161. Create a Business That’s Built to Scale - Here’s How!

The UpFlip Podcast

Dr. Tom DuFore is the CEO of Big Sky Franchise Team, who has helped brands like Jamba Juice and Massage Envy expand through franchising. With his extensive experience, Tom will share key insights on how franchising can unlock massive growth for your business.

Franchising is the ultimate way to scale fast, empower other entrepreneurs, and grow your business into a powerful success. But when’s the right time to franchise, and who should consider it? Today, we’ll explore how franchising can transform your business and create new opportunities.

Resources:

• Work with Tom: https://bu6ih9pl2q5.typeform.com/to/eEMBeRgA
• Get 500 free business ideas: https://bit.ly/4epXvjR

Connect with UpFlip:

• On Facebook
• On Instagram
• On Youtube
• @UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

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1. 161. Create a Business That’s Built to Scale - Here’s How! (00:00:00)

2. Background (00:00:43)

3. What is Franchising? (00:03:45)

4. Exponential Growth (00:07:02)

5. The Skill You Must Have (00:08:56)

6. What Type Should You Consider? (00:11:25)

7. First Steps to Take (00:12:09)

8. Building a Business Plan (00:16:33)

9. Mitigating Risks (00:17:01)

10. Costs to Franchise (00:18:46)

11. Fees for Franchisees (00:20:18)

12. Margins (00:22:23)

13. Income Potential (00:24:17)

14. Who Should Buy a Franchise? (00:27:59)

15. Fan Blitz Questions (00:30:21)

16. Ryan's Takeaways (00:35:06)