AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Acquiring Minds
How to Buy Franchise Businesses, Then Sell to PE
Dec 26, 2024
Alicia Miller, author of "Big Money in Franchising" and former franchise owner, shares her journey from corporate life to successful franchise ownership. She dives into the intricacies of acquiring and turning around Sylvan Learning Centers. Alicia offers invaluable tips on negotiating acquisitions and discusses the impact of private equity on franchising. Discover which brands appeal to investors and how emerging franchises disrupt traditional markets. Her insights on the challenges and opportunities of franchise ownership are both enlightening and inspiring.
01:10:36
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Alicia Miller transitioned from corporate life to franchise ownership, seeking a structured model that aligned with her new motherhood aspirations.
- She revitalized underperforming Sylvan Learning Centers through effective management and marketing strategies, turning each location into a profitable entity.
Deep dives
Alicia Miller's Transition to Franchising
Alicia Miller transitioned from a corporate career in high tech to entrepreneurship through franchising after realizing the demands of her corporate job conflicted with her aspirations as a new mother. Her previous experience made her aware of the risks associated with starting a business from scratch, leading her to consider existing franchises as a more viable option. In 2013, she decided to acquire a portfolio of Sylvan Learning franchises, focusing on enhancing their performance and profitability. The decision to enter franchising was rooted in her desire for a structured business model that provided support and a clear roadmap.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode