Side Hustle Hero 92: How To Find The Best Franchise (for you), with Greg Mohr
Can you own and operate a franchise as a side hustle?
"Absolutely!" says today's guest Greg Mohr.
He's a franchise consultant who helps match people to their best franchise, and the Wall Street Journal bestselling author of, Real Freedom: Why Franchises Are Worth Considering and How They Can Be Used For Building Wealth.
Greg shares;
- pros and cons of buying a franchise, vs building your own business from scratch,
- crucial steps you need to take in choosing and assessing a franchise,
- specific questions to ask existing franchisees before you buy,
- funding sources,
- why you want most of the franchisor's revenue coming from ongoing royalty fees, and
- SO much more!
Need a little push (and a lot of guidance!) to start and grow your side hustle?
You can live your best life. Dive into my online Masterclass: Turn Your Thoughts Into Wanted Things
For full show notes head over to:
https://www.sidehustlehero.com/92
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Resources Greg mentioned:
Franchise Maven, Greg's website
Making Money With Water Vending Machines, episode 59
International Franchise Association (IFA)
International Franchise Professionals Group (IFPG)
SCORE - a non-profit for business advice in the US
Connect with Joan:
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Tell us about your side hustle success story!