Providing great information to help aspiring Entrepreneurs transition out of their current business or corporate job into another business or franchise.
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AI Trends and Considerations for Aspiring Franchise Owners
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In today's episode of "What's Your Next," we dive deep into the transformative power of AI within the franchising industry. Whether you're a potential franchisee or a current franchisor, understanding the latest AI trends is crucial for staying competitive and maximizing efficiency. The hosts share their insights on the emerging AI trends, investme…
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1
AI Revolution: Transforming Franchises from the Inside Out
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Artificial Intelligence (AI) is becoming a cornerstone in revolutionizing franchise operations, enhancing efficiency, customer experience, and marketing strategies. In this podcast episode, we delve into the transformative power of AI across three key areas: operational efficiency, customer experience, and marketing and sales. Operational Efficienc…
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1
Embracing AI in Franchising: Opportunities and Pitfalls
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We delve into the transformative impact of artificial intelligence (AI) on the franchising industry. The AI software market is projected to reach a staggering $126 billion by 2025, highlighting the significant role AI is set to play in the near future. One of the key trends discussed is the use of AI for evaluating return on investment (ROI) and ma…
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Rising Franchise Labor Costs: Strategies for Navigating the New Normal
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In this episode, we tackle the hot topic of inflating labor costs in the franchise market. Aspiring business owners will find this episode particularly enlightening as we break down the complexities of labor costs and provide actionable insights for managing them effectively. Key Insights from the Episode We emphasize that understanding and managin…
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Ready to Buy a Franchise? Consider These Key Factors Before Quitting Your 9 to 5
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https://www.NextLevelFranchiseGroup.com Thinking of leaving your corporate job to buy a franchise? Here are essential considerations to ensure a smooth transition: Financial Readiness: Ensure you have at least $50,000 in liquid cash. Maintain a safety fund for unexpected downturns. Time and Effort: Choose a business model that suits your current si…
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Navigating Uncertainty: Thriving in Franchise Ownership Amid Economic Shifts
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In the latest episode, we delve deep into the challenges and opportunities of franchise ownership amid economic uncertainties. They provide insightful perspectives and valuable advice for aspiring business owners considering franchising during volatile economic times. Key Points: Current Economic Climate: The world is experiencing significant econo…
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1
Discover Your Future with Pillar to Post: The Premier Home Inspection Franchise Opportunity
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https://www.NextLevelFranchiseGroup.com Are you looking for a business opportunity that combines flexibility, financial security, and the potential for significant growth? Pillar to Post, the leading home inspection franchise in North America, may be the perfect match for your entrepreneurial aspirations. Here’s why you should consider this opportu…
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1
Unleashing the Power of Your Franchise Investment: Mastering the ROI Calculator
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https://www.nextlevelfranchisegroup.com/franchise-return-on-investment-calculator In the bustling world of franchising, understanding and maximizing your Return on Investment (ROI) is crucial for success. The latest episode of "What's You Are Next" podcast dives deep into this topic, offering invaluable insights for aspiring business owners. Hosted…
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1
The ROI Blueprint: Navigating Financials to Spot a Winning Franchise
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Diving into the world of franchising can be both exciting and overwhelming. With thousands of options available, how do you choose the right one? The key lies in understanding the Return on Investment (ROI) and other crucial factors that contribute to a franchise's success. Here's a simplified guide to help you navigate through the financials and s…
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1
Avoid the Pitfalls: Essential Insurance Tips for New Entrepreneurs!
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Insurance is often a topic many shy away from, but for aspiring business owners, it's an essential aspect of ensuring the longevity and security of your venture. Here are some key takeaways from this in-depth interview with insurance expert Nicolas “Nico” Lares: Insurance is a Must for Business Owners: It's not just about legal compliance; insuranc…
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Crack the Code: Unveiling the Secrets of Franchise ROI
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https://www.NextLevelFranchiseGroup.com Discovering the potential return on investment (ROI) in franchising can seem daunting, but it's crucial for aspiring and current franchisees. This blog post simplifies the concept of franchise ROI, making it easy to understand and evaluate for anyone looking to invest in a franchise. Key Takeaways: -Understan…
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1
Unlocking Success in Franchising: Beyond Familiarity
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https://www.NextLevelFranchiseGroup.com Previous Funding Video https://www.youtube.com/watch?v=VtWr3_-MSog Diving into the world of franchising can be an exhilarating journey toward business ownership. Yet, many aspiring entrepreneurs hesitate, bogged down by misconceptions about the need for industry experience. In this concise, bullet-pointed blo…
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1
Warning: Are You Losing Sleep Over Franchise Funding
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https://www.NextLevelFranchiseGroup.com Title: "Unlocking Franchise Success: Navigating the World of Funding" Key Takeaways from the Podcast: Franchise Funding Basics: You don't need 100% of the money upfront to acquire a franchise. Various funding opportunities are available, often requiring less than 50% personal capital. Understanding Franchise …
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1
Join The Fastest Growing Painting Franchise - That 1 Painter
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Would you like to own a business that's SIMPLE, PROFITABLE and provides done-for-you MARKETING and CALL CENTER SUPPORT? 🤩 Watch the replay of our webinar featuring That 1 Painter franchise - the fastest growing painting franchise! 🖌️ You might be thinking "I'm not a painter." "I don't see myself owning a painting business." AWESOME! Because you DO …
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Fear, Funding and Familiarity - The 3 F’s That Keep People From Pursuing Business Ownership - Part 1: Fear
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https://www.NextLevelFranchiseGroup.com The 3 F’s That Keep People From Pursuing Business Ownership - Part 1: Fear In the world of franchising, fear is a common but conquerable obstacle. Here's a concise, bullet-point summary of key insights from the "What's Your Next" podcast episode on tackling fear when buying a franchise: Defining Fear: Often, …
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1
Unlocking the Potential: The Best Franchises for Aspiring Business Owners
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https://www.NextLevelFranchiseGroup.com Hot Topic for Aspiring Business Owners: Exploring the best franchises to own, following up on our discussion about various business types. Choosing the Right Franchise: Key criteria include profitability, strong support, a proven system, and a solid brand reputation. Top Franchise Categories: Children and Edu…
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Choosing Your Path to Business Ownership: Starting from Scratch, Buy Existing Business, or Franchising
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https://www.NextLevelFranchiseGroup.com Are you dreaming of escaping the corporate nine-to-five grind and starting your own business? If so, you're in the right place! In this episode of "What's Your Next?" Dave and Stacey Riska, a husband-and-wife franchising duo, discuss the various options for business ownership and the pros and cons of each. Le…
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From Service to Success: A Military Couple's Journey into Franchise Ownership
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Are you dreaming of owning your own business but not sure where to start? Janna and Peter, a husband-wife duo, share their inspiring journey from military service to successful franchise ownership in this episode of “What’s Your Next”. They worked with Franchise Dream Matchmaker Stacey Riska to find the perfect business opportunity, and their story…
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1
What are Some of the Key Benefits of Franchise Business Opportunities
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We're going to cover something which is when you are taking a deep dive into the world of business ownership one of the very best ways and most exciting avenues for entrepreneurship is franchise business opportunities. We are going to discuss what are some of the key benefits of franchise business opportunities So a lot of people have misconception…
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1
50 Shades of Opportunity Owning A Black Optix Tint Franchise
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Are you ready to seize an amazing opportunity where you can own an in-demand tinting and auto-styling business? Watch the replay of this electrifying webinar, "Shades of Opportunity: Discover Black Optix Tint Franchise Ownership," where we'll unveil how you can own this solid franchise business. The Black Optix Tint Difference: Learn what makes Bla…
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Do I Really Have to Sign the Franchise Disclosure Document Item 23?
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https://www.NextLevelFranchiseGroup.com We are so excited because we finally reached the review of the final item of the Franchise Disclosure Document (FDD). If you've been hanging in there with us, we know this is a lot of information, but it's worth understanding the FDD and what you are agreeing to. If you've reviewed this information and looked…
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https://www.NextLevelFranchiseGroup.com Guess what, imagine this, we're going to be covering another item in the Franchise Disclosure Document (FDD), but we promise we are really close to the end. If you've been following along with us through all the Items of the FDD, you're probably worn out by now. The good news, this is a short item. It's item …
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Is Your Franchisor Having Financial Difficulties? Find Out in Franchise Disclosure Document Item 21
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https://www.NextLevelFranchiseGroup.com Can you imagine that there are 23 Items in the Franchise Disclosure Document (FDD). We are closing in on the end covering all the Items, and we are now covering Item 21 which is the financial statements of the franchisor in general. The most important part about this Item is that there are two sets of financi…
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Becoming a Grandmapreneur: Never Too Late to Chase Your Dreams
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https://www.NextLevelFranchiseGroup.com Hello, everyone! Welcome back to another episode of "What's Your Next." I'm Stacey Riska, your expert franchise matchmaker, here to help you find a business that's a perfect match for you. Today, we have a special guest, Connie Inukai of Write Your Selfie. Connie is not just an author and inventor, but also w…
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Is Your Franchise Closing Locations ... Find Out in Item 20
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https://www.NextLevelFranchiseGroup.com So we are back on the Franchise Disclosure Document (FDD) looking at item 20 and it’s a doozy. It's a prominent item in that there are a lot of numbers and facts and figures that are covered in this Item regarding the number of units within a franchise being disclosed. In this particular Item, it's not like I…
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1
The Granddaddy of the Franchise Disclosure Document - Item 19
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https://www.NextLevelFranchiseGroup.com For those of you who have been following us along, we're going back to the Franchise Disclosure Document (FDD) and we're covering the granddaddy of all the Items (of the FDD), which is Item 19. We're gonna learn what is Item 19, and why is it important and give you some advice on how to follow up on Item 19 i…
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1
Multi-Unit or Single Unit … That is the Franchise Question
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https://www.NextLevelFranchiseGroup.com Great news … we are not going through the Franchise Disclosure Document in this post, we are actually going to be covering something that you will be exposed to likely if you are investigating a franchise, if the franchise has this opportunity available for you, and that is what is a Multi-unit Franchise. Mul…
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You Can Own A Business Of Caring: How Right At Home Franchise Is Transforming Lives and Bottom Lines!
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Are you ready to make a difference while building a thriving business? Watch the replay of this webinar as we unveil the incredible world of Right At Home Franchise, where compassion meets entrepreneurship. Here's what you'll learn during this exciting event: Explore the booming and lucrative senior care industry: Tap into a thriving market that of…
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IKIGAI: The Magic Word That Will Give You A Happy, Healthy, Sustainable and Prosperous Life
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IKIGAI - no it’s not a new buzzword. But it is a word you’ll want to understand if you want a happy, healthy, sustainable and prosperous life. On this episode of “What’s Your Next?” Stacey interviews Emille Bryant to unlock the secrets of living a fulfilled and purposeful life. You’ll learn: How to align your inner desires with the outer world Wake…
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What Happens When a Public Figure is Involved With Your Franchise - Franchise Disclosure Document Item 18 Disclosed
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https://www.NextLevelFranchiseGroup.com We are continuing on with the Franchise Disclosure Document (FDD), and for those who've been following along with us, we've covered Items 1 to 17 previously (check them out). Now we're going to be going through Item 18 of the FDD, which really has to do with disclosure of the involvement of any public figures…
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SprayNet - Own A Franchise That Is Transforming The Home Services Industry
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Discover the Future of Home Improvement! SprayNet - Own A Franchise That Is Transforming The Home Services Industry Are you ready to own a business that is revolutionizing the way homes are transformed? Watch the replay to learn about SprayNet - a unique franchise that's making waves in the home improvement industry. Get ready for inspiration, inno…
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How Do You Exit a Franchise - Franchise Disclosure Document Item 17
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https://www.NextLevelFranchiseGroup.com Today we're marching forward again into Item 17 of the Franchise Disclosure Document (FDD), which is an interesting item. Item 17 has to do with the end of your franchise agreement, meaning that when you acquire a franchise, one thing you highly want to consider when acquiring it is having some type of exit s…
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Franchise Fusion: How A Serial Entrepreneur Meshed Passion and Profit To Start A Franchise From Scratch
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https://www.NextLevelFranchiseGroup.com 👍 Maybe you have a great product or service and you’re wondering how to grow and scale the business. Could franchising be a good option? What’s involved? What are the advantages? What are the roadblocks? 💰 All of these questions and more are answered in this episode of What’s Your Next. You’ll hear from Denis…
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Franchise Disclosure Document Item 16 Secrets You Should Know
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https://www.NextLevelFranchiseGroup.com Today we're going to be diving into another section of the Franchise Disclosure Document (FDD). There are 23 sections and we highly encourage you to go back and learn about some of the previous Items that we have covered. Some of these Items are progressive, so you will have reviewed some precursor informatio…
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Stressed Out: What Every Business Owner Needs To Know
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There's a 5-letter word affecting aspiring and current business owners that is negatively impacting their health. This 5-letter word is STRESS 😞. But don't stress about it LOL. 🤣 This episode of What's Your Next features Dr. Raynette Ilg, a naturopath and owner of Olive Branch Wellness Center in South Elgin, IL who shares: What stress is How stress…
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How You Can Be Part Of The #1 Real Estate Investing "We Buy Ugly Houses" Business
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https://www.NextLevelFranchiseGroup.com Would you like to learn how you can become part of the ""We Buy Ugly Houses"" brand? 🏘️ How you can become part of the #1 buyer of houses in America 🛠️ How you can buy distressed properties from sellers who are in tough ""ugly"" situations and help others in financial need 🤝 The benefits of partnering with We…
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Zoom Room - A Franchise for Pet Lovers That is Pawsome!
