisee growth. Neel and Keith also discuss: Who should franchise (and who shouldn't) the differences between an emerging franchise business and an established one (and who should...