#35-The Power of Owning Multiple Franchise Brands: Part 1

Demystifying Franchise Ownership

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Rethinking Alzheimer's Disease Podcast

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Ep 1: What Is Alzheimer’s Disease? 16:03

for 48 weeks siden16:03

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Learn about the differences between Alzheimer's and dementia, and how Alzheimer's disease progresses. We talk about why catching the disease early can make a big difference. Dr. Sharon Cohen and Dr. Yaakov Stern walk us through the stages of Alzheimer's disease, from when there are no symptoms to when memory issues start to show. They explain the stages of Alzheimer’s and how it develops over time. We also hear from Kelly, who explains her personal experiences and concerns about developing Alzheimer’s, and what she does about it. For links to resources and information covered in this series, visit our website at HealthUnmuted.com/resources What did you think of this episode? We’d love to hear from you. Please visit healthunmuted.com/feedback to let us know! Rethinking Alzheimer’s Disease was made possible with support from Eisai Inc. [00:00:00] Introduction [00:03:10] What's the difference between Alzheimer's disease and dementia? [00:07:04] When does Alzheimer’s begin to develop? [00:09:08] What is Mild Cognitive Impairment (MCI)? [00:10:36] What is subjective cognitive decline? [00:11:59] What is preclinical Alzheimer's disease? [00:13:13] Why is it important to detect Alzheimer’s disease early? Disclaimer: The content provided in this podcast is intended for informational purposes only. It is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or other qualified healthcare provider with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay in seeking it because of something you have heard on this podcast. Reliance on any information provided by this podcast or its guests is solely at your own risk. ©2024 Mission Based Media Ltd • April 2024 • AD-M2059…

for ca. et år siden 25:38

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I had the most inspiring chat with Nora Farhat, co-owner of not one, not two, but FIVE franchise brands! From climbing the corporate ladder to blazing their own trail in entrepreneurship, Nora and her husband's journey is a testament to the power of grit.
In part one of our conversation, Nora shares the inside scoop on how they navigated the path to owning multiple franchise brands and the secret sauce behind their success. Nora also describes how she analyzes each of their businesses, identifying opportunities for automation, determining the necessity for comprehensive training manuals, and implementing streamlined processes and procedures. Her corporate background in the automotive industry helped prepare her for franchise ownership.
Stay tuned for the full story on their entrepreneurial adventure and the insights they've gained along the way!
Nora Farhat and her husband own five franchise brands in the Detroit area. Their brands include:

British Swim School- Detroit
Mathnasium of Dearborn
Pool Scouts of Detroit
Grand Illuminations of Detroit
Real Property Management Synergy

Nora also hosts her own podcast titled "Upside Down Entrepreneurship." Go to https://www.upsidedownentrepreneurship.com to access her podcast. You can also find her on LinkedIn, Instagram and Facebook.

Instagram: @Nora.Farhat

Facebook: https://www.facebook.com/nora.farhatrassas?mibextid=LQQJ4d

Get in touch with Kristine at:

60 episoder

#Entrepreneur #Business #France #Kristine Givens #Franchise #Franchisees #Franchisors #Franchise Ownership #Franchise Owners

Demystifying Franchise Ownership

#35-The Power of Owning Multiple Franchise Brands: Part 1

Demystifying Franchise Ownership

published for ca. et år siden

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MP3•Episoder hjem

British Swim School- Detroit
Mathnasium of Dearborn
Pool Scouts of Detroit
Grand Illuminations of Detroit
Real Property Management Synergy

Instagram: @Nora.Farhat

Facebook: https://www.facebook.com/nora.farhatrassas?mibextid=LQQJ4d

Get in touch with Kristine at:

60 episoder

#Entrepreneur #Business #France #Kristine Givens #Franchise #Franchisees #Franchisors #Franchise Ownership #Franchise Owners

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Demystifying Franchise Ownership

