Franchise Euphoria FranNet: A Franchise for Franchise Consulting, with Jania Bailey
Jania Bailey is the President and CEO of FranNet. Under her leadership, she’s led the company through unprecedented growth and has established FranNet as the most respected voice in the franchise consultant industry in North America. Since her tenure began, FranNet has more than doubled the number of FranNet offices across North America and has transitioned FranNet to a franchise business model.
Bailey also spearheaded national relationships with the SCORE, ASBDC, BNI and PAFI, while also forging partnerships with several veteran’s groups across the country. Through these relationships, Bailey has been instrumental in educating these organizations on the benefits of franchising. Bailey sits on the Executive Board of Directors for the International Franchise Association (IFA) and is a certified franchise expert. She also serves as Vice Chair on the IFA Membership Committee. Bailey also authored the book, “Thriving – The Journey to Success in the Business World” and co-authored the Amazon best-selling book, “More Than Just French Fries.”
Key Takeaways:
[0:22] Today’s episode of Franchise Euphoria is brought to you by The Franchise 5 package. Head over to franchiseeuphoria.com/franchise5 to learn more!
[1:01] Josh introduces today’s guest to the show, Jania Bailey, the president and CEO of FranNet.
[3:15] Josh welcomes Jania Bailey to the show.
[3:52] FranNet is a 32 year-old company that was originally founded as a mutual benefit company.
[4:32] Their concept now is that their franchisees provide franchise consulting for franchise prospects considering different systems.
[5:36] Right now, FranNet works with about 150 franchise brands.
[6:05] Recently, FranNet published their client “bill of rights” to help them understand what their business is and what it isn’t.
[8:12] The process for franchised businesses to connect with FranNet is thorough and taken very seriously. There are several steps a franchise has to go through before being approved.
[13:01] Jania details what the process of assisting a client at a FranNet location looks like.
[16:25] Josh reflects on some people who have reached out to him about buying a franchise, and oftentimes, they need some extra direction in selecting the right franchise.
[17:35] Oftentimes, people fall in love with the product from a franchise and don’t consider what it would actually be like to own one.
[18:36] FranNet has 55 offices in the US as well as locations in Canada and Germany.
[22:24] Thanks for listening, and please, reach out to Josh anytime through email at josh@franchiseeuphoria.com. If you enjoyed this interview, please leave us a review on iTunes.
Mentioned in This Episode: