Podknife - Former Searcher Opts to Franchise Instead by Acquiring Minds

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Former Searcher Opts to Franchise Instead

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Feb 02, 2023
Episode Duration |: 01:30:40

Description
iTunes Summary

Jacob Lee signed up for 10 locations in the Scenthound franchise after deciding it was a better opportunity than search.

Topics in Jacob's interview:

Why starting franchise locations makes more sense than buying a business
Return on equity in franchising vs. search
Getting over pride when choosing to franchise
How Jacob selected Scenthound from 4,000 franchise options
Other franchises Jacob considered
How to analyze a franchise opportunity (especially a young one)
All about Scenthound - concept, numbers, fees
Franchising compounds
How to build 10 units over 4 years (plus the 2 key hires that make it possible)
Using SBA loans in franchising

References & how to reach Jacob:

Jacob's Twitter thread cited in the interview
Scenthound
Brent Beshore
express.com/">Tommy's Express Car Wash
The Joint Chiropractic
LinkedIn
@jacoblee295
j lee AT scenthound dot com

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

SMBash

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

Jacob Lee signed up for 10 locations in the Scenthound franchise after deciding it was a better opportunity than search.

Topics in Jacob's interview:

Why starting franchise locations makes more sense than buying a business
Return on equity in franchising vs. search
Getting over pride when choosing to franchise
How Jacob selected Scenthound from 4,000 franchise options
Other franchises Jacob considered
How to analyze a franchise opportunity (especially a young one)
All about Scenthound - concept, numbers, fees
Franchising compounds
How to build 10 units over 4 years (plus the 2 key hires that make it possible)
Using SBA loans in franchising

References & how to reach Jacob:

Jacob's Twitter thread cited in the interview
Scenthound
Brent Beshore
express.com/">Tommy's Express Car Wash
The Joint Chiropractic
LinkedIn
@jacoblee295
j lee AT scenthound dot com

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

SMBash

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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