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Is a franchise your key to financial success?
Manage episode 389860589 series 3206154
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• The “franchise maven” has some advice
• “You want them to take you through the process”
(Total Recorded Time is 23:33)
(LICKING, MISSOURI) -- Thinking about getting into business through a franchise? There are literally thousands to choose from, ranging from giants like a McDonalds tothose folks who scoop up dog doo-doo. Yes, that’s a franchise.
The guy who know it is Gregory Mohr, a serial entrepreneur and for the past ten years an advisor to people thinking about buying a franchse.
In this edition of Bizgnus Interviews, Greg Mohr talks about the plusses and the minuses of becoming a franchisee.
Please click here to watch the interview:
But before writing that check to get a franchise, wait, Mr. Mogr says. You need to make sure the business is a good fit for you and your experience.
“You want them to take you through the process,” Mr. Mohr says, “so they’re making certain you’ve got what it takes to be successful.”
In his career, he has managed restaurants, been a micro-electric circuit engineer, owned and operated dry cleaners, storage units, rental properties, and franchises.
Mr. Mohr is the author of “Real Freedom, Why Franchises Are Worth Considering and How They Can Be Used For Building Wealth.”
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