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#60 - Pressing Pause: Refocusing for Impact 4:48

for 5 weeks siden4:48

4:48

I know it’s been a little while since I last published an episode so I wanted to take a moment to connect with you all. In this episode, I revisit why I started the podcast in the first place and why I’ve decided to hit pause for now. When I first launched the show, my goal was to provide valuable insights and guidance about the franchise industry. But as life evolves, so do priorities. One of the big reasons I’m putting the podcast on hold is that I’m focusing on finishing a book. The book is all about helping franchisors and franchisees lay the foundations for a successful franchise marriage—starting with determining if franchising is the right path, selecting compatible partners, and nurturing a thriving, long-term relationship. Check out this quick episode to hear more! Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#59 - How Glo Tanning is Redefining the Tanning Industry 37:23

for 11 weeks siden37:23

37:23

I had the pleasure of talking with Onyi Odunukwe, the CEO of Glo Tanning , on this episode. Onyi's journey into the world of tanning began with his entrepreneurial spirit, from a supplement store franchise to building a successful tanning brand that now spans across 16 states. Onyi shares how Glo Tanning stands out in a competitive market, offering not only UV and spray tanning but also innovative automated spa services that are transforming the customer experience. He also talks about how they’ve centralized operations in a way that allows franchisees to focus on growth—from real estate support to customer service. In addition to discussing Glo’s expansion to nearly 100 locations, Onyi outlines his innovative "Own Your Future" program, which empowers employees to become franchise owners. This program bridges the gap between those with operational experience but lacking capital and investors seeking hands-off opportunities. Make sure to download this episode to learn more about how Onyi and Glo Tanning are reshaping the tanning industry. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#58 - Two Franchises, One Entrepreneur: Ron Holt’s Strategy for Success in His Second Venture 42:58

for 12 weeks siden42:58

42:58

Join me this week as I chat with Ron Holt, the two-time franchisor who is bringing a fresh, fun approach to moving through his brand, Pink Zebra Moving , after his success with Two Maids and A Mop. Ron shares how he’s disrupting the moving industry by creating not just a service, but a culture—"Happy Moving”! He explains how his mother-in-law's terrible moving experience became the inspiration for this new approach, and how he’s turning what is traditionally one of the most stressful events into something fun and memorable for customers. Ron dives deep into his journey of franchising, including lessons learned from his time with Two Maids and A Mop to the growth strategy behind Pink Zebra Moving. Ron talks about the importance of selecting sufficiently capitalized franchisees who will follow the model and believe in the mission as well as maintaining transparency within the franchisee community. Through Pink Zebra Moving, Ron is setting new standards in the home services industry and helping franchisees grow alongside him. If you're considering franchising or want to hear more about Ron's unique approach to growing a brand, this episode is for you. Tune in to hear how Ron is making moving fun, one happy customer at a time! Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#57 -Is a Fractional CFO the Solution You’ve Been Looking For? 36:59

for 14 weeks siden36:59

36:59

In this episode of “Demystifying Franchise Ownership”, I talk to Lowell Mora, a fractional CFO with over 30 years of experience. As the founder of Impact CFO, Lowell offers strategic financial support to businesses that aren’t ready to hire a full-time CFO or don’t have a need for a full-time CFO. We explore how fractional CFO services can benefit businesses, including franchisors and franchisees, providing high-level financial expertise without the cost of a full-time executive. Lowell explains how a fractional CFO can help businesses with strategic analysis, cost optimization, and growth. We also discuss how this role is crucial for family-owned businesses preparing for transitions or exits. Lowell’s approach helps businesses improve financial clarity, reduce costs, and make smarter, forward-thinking decisions. If you're wondering how a fractional CFO can elevate your business, this episode is a must-listen. Tune in to learn how the right financial expertise can drive growth, manage risks, and prepare for the future. Make sure to access Lowell's free 13-week cash flow analysis and other helpful resources on his website (impactcfo.net). You can also find Lowell on LinkedIn . Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#56 - Is Your Franchisee Training Up to Par? Reasons It Might Be Time for an Overhaul 7:02

for 24 weeks siden7:02

7:02

This episode covers franchisor training programs, an important topic, because franchisee training can make or break a franchise. I recently saw this firsthand at a Pilates studio with outstanding instructor training. It was evident from the start that the instructors benefited from a well-executed training program—they were clear, concise, and consistent. Are you a franchisor noticing gaps within your franchise network? It might be time to overhaul your training program. Effective training ensures that methods are communicated clearly and consistently across all locations, fostering a uniform customer experience and supporting franchisees. Remember, frustrated franchisees aren’t beneficial for the system. Tune in to this episode to learn how to identify when your training program needs an update and why it’s crucial for your franchise’s success. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#55 - Are Your Franchises Happy? Insights on Franchisee Communications 14:02

