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How to Buy Your Ideal Franchise Business (w/ Gary Prenevost)

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Manage episode 446400390 series 3569305
内容由Roger Pierce提供。所有播客内容(包括剧集、图形和播客描述)均由 Roger Pierce 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

In this episode of The Unsure Entrepreneur, Roger Pierce interviews Gary Prenevost, a Franchise Expert with over 30 years in the industry and author of the USA Today top-selling book, The Unstoppable Franchisee. As the President of FranNet Southern Ontario and Eastern Canada and a Board Member of the Canadian Franchise Association, Gary has guided thousands of entrepreneurs through the complexities of franchise ownership.

If you’re exploring entrepreneurship, consider this: A key advantage of franchising is the lower failure rate compared to traditional startups — under 20%, versus 50% for businesses started from scratch.

"Franchising isn't just about buying a business; it's a time-compression strategy," Gary says. He describes the model as a guided path where franchisees benefit from established systems, coaching, and a community of other franchisees.

Gary explains the depth and scope of franchising in Canada, where franchises account for approximately 45% of all retail sales. While food and retail franchises are most visible, he emphasizes that the industry spans over 60 sectors, including services like groundskeeping and tutoring.

Don’t want to invest a fortune? As Gary explains, there are franchises for all budgets ranging from small service-based franchises costing under $50,000 to large brick-and-mortar franchises that can exceed millions. And, with the Canada Small Business Financing Program, entrepreneurs can secure up to $500,000 in funding with a government guarantee.

This episode is packed with valuable insights for anyone considering franchising as a viable path to business ownership.

Resources

GaryPrenevost.com

YourE2EJourney.com

The Unstoppable Franchisee book on Amazon

LinkedIn Profile

  continue reading

22集单集

Artwork
icon分享
 
Manage episode 446400390 series 3569305
内容由Roger Pierce提供。所有播客内容(包括剧集、图形和播客描述)均由 Roger Pierce 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

In this episode of The Unsure Entrepreneur, Roger Pierce interviews Gary Prenevost, a Franchise Expert with over 30 years in the industry and author of the USA Today top-selling book, The Unstoppable Franchisee. As the President of FranNet Southern Ontario and Eastern Canada and a Board Member of the Canadian Franchise Association, Gary has guided thousands of entrepreneurs through the complexities of franchise ownership.

If you’re exploring entrepreneurship, consider this: A key advantage of franchising is the lower failure rate compared to traditional startups — under 20%, versus 50% for businesses started from scratch.

"Franchising isn't just about buying a business; it's a time-compression strategy," Gary says. He describes the model as a guided path where franchisees benefit from established systems, coaching, and a community of other franchisees.

Gary explains the depth and scope of franchising in Canada, where franchises account for approximately 45% of all retail sales. While food and retail franchises are most visible, he emphasizes that the industry spans over 60 sectors, including services like groundskeeping and tutoring.

Don’t want to invest a fortune? As Gary explains, there are franchises for all budgets ranging from small service-based franchises costing under $50,000 to large brick-and-mortar franchises that can exceed millions. And, with the Canada Small Business Financing Program, entrepreneurs can secure up to $500,000 in funding with a government guarantee.

This episode is packed with valuable insights for anyone considering franchising as a viable path to business ownership.

Resources

GaryPrenevost.com

YourE2EJourney.com

The Unstoppable Franchisee book on Amazon

LinkedIn Profile

  continue reading

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