Franchise

“The things that make The best franchises are the simplest concepts, right? The more complicated the concept, the less well a franchise structure works because all of that complication has to be trained into your franchisee or the whole thing falls on its face.”

“First I would say if you're not thrilled with your job that's already a sign that you wouldn't like, telling people telling you how to do your job and you should definitely not look at franchises because that's their whole model. They tell you how to do your j…”

“Right now, none of the individual teams, franchises themselves in the IPL are doing that. They are starting, but mostly that work falls on the BCCI.”

“There is a sweet spot In Kona ice with a couple franchises and maybe an ancillary or two, and you can make plenty of money. You can really have a great life, but everyone kind of gets into this and they're like, Hey, how do I conquer the world?”

“We have a phrase in, in the companies that I've been in part of is that we need you to imitate before you innovate. And all that means is, is follow the system. Work that system and then innovate and say, Hey, we tried this at our store.”

“When you're looking for a franchise, you're not necessarily working just for a product that you like, but you're kind of looking at the people that are behind the brand. And so you have to find that group of people that's done that before.”

“If you're going to franchise, it should be that person's day job. I think that's probably critical to the success of any franchise. If you look at like the Chick-fil-A model where they allow, allow them to Own one unit. I think that's a really, that's a good, …”

“Franchairs is the first investment marketplace where people can invest in franchises.”

“Investing in franchises provides outsized returns compared to the stock market, while providing passive income, a hedge against inflation, and diversification from market volatility.”

“Franchises are best owned by lawyers because it's all contract.”

“Your bottom line isn't nearly what you thought it would be. You were expecting 30% and it's 10, for example, because of all the various ways you have to pay the franchisor.”

“The reality of a franchise that I think is a massive misconception is that it's so well put together that you just buy it and place it someplace and hire a manager and walk away. That's never the reality of these things.”

“In California, that same exact model that that franchise built, you need six people to do this volume in this place would lose money due to our cost of labor. So I'd have to figure out the franchise or model, but with maybe four people where they say I need si…”

“When you're building your SaaS business, think of it like a franchise. Franchise is some of the best business models in the world. It's like software. You just copy and paste it, you know, all around the world. And you can do that same exact thing with your SA…”