for 26 weeks siden14:02

14:02

In this episode, I’m exploring the importance of listening to franchisees. I’m including an excerpt from my interview with Jeff Johnson, Founder and CEO of The Franchise Research Institute. Jeff explains how their comprehensive surveys and data analysis help franchisors gain valuable insights into franchisee satisfaction, and why listening to your franchisees is critical to long-term success. Listening to your franchisees goes beyond simply hearing their words—it's about grasping the deeper meaning behind their feedback. By recognizing common patterns, franchisors can pinpoint what’s most important to their network. This valuable input becomes the cornerstone for aligning strategies with your goals, ensuring that initiatives are prioritized based on their potential impact and alignment with your overall vision. If you want to know how to take your franchise to the next level through smart, proactive communication, you won’t want to miss this episode! Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#54 - Where You Start When You Want to Franchise Your Business 11:26

for 28 weeks siden11:26

11:26

In this episode, I revisit my interview with Aaron Cash, founder and President of Garage Living Franchise Systems, as he shares invaluable insights on their journey into franchising. Aaron discusses Garage Living's decision to franchise their business and the crucial steps they took to ensure success. From navigating legal compliance to securing franchisees and developing robust support systems, every aspect was meticulously planned. If you’re considering franchising your business, this episode offers advice on laying a solid foundation from someone who has already done it. Listen now to gain expert tips and hear Aaron's firsthand experiences in expanding through franchising. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#53-Healthcare Challenges for Franchisors: Telehealth May Provide a Solution 17:27

for 31 weeks siden17:27

17:27

Part two of my interview with Larry Stout is now live! In this episode, we continue our conversation, exploring the origins of his current venture, Optimal teleHealth, LLC. Larry shares the story behind his company, which offers an alternative to traditional health insurance. As a franchisee, Larry, like me, struggled with the high costs of offering competitive employee benefits like health insurance. This challenge ultimately led him to create Optimal teleHealth, which offers virtual healthcare service bundles for a monthly membership fee and financial protection for major medical events. Tune in now to learn more about the health insurance industry and how Optimal's business model works. Larry, an entrepreneur with a highly successful 25 year corporate sales and marketing background in big ticket data processing products and services, transitioned to small business development in 2004 with a multi-unit investment in Massage Envy franchising, opening clinic #39 in the nation and eventually building five clinics over a seven year period. Massage Envy grew to be one of the most successful franchise brands in America over the last two decades. You'll find Larry on LinkedIn . Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

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#52-From Corporate Executive to Entrepreneur: The Triumphs and Tribulations 29:34

for 32 weeks siden29:34

29:34

Tune into my latest episode! I had an illuminating conversation with Larry Stout, founder and CEO of Optimal teleHealth, LLC. Larry, a former Massage Envy franchisee, achieved significant financial success and earned numerous accolades. However, he also opens up about a franchise venture that didn't go as planned, sharing valuable insights into the realities of franchise ownership. We cover a lot in this episode! Larry offers his expertise on recruiting and retaining employees, outlines the essential skills every franchisee should have, and highlights the red flags to watch for when evaluating potential franchisors. Whether you're exploring franchise opportunities or aiming to enhance your current operations, this episode provides valuable advice and firsthand experiences. Join us now to hear Larry's expert guidance on thriving in the franchise industry. Larry, an entrepreneur with a highly successful 25 year corporate sales and marketing background in big ticket data processing products and services, transitioned to small business development in 2004 with a multi-unit investment in Massage Envy franchising, opening clinic #39 in the nation and eventually building five clinics over a seven year period. Massage Envy grew to be one of the most successful franchise brands in America over the last two decades. You'll find Larry on LinkedIn . Larry's passion is to develop companies with the ability to serve others, so he founded Optimal teleHealth, LLC. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#51-Streamlining Success: How to Optimize Communication, File Storage, and Project Management 37:29

for 33 weeks siden37:29

37:29

Your email inbox shouldn't be a storage unit! Think of it like your mailbox at the end of your driveway: you don’t leave everything there! This week, I interview Shawn Lemon, founder of The Digital Organizer. Don’t miss this episode because it’s packed with invaluable tips and insights from Shawn, who coaches his clients, including franchisors, to overcome chaos in the digital environment to enhance communication, project management, and file storage. The bottom line is streamlined digital organization translates into more efficient business operations. Shawn is the founder of The Digital Organizer and has spent the last 17 years helping individuals and businesses get better at using their technology. A teacher at heart, Shawn believes the biggest reason people struggle with their tech is because of a lack of understanding of the tools, which isn't surprising because they're constantly changing as technology advances. When not helping businesses operate more efficiently, Shawn loves making pottery, riding motorcycles, and spending time with his wife, Madeline and their 2 year old son, Nico. You will find Shawn on LinkedIn and find out more about The Digital Organizer on their website . You can access Shawn's free File Organization Guide here . Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#50-Exploring Custom Yards with Chris Long, CEO of Longyards Storage 38:11

