Is Your Business Ready To Franchise? 3 Myths Busted! W/ Mike Polluck #67 Close The Deal CLOSE THE DEAL / Franchise Investing / Franchisors & Entrepreneurs podcast

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Is Your Business Ready to Franchise? 3 Myths Busted! W/ Mike Polluck #67 Close The Deal

4M ago 31:15

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Mike Polluck, CEO of Franlift, busts 3 common myths about franchising your business. In short, is your business franchisable?

3 takeaways on this episode of the Close The Deal Podcast:

👉 Know Your Ideal Franchisee: Identifying franchisees who align with your brand’s values, have the required skills, and are committed to growth is essential. The right partners can drive success and uphold your brand’s standards.

👉 Master Your Financials Early: Be realistic about the initial costs, ongoing fees, and profitability timelines. Having clear financial projections and resources can make a critical difference in long-term franchise sustainability.

👉 Invest in Effective Training and Support: Comprehensive onboarding and continued training set your franchisees up for success. By equipping them with tools and support, you foster a culture of empowerment and help ensure brand consistency.

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Ewell Smith is talking with disruptors - entrepreneurs, franchisors, and marketing and sales pros. Whether you're considering starting a business or looking for ways to drive more leads and close more deals, this podcast is for you.
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Ewell interviews franchisors and franchise industry leaders to educate anyone considering a franchise. Get behind the scenes information so you start the process and close the deal on your first franchise or your next franchise.
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Visit www.CloseTheDeal.com to see all episodes.