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https://www.NextLevelFranchiseGroup.com Do you have a passion for 4-legged friends? 🐕 Would you like to own a business that boasts more 5-star ratings than any other dog training business in America? And even better boasts a six-figure profitability model? Join us for a fun and educational event where you'll learn: 🐶 Trends in the pet care industry…
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Franchise Disclosure Document Item 15 Full Review
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https://www.NextLevelFranchiseGroup.com Many people who acquire a franchise want to know if they can be kicked out of that franchise. If you are one of them you are going to want to read Item 15 of the Franchise Disclosure Document (FDD) closely. Item 15 has to do with your obligations in the participation of the franchise itself. In this particula…
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Franchise Disclosure Document Item 14 Secrets Revealed
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https://www.NextLevelFranchiseGroup.com We are now continuing with a previous topic that we had been covering before which is the Franchise Disclosure Document (FDD). In particular, we have kind of worked through what they call the Items of the FDD. We've walked through Item 1 to Item 13, and now we are discussing Item 14. If you haven't listed to …
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https://www.NextLevelFranchiseGroup.com So we are going on another rant. A lot of times when we talk to people about franchises they get very defensive about having to pay quote-unquote franchise fees or royalties. What we want to discuss today is why these fees are very important to what you are acquiring (when buying a franchise), and in most cas…
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Is Replacing Your Employment Income Possible in Year One of Owning A Franchise?
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https://www.NextLevelFranchiseGroup.com We’re on a little bit of a rant and here's what happened. We were talking to a franchisee candidate who was really interested in owning a business. They were currently in a job that they hated and a common mantra that we hear all the time. All the typical reasons. I hate my boss, I hate my company. I know I'm…
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The Franchise Disclosure Document (FDD) Item 13 Explained
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https://www.NextLevelFranchiseGroup.com There are 23 items in the Franchise Disclosure Document (FDD) and we're going to give a brief review of Item 13. If you haven’t been following along with our reviews of the previous FDD items you might want to check those out if you haven't because a lot of these are progressive, meaning they lead into some o…
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The Franchise Disclosure Document (FDD) Item 12 Explained
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https://www.NextLevelFranchiseGroup.com We are going to be looking at Item number 12 of the FDD, the Franchise Disclosure Document, what it’s about, and why it's important. If you have been following along we've done the previous ones Items 1 to 11. So please go back and check those out and learn what a lot of those have built up to some of these l…
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Why Franchises Are More Tempting Than A Cinnabon - Stacey Riska, CFC's interview on The Mosaic Life
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https://www.NextLevelFranchiseGroup.com HOSTS NAME: Laura Wagenknecht No one wakes up today and says "I want to buy a franchise." But many people are very curious about it. That's why Laura Wagenknecht, of Mosaic Business Consulting, interviewed Stacey Riska, CFC on her podcast "The Mosaic Life" to learn more about the franchise business model. A m…
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The Franchise Disclosure Document (FDD) Item 11 Explained
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https://www.NextLevelFranchiseGroup.com We are picking up where we left off before where we are reviewing the different items that are in the Franchise Disclosure Document (FDD). We've covered all the way up to Item 10 in our previous episode. So please go back and watch those if you get a chance. You'll learn a lot about Item 11 if you do that. We…
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The Franchise Disclosure Document (FDD) Item 10 Explained
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https://www.NextLevelFranchiseGroup.com We're continuing on in the Franchise Disclosure Document (FDD) and we're gonna be today looking at Item/Section 10, which directly relates to the financial arrangements of the franchisor and the franchisee. And this section is a little bit complicated in that when you go to acquire a franchise, you may get so…
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Health Insurance, Success, and Your Story - Advice for Aspiring Business Owners From The Inspirational Health Guy
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When you're exploring business ownership, you're probably not thinking about health insurance. But you should be. You should also have a mission of HOPE: Helping Other People Everyday. Watch this episode of "What's Your Next" featuring Mark Brodinsky, The Inspirational Health Guy, and learn about: How can you do all of that? What should you know ab…
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Pro Golfer Turns Business Owner: Accounting Lessons Every Small Business Owner Needs To Know
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“I hate doing bookkeeping.” “I don’t understand any of my numbers. “Taxes? Ugh I have no idea how to plan and leverage my business for tax advantages. Sounds familiar? Then you’re going to want to listen to this entire episode of “What’s Your Next?” feature Anne Gannon of The Largo Group. Anne’s story is so inspirational as she shares her journey o…
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The Franchise Disclosure Document (FDD) Item 9 Explained
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https://www.NextLevelFranchiseGroup.com We're going to be covering the basics of Item/Section 9 of the Franchise Disclosure Document (FDD). If you've been following along, we've been covering the previous items in the Franchise Disclosure Document and in Item/Section 9, it's an actually interesting item of the Franchise Disclosure Document in and o…
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The Franchise Disclosure Document (FDD) Item 8 Explained
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https://www.NextLevelFranchiseGroup.com Here were continuing with dissecting the items in the Franchise Disclosure Document (FDD) and we are reviewing the basics of Section/Item 8. We want to start with one clarification. One of our listeners actually made us aware of a correction that we probably should make, we've been referring in the FDD to the…
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