Create Wealth Through Franchising

In this episode of Create Wealth Through Franchising, Kim Daly and Erik Van Horn, an established figure in the franchising world, delve into the realm of franchise consulting. Erik shares his extensive journey, from his beginnings as a tax franchisee to becoming a leader in assisting emerging franchisors to scale their businesses. He discusses his strategic philosophy of semi-absentee ownership, highlighting the effectiveness of managing franchises remotely. Together, they explore the critical role of franchise consultants in steering potential franchisees towards well-informed decisions. Erik emphasizes the importance of selecting the right franchisor, focusing on essential qualities such as leadership, robust support systems, and the potential for profitability.    Also in this episode:  During the franchise matching process, it should be emphasized that selecting a franchise is about finding a good match for the owner's role, investment capacity, and overall business model rather than focusing solely on the industry. The franchisor's experience building and scaling a franchise system is critical for the success of new franchisees. A knowledgeable franchise consultant provides invaluable insight and vetting, ensuring that potential franchisees can navigate the complex franchise landscape with help.   About the Guest: Erik Van Horn is a distinguished franchising expert with a diverse background spanning over two decades in the industry. Starting his career in his mid-twenties with a tax business, Erik rapidly ascended from managing individual stores to overseeing expansive networks. His roles have included franchisee, regional developer, franchise consultant, and franchisor representative, providing him with a comprehensive view of the industry. Currently, Erik is a partner at Front Street Equity, where he specializes in mentoring young and emerging franchisors to scale their operations and enhance enterprise value.

In this episode of Create Wealth Through Franchising, Kim Daly examines the critical role of brand equity by addressing a scenario with a candidate exploring franchise opportunities in fitness and senior care. She dives into the sophisticated process of matching these opportunities with the right candidates, stressing that the choice of industry should complement, rather than dictate, the decision-making process.    Also in this episode:  During the franchise matching process, it should be emphasized that selecting a franchise is about finding a good match for the owner's role, investment capacity, and overall business model rather than focusing solely on the industry. The franchisor's experience building and scaling a franchise system is critical for the success of new franchisees. In retail franchises, the value of national brand recognition and brand equity significantly influences the franchise's success and resale potential.   Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation.   #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment

In this episode of Create Wealth Through Franchising, Kim Daly (The Daly Coach) interviews Mark J. Kohler, a tax attorney specializing in wealth, estate, and asset protection planning. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #taxplanning #taxadvantages #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment

In today's episode I interview Tina Boggs, a franchisee with Seniors Helping Seniors. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment #eldercare #seniorshelpingseniors

Feeling stuck on the sidelines about starting a business? Franchisepreneur Kevin McNamara reveals how he thrived in the salon suite industry, even opening two locations during the pandemic. His journey underscores the importance of resilience and creativity in business. In today's episode I interview Kevin McNamara, a multi-unit franchisee with IMAGE Studios 360. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment #salonsuite #imagestudios360  

The wealthiest people all seem to have something in common: They make decisions based on their DESIRES, not their FEARS. In today's episode, I interview Emily Williams, a serial entrepreneur, author, speaker, and mindset and success coach. Emily shares how setting financial goals and adjusting your mindset around wealth can result in your money SERVING you instead of holding you back! Learn more about Emily and her services at http://emilywilliams.com. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment #goalsetting #businesscoach #coaching

This entrepreneur went being a "recovering CPA" to a successul business coach, guiding others on how to craft a success exist strategy to maximize their wealth. Greg DeSimone shares his story and his own secrets to success in this powerful conversation. In today's episode I interview Greg DeSimone, Director of FocalPoint Finance Division and President of Catapult Advisory Group. Learn more about Greg and his services at http://CatapultAdvisoryGroup.com. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment #goalsetting #businesscoach #coaching

Mike Walters was decades into his career, growing closer and closer to receiving a pension and Social Security, and reached the point where he couldn't do it anymore. Learn how Mike justified taking the leap of his life into business ownership, why a franchise investment was the right fit for his family, and how things are going for them now. In this episode of Create Wealth Through Franchising, Kim Daly (The Daly Coach) interviews Mike Walters, a multi-unit franchisee with Seniors Helping Seniors. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #seniorshelpingseniors #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment

In this episode of the Create Wealth Through Franchising podcast, I interview Nick Mariniello, a successful business coach and Focal Point Coaching franchisee. Nick shares his journey from Wall Street to entrepreneurship and eventually into business coaching, emphasizing the benefits of becoming a franchisee and the role of a business coach in assisting business owners to achieve clarity, effectiveness, and a balanced lifestyle. He underscores the alignment of personal vision with business activities and the pivotal role of proper coaching in achieving business success and personal fulfillment.Learn more about Nick and Focal Point Coaching at http://nickmariniello.focalpointcoaching.com Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment #businesscoach #coaching #successmindset #millionairemindset

Successful franchisees stick strictly to the business model. It sounds simple, but executing that advice effectively can be the difference between mediocrity and greatness. Bill Tullis of Home Franchise Concepts joins the conversation to discuss this and so many other success strategies for franchisees!   In this episode of Create Wealth Through Franchising, Kim Daly (The Daly Coach) interviews Bill Tullis, Senior Operations & Franchise Business Consultant with Home Franchise Concepts. Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation. #franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #homefranchiseconcepts