Franchise Secrets Podcast

Breaking Boundaries: Jeff Herr and Zack Fishman on the Rise of Young Entrepreneurs in the Franchising World

May 30, 2023

01:00:04

Are you ready to dive into the world of franchising and discover the next big thing?

In this episode, Erik and his guests, Jeff Herr and Zack Fishman, explore the exciting world of franchising and its evolution, focusing on emerging trends and brands. They also talk about the younger generation in franchising, labor issues and how to solve them, the importance of branding, and why consultants do what they do.

Jeff Herr is an entrepreneur with many interests including franchising, financial services, consulting, and administrative outsourcing. He is Erik's business partner at Front Street Equity Partners, so you'll hear his insights on private equity firms buying into brands.

Zack Fishman has been the face of Fishman PR’s business development efforts since 2019, leading the sales process, speaking at industry conferences, and co-hosting the podcast, Modrn Business. Additionally, Zack is the key contact for vendor relationships through Franchise Supplier Network, a supplier consultancy he is a partner in.

Tune in to gain valuable knowledge about the dynamic landscape of franchising and the role of the younger generation in shaping its future. Be part of the franchising revolution!

“I believe that consultants serve a really awesome purpose if they're used responsibly, and I think there are a lot of people that do that today.” - Zack Fishman

In This Episode:

- Millennials, Gen Z, and Gen Alpha and the franchising industry

- Trends, emerging brands, and the evolution of the franchising industry

- Labor issues and how to solve them

- Franchisors bragging about the wrong stats

- Why is branding so important, especially for an emerging brand?

- Why are some private equity firms buying off on units sold?

- Why territory is the gold when it comes to franchising

And more!

Resources:

- Learn more about Erik’s franchisee mastermind here - www.franchisetribe.com

- Learn more about Erik’s franchisor mastermind here - www.franchisortribe.com