for 35 weeks siden38:11

38:11

This episode is an interesting sit-down with Chris Long, the visionary founder and CEO behind Longyards Storage. We explored Chris' journey – from his background in the construction industry to the driving force that led him to establish Longyards. His personal experience unveiled a gap in the market, igniting his passion to fill that gap. We talked about the core of Longyards' business model – simple in concept yet not easy to execute. Chris shared his experience with the process of franchising his innovative idea, shedding light on the hurdles he's conquered along the way. Chris’ story is a testament to resilience and vision. It's not just about overcoming obstacles; it's about thriving amidst challenges, turning them into steppingstones for growth. Stay tuned as we uncover more from this entrepreneur's journey! Chris' LinkedIn Longyard's Website Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#49-Franchise Trends Unveiled: Navigating Impact on Franchisors and Franchisees 35:39

for 37 weeks siden35:39

35:39

Join me for an enlightening conversation with Christina Fugate, partner at Ice Miller, as we delve into the latest trends in franchising. Christina shares her expert insights on why we're seeing these trends and what they mean for the future of the industry. From the booming sectors of personal services and QSRs to the evolving consumer demands and economic factors driving these changes, this episode is packed with valuable information for anyone interested in the franchising world. In this episode, we also tackle the proposed joint employer rule and its status. Christina breaks down what this rule entails, its potential impact on franchisors and franchisees, and what we can expect moving forward. We also discuss trends in Franchise Disclosure Documents (FDDs) and franchise agreements, highlighting how some of these trends are directly related to the proposed joint employer rule. Don't miss out on this insightful discussion! Tune in to gain a deeper understanding of the franchising landscape and get ahead of the curve. You can find Christina on LinkedIn and on Ice Miller's website . Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#48-Franchise Insights with Jeff Johnson: Four Decades of Experience Part 2 34:40

for 38 weeks siden34:40

34:40

Part 2 of my interview with Jeff Johnson is here, and it's packed with invaluable insights into the franchise industry! Once again, we get real about franchise ownership, discussing the players you can rely on and those you should approach with caution. Jeff shares his expertise on navigating this landscape, empowering franchisees to make informed decisions with confidence. One of the key highlights of our conversation is the delicate balance franchise developers must strike between transparency and the desire to sell franchise units. Additionally, we explore the concept of royalty sufficiency and the crucial role franchisors play in treating franchisees as important stakeholders. Jeff's insights underscore the significance of fostering a mutually beneficial relationship between franchisors and franchisees, ultimately contributing to the long-term success and sustainability of franchises. There's a wealth of information in this episode—make sure you catch it! Tune in now and get the real story on the franchise landscape! Jeff Johnson has been immersed in franchising for over 40 years. His entrepreneurship began after leaving a Fortune 500 company to invest in a franchise at the age of 29. Jeff was Schlotzsky’s New Franchisee of the Year in 1985; then as a multi-unit owner, he made the National Top 20 ranking regularly. With 17 years of franchisee and Area Developer experience, Jeff learned that franchisees often do not share important insights with franchisor executives for fear of retribution. Without open & honest communication, franchise executives are left having to rely on gut instinct with many questions and no actual data, which can prevent a franchise network from attaining its true potential. In 2002, Jeff founded the Franchise Research Institute (FRI) to confidentially survey franchisees for network optimization. FRI’s mission is to provide their franchise clients with high-quality, franchisee opinion research using scientific, yet easily understood data to be used in system- wide benchmarking, strategic planning, and validation. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#47-Franchise Insights with Jeff Johnson: Four Decades of Experience Part 1 29:45

