How To Build A Franchise Empire - Brian Beers

Brian’s family has been in the Midas business since 1976. 

Since Brian took over the family business in 2010, he has successfully grown the company from six to 29 locations — positioning themselves as the fourth largest Midas franchisee in the United States — and increased revenue from $5M to $26M in sales.
In today's episode of Boring Businesses, I'm joined by Brian Beers to explore the world of franchising, the opportunities and challenges of taking over a family business, the secrets behind starting a Midas franchise in 2023, and so much more. 

Timestamps:

00:00 Intro
00:42 How Brian Got Into The Midas Business
03:06 Evolution Of The Company Over The Years
04:38 Brian’s Hiring And Retention Strategy
08:50 Taking Over The Family Business
10:23 How To Increase Your Profitability
12:58 The Importance Of Mastermind Groups For Businesses
16:47 How To Start Your Own Midas Franchise
21:50 How Seller Financing Works
24:41 How To Choose The Right Location For A Franchise
26:54 Selecting The Right Business Model
31:22 The Importance Of Mentoring For Growing A Business
34:17 How To Find Balance When Running Multiple Franchises


👉 Connect with Sieva

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👉 Connect with Brian

Website: https://www.brianbeers.com/
Twitter: https://twitter.com/brianbeers
Instagram: https://www.instagram.com/businesswithbeers/
LinkedIn: https://www.linkedin.com/in/brian-t-beers/


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