AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Navigating Business Ownership Models
This chapter explores the strategic considerations between owning franchises and direct business ownership, emphasizing the clarity and control offered by the latter. It features a personal story of transitioning from a franchise model to full ownership while addressing the unique challenges of optimizing a music lesson business for neurodivergent children. The discussion includes critical strategies for improving cash flow and gross margins through innovative pricing structures and effective resource management.