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Internationally recognized speaker, personal business coach and Amazon best-selling franchise author Dr. John Hayes offers an honest look at everything involved in researching, evaluating and purchasing a franchise business. On this podcast, Dr. John P Hayes interviews Franchisors, Franchisees, and has solo episodes giving valuable advice in the Franchise Industry. Since 1979, John Hayes has worked in the franchise community as a consultant, franchisee and franchisor. He’s one of an elite gr ...
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DESCRIPTION: Andrija Čolak, a Croatian entrepreneur and franchisor, is the guest on the Franchise Hot Seat podcast. Known as the new hope of Croatian entrepreneurship, Čolak has been in the franchising business for 15 years. His brand, Surf'n'Fries, which sells French fries, became popular quickly, leading to the decision to franchise the business.…
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In this video, you will learn: 1. What are the common pitfalls that can derail a franchise's real estate strategy? John Hayes and Jonathan Hill delve into the top issues that franchises face, including the dangers of overselling territories and the importance of tracking sold territories' behavior. 2. How can too many cooks spoil the broth in the d…
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DESCRIPTION: John Hayes, host of the Franchise Hot Seat Podcast, interviews Jeremy Pourbaix from Franchise Flippers. They discuss the challenges and rewards of franchising, with Pourbaix stating that while many people have the desire to own their own business, it is not the right path for everyone. He identifies a lack of education as a key issue i…
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DESCRIPTION: Pat Rossi, a franchisee of ImageOne and member of the Titus Center Advisory Board, was interviewed on Franchise Hot Seat. Rossi, originally from Montreal, Canada, moved to the United States on an E2 investor visa. He was introduced to the idea of investing in a franchise by broker Daniel Purim at a conference in Orlando. Rossi already …
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[SHOWNOTES] TITLE: New Franchise Broker Laws - With Sarah Davies DESCRIPTION: Sarah Davies, General Counsel of the International Franchise Association (IFA), discusses the proposed Model Franchise Broker Registration Act by the North American Securities Administrators Association (NASAA) and the California Senate Bill 919. Both pieces of legislatio…
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DESCRIPTION: Alicia Miller, founder and managing director of Emergent Growth Advisors, discusses her book, Big Money in Franchising, and the role of private equity in the franchising industry. She highlights the success story of Tropical Smoothie, which grew from 315 to 1400 units through private equity partnerships. She also discusses the Dwyer Gr…
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DESCRIPTION: John Hayes, host of the Franchise Hot Seat, interviews James Butler, a serial entrepreneur, author, and franchise sales coach. Butler shares his experience of owning three bridal shop franchises and five different businesses, and his decision against franchising his concept after consulting with a franchise attorney. He discusses his c…
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DESCRIPTION: Edith Wiseman, the president of FRANdata, discusses the changes in the franchising industry, particularly in relation to SBA loans. She explains that the SBA has changed its standard operating procedure, eliminating the need for lenders to worry about affiliation between the franchisor and franchisee. However, this has led to the SBA n…
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DESCRIPTION: John Hewitt, an industry veteran with 5,200 franchisees under his belt, discusses his career in franchising. Hewitt founded several companies, including Jackson Hewitt, one of the world's top retail chain franchises with over 10,000 tax offices. He has also founded other franchise companies and currently runs Loyalty Brands, a platform…
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DESCRIPTION: The Franchise Hot Seat episode features Nick Gartner, a franchisee and franchise development professional for Hudson Valley Swim. Gartner shares that he was involved with Hudson Valley Swim before it became a franchise, focusing on operations at corporate locations. He transitioned into franchise development when the company decided to…
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DESCRIPTION: Ron Holt, founder of Two Maids & a Mop, shares his experiences with Fred DeLuca, the billionaire franchisee of Subway. DeLuca, known for his curiosity and larger-than-life personality, built the world's largest franchise company from scratch. Holt first met DeLuca at an IFA conference in Las Vegas. At the time, Holt's company was a sma…
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DESCRIPTION: Alex Gingold, the guest on the Franchise Hot Seat, discusses his business DonutNV. The rebranding from Cinnamony Donuts to Donut Envy was intentional, aiming to engage customers and prompt them to ask questions about the brand. The business started in 2014 as a small outdoor mall kiosk at the Philadelphia premium outlets, serving hot m…
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DESCRIPTION: John Hayes hosts another episode of the Franchise Hot Seat, featuring Margaret Chebat, a director at PuroClean, a major franchisor. Chebat shares her journey into franchising, which began right after college when she joined PuroClean. She was attracted to the company's culture and people, despite not knowing much about the restoration …
