What it Takes to Become a Franchise Millionaire with Lance Graulich of ION Franchising

Lance Graulich is the Founder and CEO of ION Franchising, an industry-leading franchise, consulting, and development group. They represent over 650 franchise brands and business opportunities within 90 different categories. 

Lance helps prospective entrepreneurs find their perfect franchise free of charge and he also helps independent business owners create a franchise system. He started in a family business on Wall Street after receiving his economics degree. He joined TGI Friday's franchise in Arizona as a key executive and was vital in the rapid growth of the over $225 million organization. 

Lance was a multi-unit, multi-state franchisee of Wingstop and Krispy Kreme Doughnuts. He has created countless startup brands and is one of the industry-leading donut experts. He is the Founder of the doughnut chain Pinkbox Doughnut in Las Vegas.

As a business start-up expert with more than 25 years of experience, Lance has served as President of various franchise advisory councils and boards advising emerging franchise brands. He has also helped a multitude of companies grow efficiently and effectively, and he routinely provides advisory services to private equity firms covering the restaurant industry.

In this episode…

Are you interested in starting a new business but have no idea on how to begin? Are you looking to expand your brand to other areas but don’t want the associated cost? If these are questions that you want answered ASAP, you should consider resourcing up and hiring two people who can help you get those questions answered: an attorney and an accountant.

The only caveat is that there are many misconceptions about franchising especially if you’re asking for advice from the wrong people. But connecting with experts such as Lance Graulich, who is a serial franchisee and a certified business startup expert, helps you avoid three very possible scenarios: ruining your brand, missing out on a great business opportunity, or getting hit with the double whammy in one fell swoop.

Make sure to tune in to this episode of Inspired Insider as Dr. Jeremy Weisz as he chats with Lance Graulich, the Founder and CEO of ION Franchising, about the challenges and opportunities that come with franchising. They'll discuss how to leverage franchising to expand your brand, how Lance became a successful franchisee, the work he does with some remarkable brands that he represents, and how he can help you become a franchise owner even with a $50,000 budget.