S2 E15: Twitter Spaces Special: Success Strategies That Work Across ALL Franchise Models
Franchise Empires
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How to Be a Successful Franchisee
For this to work, folks, I really do think it's, you got to be in the system of a franchise and that way you have some type of reputation. You know, for a lot of systems, send sales reports out with your name on it and location. And then we go into three numbers, which is down payment, monthly payment, and number of months. We tell them that, you know, send us your P&Ls. What we're going to do is look at like kind of a rolling 12 month, what the cash flow to the owner is. To us, it's worth like two and a half to three times. So if they're making a
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