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DESCRIPTION: The podcast continues the discussion on responsible franchising, emphasizing the importance of handpicking franchisees with the right skills. They note that while this is a crucial aspect of responsible franchising, it is often overlooked in favor of reducing costs or seizing sales opportunities. They argue that skills are less importa…
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DESCRIPTION: The podcast discusses the concept of responsible franchising, focusing on the selection of the right franchisees. The International Franchise Association's recent social media posts have emphasized the collective responsibility of the franchise community to protect the franchise model. However, the concept of responsible franchising, a…
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DESCRIPTION : The video transcript features a conversation with Michael O. Browning Jr. The discussion begins with Browning's background, where he shares his journey from being a college dropout to becoming a successful entrepreneur. He explains his early struggles and how he overcame them through hard work and determination. Browning then delves i…
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DESCRIPTION: The Franchise Hot Seat Podcast features Aaron Harper, the CEO and owner of Rolling Suds, a rapidly growing power washing franchise. Harper explains that the power washing industry is largely made up of individuals doing the work themselves, with little large-scale sophistication. He believes a good franchise brand can bring standards a…
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DESCRIPTION: In this video, you will learn: 1. The intriguing story of Brian Beers' journey in the franchising business, specifically with Midas, a renowned auto repair franchise. How did he and his brother transform a family business into a multi-million dollar empire? 2. How Brian and his brother managed to scale their business from just a few sh…
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DESCRIPTION: In this video, you will learn: 1. How did a young man with a passion for radio end up as a successful franchise owner? Discover the unexpected journey of Gary Occhiogrosso, from his family's Italian pastry shops to the world of franchising. 2. What inspired Gary to leave his career in radio and venture into the franchising industry? Un…
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DESCRIPTION: In this video, you will learn: 1. The intriguing history of HomeVestors, a real estate franchise company that once dominated the market. What led to its rise in the late 1990s and early 2000s? And what caused its decline during the Great Recession? The answers lie within the video. 2. The captivating story of Tim Herriage, a former fra…
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DESCRIPTION: Brian Woods, Vice President of Franchise Development at Neighborly, discusses his career trajectory and the growth of franchising. Neighborly has 32 home service brands and over 5,500 franchise locations in nine countries. Woods is responsible for the development of seven franchise brands, six of which were established under the leader…
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DESCRIPTION: In this video, you will learn: 1. The fascinating history of the Ziglar Corporation and how it became a powerhouse in the world of personal development. What was the driving force behind its success? Find out in the video! 2. How Tom Ziglar, the son of the legendary Zig Ziglar, started his journey in the company. From working in the wa…
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DESCRIPTION: In this video, you will learn: 1. What is the E-Myth and how does it debunk the common misconception about entrepreneurs like Richard Branson and Jeff Bezos? Discover the truth behind who really starts most businesses and why their skillset alone won't guarantee success. 2. Why do entrepreneurs create great franchises, while managers a…
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DESCRIPTION: In this video, you will learn: 1. How did a former football player at Appalachian State University become a successful entrepreneur and franchise executive? Discover the key factors that contributed to Jeff Dudan's incredible journey. 2. What was the side hustle that eventually led Jeff to become the preferred vendor for all student ho…
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In this video, you will learn: 1. How did April Porter transition from a prosecuting attorney to a successful kickboxing franchisee? Discover the pivotal moments that led her to make this life-changing decision. 2. What were April's initial side gigs in dance and fitness while practicing law? Uncover the passion that drove her to explore these oppo…
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Are you ready to take on the hot seat and challenge the notion of imposters? Some critics have labeled Michael Buble an imposter, claiming he's just a cover guy who brings nothing original to the world of music. But with his sold-out concerts and devoted fan base, he's clearly doing something right. Can the same be said of franchisees? If you're in…
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Franchise agreements are one-sided and drafted entirely by franchisors. Starting a franchise can be complicated, so it's important to make sure that the contract is fair and that the franchisee understands everything in it. Some parts of the contract, like how much money the franchisee has to pay if they don't follow the rules or if they say bad th…
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Franchising can be an exciting but tough business. It needs attention to detail and both franchisor and franchisee success. Franchisors must understand franchisee needs and adapt their support services. Third-party providers, like consulting firms, can bring fresh perspectives and expertise and help find untapped profitability. In this episode, we …
