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Former Searcher Opts to Franchise Instead
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Feb 02, 2023
Episode Duration |
01:30:40

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:

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

Register for a live gathering of SMB, Micro-PE, and ETA owners, operators and investors:

Connect with Acquiring Minds:

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

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:

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

Register for a live gathering of SMB, Micro-PE, and ETA owners, operators and investors:

Connect with Acquiring Minds:

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