for 39 weeks siden29:45

29:45

This episode features my interview with Jeff Johnson, Founder & CEO of The Franchise Research Institute. With years of hands-on experience in the franchise industry, including his time as a Schlotzkey’s franchisee, Jeff offers invaluable insights into the franchise world. We delve into his journey, uncovering the expertise he’s amassed over four decades in the franchise industry and the lessons he’s learned along the way. We had so much content that I split my interview into two parts. In part 1, Jeff discusses why he founded The Franchise Research Institute, the importance of having a strong leadership team within the franchisor, the critical need for open communication with franchisees, and much more. Jeff Johnson has been immersed in franchising for over 40 years. His entrepreneurship began after leaving a Fortune 500 company to invest in a franchise at the age of 29. Jeff was Schlotzsky’s New Franchisee of the Year in 1985; then as a multi-unit owner, he made the National Top 20 ranking regularly. With 17 years of franchisee and Area Developer experience, Jeff learned that franchisees often do not share important insights with franchisor executives for fear of retribution. Without open & honest communication, franchise executives are left having to rely on gut instinct with many questions and no actual data, which can prevent a franchise network from attaining its true potential. In 2002, Jeff founded the Franchise Research Institute (FRI) to confidentially survey franchisees for network optimization. FRI’s mission is to provide their franchise clients with high-quality, franchisee opinion research using scientific, yet easily understood data to be used in system- wide benchmarking, strategic planning, and validation. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

Demystifying Franchise Ownership

1
#46-Insights from a Founder: Why Owning a Portable Bathroom Franchise Isn't "Dirty Work" 38:47

for 41 weeks siden38:47

38:47

This podcast episode features an informative conversation with David Sauers, one of the founders of Royal Restrooms. In 2004, David and his partner identified a gap in the marketplace for executive-style mobile restrooms suitable for all kinds of venues and turned their vision into a thriving business. In this episode, we talk about David's unexpected journey into the world of franchising. Believe it or not, becoming a franchisor wasn't an aspiration. We also unpack: 🔹 The essential characteristics and skills needed for franchisee success 🔹 The organizational structure that keeps Royal Restrooms running smoothly 🔹 Their biggest achievements and the challenges they've overcome along the way David is the co-founder of Royal Restrooms Nationwide and Director of Nationwide Franchise Sales. Always drawing in a little black notebook, he was constantly trying to come up with his next great idea before his entrepreneurial spirit led him to co-found Royal Restrooms in 2004. David also is proud to put his extensive knowledge of restroom design and function into ensuring Royal Restrooms continues to be innovative for its guests and customers. Get in touch with Kristine at: LinkedIn http s://kristinegivens.com…

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Ep 1: What Is Alzheimer’s Disease? 16:03

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#35-The Power of Owning Multiple Franchise Brands: Part 1

#35-The Power of Owning Multiple Franchise Brands: Part 1

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1
#60 - Pressing Pause: Refocusing for Impact 4:48

1
#59 - How Glo Tanning is Redefining the Tanning Industry 37:23

1
#58 - Two Franchises, One Entrepreneur: Ron Holt’s Strategy for Success in His Second Venture 42:58

1
#57 -Is a Fractional CFO the Solution You’ve Been Looking For? 36:59

1
#56 - Is Your Franchisee Training Up to Par? Reasons It Might Be Time for an Overhaul 7:02

1
#55 - Are Your Franchises Happy? Insights on Franchisee Communications 14:02

1
#54 - Where You Start When You Want to Franchise Your Business 11:26

1
#53-Healthcare Challenges for Franchisors: Telehealth May Provide a Solution 17:27

1
#52-From Corporate Executive to Entrepreneur: The Triumphs and Tribulations 29:34

1
#51-Streamlining Success: How to Optimize Communication, File Storage, and Project Management 37:29

1
#50-Exploring Custom Yards with Chris Long, CEO of Longyards Storage 38:11

1
#49-Franchise Trends Unveiled: Navigating Impact on Franchisors and Franchisees 35:39

1
#48-Franchise Insights with Jeff Johnson: Four Decades of Experience Part 2 34:40

1
#47-Franchise Insights with Jeff Johnson: Four Decades of Experience Part 1 29:45

1
#46-Insights from a Founder: Why Owning a Portable Bathroom Franchise Isn't "Dirty Work" 38:47

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Demystifying Franchise Ownership « » #35-The Power of Owning Multiple Franchise Brands: Part 1

#35-The Power of Owning Multiple Franchise Brands: Part 1

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Demystifying Franchise Ownership « »
#35-The Power of Owning Multiple Franchise Brands: Part 1