Purchasing A Franchise
Are you working in a corporate career, but dreaming about owning your own business? Purchasing a franchise may be the right option for you.
This week, Host Mary McCarthy talks to Leslie Kuban, an Atlanta-area franchise consultant with FranNet. Leslie describes FranNet as a franchise matchmaker that helps people make the jump from employee to first-time business owner.
“We are a matchmaking service for people who usually have never owned their own business before. They’ve been working in a corporate career. They’d love to have independence, more control, more flexibility in their own business, but they don’t have their own entrepreneurial idea so to speak, and they are not in a spot usually to take a big risk.” ~ Leslie Kuban
Leslie talks about why more women are entering into franchising, how entrepreneurs can minimize their risk, and maximize their chances for success with operating a franchise.
:57 What is FranNET?
2:00 Leslie talks about her history working in several different franchises
3:32 Talks about joining FranNet and the process they use to help entrepreneurs
4:17 Some people don’t consider franchises to be small businesses, but they are.
5:24 Why the number of women is growing as franchise owners
7:25 Who makes a great franchisee?
9:00 How innovation plays a part in franchises
10:00 What are some of the top franchises?
11:16 What is a Semi-Passive Investment?
12:33 How much of an investment is a franchise?
13:00 One last piece of advice from Leslie… don’t rush yourself.
Thank you to The Successful Micropreneur podcast sponsor Liberty National Bank Expect the Best®
Liberty National Bank has six locations to help you: Ada, Bellefontaine, Bellefontaine South, Kenton, Marysville, Westerville
About our Guest Leslie Kuban:
About our Host Mary McCarthy
- Host, The Successful Micropreneur Podcast
- CEO, YMT Consultants
- Co-Founder of the Women’s Small Business Accelerator, Inc.
Mary McCarthy is the President of YMT Consultants, an entrepreneurial consulting and training firm in the Columbus, Ohio area. It focuses on one-on-one work with microbusiness owners (businesses with 20 or fewer employees, including the solopreneur), assisting them to monetize and create systems for their small businesses.