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How to Choose the Right Franchise with FranNet CEO Jania Bailey
Manage episode 438121658 series 3584211
内容由Franchise Consultant and Franchise Coach - Tracy Panase and Shannon Wilburn, Franchise Consultant, Franchise Coach - Tracy Panase, and Shannon Wilburn提供。所有播客内容（包括剧集、图形和播客描述）均由 Franchise Consultant and Franchise Coach - Tracy Panase and Shannon Wilburn, Franchise Consultant, Franchise Coach - Tracy Panase, and Shannon Wilburn 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品，您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
When it comes to owning a franchise the most important thing you can do to set yourself up for success is to do your due diligence.
And the most effective way to do your due diligence is with FranNet's 7-step process that sets you, the potential franchisee, up for long-term success.
Today, we are joined by Jania Bailey who joined FranNet in 2006 and in 2015 assumed the role of CEO of FranNet. Under her leadership, she has led the company through unprecedented growth and has established FranNet as the most respected voice in the franchise consultant industry in North America and is a certified franchise expert.
Jania is diving into the 7-step process that she uses to set you up for success as well as clearing up the most common misstep she sees with potential franchisees and diving deep into factors like risk tolerance, financial performance, and the emotional impact of running a franchise.
So, whether you are a potential franchisee or an emerging franchisor this episode is packed with actionable steps for long-term success.
Connect with Jania:
Phone # 502-719-8349
Email: jbailey@frannet.com
LinkedIn: linkedin.com/in/janiabailey
Episode Highlights:
- The 7-step process of FranNet
- Common shortcuts taken by prospective franchisees
- Characteristics of a good franchisee-franchisor match
- Knowing your risk tolerance when as a franchisee
- Financial considerations when buying a franchise
- Insights on the Franchise Disclosure document (FDD)
- Responsible franchising practices
- Importance of franchises understanding key performance indicators (KPIs)
- Understanding the emotional investment of a franchise
Connect with Tracy
Personal LinkedIn: https://www.linkedin.com/in/tracy-panase/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale
JBF Franchise System - https://jbfsalefranchise.com/
Email: podcast@jbfsale.com
Connect with Shannon
Personal LinkedIn - https://www.linkedin.com/in/shannonwilburn/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale
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