17min chapter

Franchise Secrets Podcast cover image

Franchise Depth vs. Diversification: Should You Grow One Brand Or Own Multiple?

Franchise Secrets Podcast

CHAPTER

Navigating Franchise Choices

This chapter explores the challenges and advantages of service-based versus brick-and-mortar franchises, highlighting the unpredictable nature of service jobs and the scalability of traditional models. It emphasizes the importance of self-awareness in franchisee decision-making and examines the experiences of franchisees diversifying across brands, particularly in the food sector. The discussion also considers the shift to simpler franchise models in areas like beauty and fitness, focusing on operational efficiency and improved margins.

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