Acquiring Minds

How to Build a Portfolio of 20 Franchise Locations

4 snips
Apr 17, 2023
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Episode notes
1
Introduction
00:00 • 2min
2
The Progression of Wingstop's Search to Buy a Portfolio of Franchise Locations in One Flush
02:29 • 3min
3
The Economic Crisis in VC
05:27 • 2min
4
The Challenges of Searching in New York
07:37 • 2min
5
How to Search for a Business in New York City
09:36 • 3min
6
The Problem With a Traditional Search Fund
12:11 • 2min
7
The Wolf of Franchises
13:47 • 4min
8
How to Be a Successful Entrepreneur
17:35 • 2min
9
The Difference Between Independent Sponsor and Self-Funded Searchers
19:26 • 3min
10
How to Achieve a Successful Franchise Business
22:02 • 2min
11
The Pros and Cons of Quote Unquote Searching
24:11 • 2min
12
How to Be a Successful Franchisee
26:19 • 4min
13
The Importance of Empathy in Franchise Sales
30:35 • 3min
14
How to Narrow Down Your List of Franchises
33:17 • 2min
15
How to Reach Out to Franchise Owners
34:53 • 2min
16
How to Get Multiple Reps at a Specific Type of Business
36:28 • 4min
17
The Seven Advantages of a Franchise Network
40:38 • 4min
18
The Differences Between SBA and SBA Loans
44:10 • 2min
19
The Difference Between SBA and SBA Loans
46:09 • 2min
20
How to Buy a Wingstop Franchise
47:47 • 4min
21
The Importance of Contracts in Business
51:31 • 2min
22
Wingstop: A Less Hospitable System
53:02 • 3min
23
Wingstop's Development Agreement to Open More Units
56:16 • 3min
24
How Wingstop's COVID Has Impacted the Restaurant Industry
59:42 • 2min
25
Ghost Kitchen: A COVID-Friendly Business
01:02:03 • 4min
26
Ghost Kitchens: A Category for Growth
01:05:38 • 2min
27
How to Run a Business Like This
01:07:54 • 3min
28
How to Improve Your Payroll Process
01:10:24 • 2min
29
The Stress of COVID in Restaurants
01:12:46 • 3min
30
How to Attract More Talent and Retain Talent
01:15:37 • 4min
31
How to Motivate People Who Don't Want to Be There
01:19:26 • 3min
32
The Importance of Operational Complexity
01:22:05 • 3min
33
The Advantages of Working in a Franchise Industry
01:25:09 • 2min
34
The Pros and Cons of Working in an Independent Business
01:27:33 • 3min
35
How to Be Reached Out to Searchers
01:30:38 • 3min