Should You Buy a Franchise Business? | 5 Pros & 5 Cons I Learned from Owning a Franchise



Thinking of owning a franchise business? I owned a franchise for 5 years and today I plan to share 5 Pros and 5 Cons of Owning a Franchise Business based on both my experience and what I’ve discovered talking to others who have owned a franchise as well.

Being a franchisee isn’t for everyone. We all bring different skills to the franchise and sometimes these skills can help or hurt you. Don’t get me wrong, owning a franchise can be a great opportunity to build a very profitable business. But for some of you, owning a franchise will drive you up a wall and frustrate you to no end.

So, if you are wondering if owning a franchise is the best business for you to own, then check out what my 5 years of owning a franchise taught me.

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***Get Your Badass Business Owner Merch – https://badass-business-owners.myspreadshop.com

***The Understanding Your Business Numbers Course: http://KnowYourBusinessNumbersCourse.com
***FREE eGuide: 8 Steps to Earning $100,000 in Income in Your Small Business – http://bit.ly/8Steps100k
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WEBSITE: http://babolearning.com

RECOMMENDED VIDEOS
 6 Stages of a Small Business – https://youtu.be/vGwT3qIrHLo
 How to Read a Profit & Loss Statement – https://youtu.be/vdcOmuTtXS0
 Knowing Your Business Numbers: https://youtu.be/MrESaCR6js0
 Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ
 Pricing Your Services Correctly – https://youtu.be/doAKxyRa4pM

FREE GUIDES / TOOLS
 FREE eGuide: 8 Steps to Earning $100,000 in Income – http://bit.ly/8Steps100k
 FREE eGuide: How to Read a Profit & Loss Statement – https://bit.ly/ReadPL
 FREE Start Up Guide for Starting a Business – https://bit.ly/BusinessStartUpGuide

COURSES to HELP YOU
 Understanding Your Business Numbers – http://KnowYourBusinessNumbersCourse.com
 Start a Local Small Business – http://StartASmallBusinessCourse.com

PLAYLISTS TO CHECK OUT:
 PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw

 PLAYLIST: Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj

 PLAYLIST: Quick Business Tips? https://www.youtube.com/playlist?list=PLkSR9dYanvV158L57cLoJIXOYjC8Fhdnj

RESOURCES TO HELP YOU WITH YOUR BUSINESS
**Affiliate links: I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

 A Great Affordable Bookkeeping / Invoicing Company – Freshbooks: https://shrsl.com/2kpi8

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Local Small Business Owners are the Backbone of All of Our Communities!

WHO THIS CHANNEL IS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better!

#BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwner Podcast

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