In this episode of The Advisory Board, we learn from Franchise Development wizard, Ryan Zink, co-founder of Franchise Fastlane, and now Franchise Sidekick about franchise development best practices from the perspective of the franchise candidate.
Ryan and Dave discuss ways franchisors should evaluate their readiness to franchise. And it's not what you think.
Ryan shares the two most important things franchise candidates are looking for in a brand.
And, he and Dave discuss what franchisors need to have in place to help a new owner progress from a franchise owner, to a sufficient cashflow to only work for themselves, and then to build a company that will enable them to reclaim their most precious commodity - TIME.
They dig deeper into what franchise development and consultants need to focus on to help candidates make informed and long-term decisions when selecting a franchise concept.
You're going to enjoy this one!
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