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Franchising offers entrepreneurs the opportunity to leverage an established brand, receive training and support, and benefit from economies of scale. However, franchisees also face limitations on their creative freedom, ongoing royalty fees, and potential conflicts with the franchisor. Franchising can be a viable option for those looking to start a…
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DESCRIPTION: Welcome to today's episode of the podcast, where we'll be talking to Jason Killough, a seasoned franchise development expert with 28 years of experience in the industry. Jason will share his insights into the world of franchising, including the key factors to consider when choosing a franchise, the challenges faced by franchisees, and …
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DESCRIPTION: On the latest episode of the Franchise Hot Seat podcast, Red Boswell joins Dr. John Hayes to discuss franchising and the importance of finding the right fit. Franchising allows you to launch your own business using an existing brand and business model. However, it's crucial to do your homework and determine which franchise is suitable …
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Let's say you have already decided which franchise to buy. The question now is where to get the money to finance your business. One avenue to consider is the SBA Loan Program, which helps franchisees secure funding for starting and growing their businesses. By providing access to funding, the SBA Loan Program helps more people achieve their dream o…
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DESCRIPTION: In today's episode of the Franchise Hot Seat, we welcome Dan Monaghan, a successful franchisor and franchisee with years of experience in the industry. Dan will be sharing his expertise on franchising and starting a business at a very young age. We will delve into the many benefits of franchising, including the advantage of starting a …
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This week on the Franchise Hot Seat podcast, we had the pleasure of speaking with Kayla Ryan, a young franchisor making waves in the industry. Kayla shared her insights on people-to-people marketing and how she's been able to connect with Gen Z and millennial consumers. She also discussed the challenges of being a young franchiser and how she's bee…
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DESCRIPTION: Choosing the right franchisees is crucial to the success of any franchise system. These individuals will represent your brand and must align with your values and mission. It's important to thoroughly vet potential franchisees, not just in terms of their financial qualifications but also in terms of their business understanding and abil…
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DESCRIPTION: A franchisee's responsibility is to perform due diligence before buying a franchise. The Franchise Disclosure Document (FDD) is a legal document that must be provided to potential franchisees by the franchisor before they enter into any agreement. It is one of your most valuable resources as a new franchisee. As part of your due dilige…
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DESCRIPTION: When considering purchasing a franchise, many people worry about the cost of franchise fees. The parent company charges these fees for new franchisees to join their system. If you're new to franchising, you may wonder why these fees seem so high and whether they're worth it. The franchise fee is an upfront payment when you buy a franch…
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DESCRIPTION: Franchising can be an excellent opportunity for aspiring business owners to get their feet wet in entrepreneurship. By joining a franchise, individuals can own and operate their businesses while still receiving support and guidance from the franchisor. However, it's important to note that franchising is not for everyone, and it's essen…
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DESCRIPTION: Franchise fees vary greatly, from a few thousand dollars to over $100,000. Some people may wonder why they should have to pay a franchise fee. However, the fee provides many benefits and is often necessary to profit in the franchise business. "It takes money to make money" is a saying that usually applies to the franchise fee. In this …
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DESCRIPTION: Do you want to avoid feeling stuck in your current job or career path? Are you ready to take control of your future and become your boss? A franchise may be the perfect opportunity for you. Imagine the sense of accomplishment and pride you'll feel as you build your own business and impact your community. Franchising allows you to parti…
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DESCRIPTION: Writing a book can be a great way to grow your business, find new leads, and increase income. A well-written book can increase the visibility of your business, attract new customers, and open up new opportunities. However, the process of writing a book can be challenging. If you're considering writing a book, weighing the potential rew…
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Franchising can be an excellent way to start a business with less risk. However, it's crucial to understand how it works and choose a franchise that matches your skills and experience. Just because you like eating at restaurants doesn't mean you should automatically buy a franchise, and it's essential to consider your knowledge and skills when choo…
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Buying a franchise can be a life-changing experience. Becoming a franchise owner is significant, and change (even good change) is always challenging. Make sure it's a positive experience by doing your due diligence before signing a franchise agreement. In this intro episode of the Franchise Hot Seat podcast, Dr. John P. Hayes gave the audience a ta…
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