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What's a Franchise and How Do You Buy One? A Conversation with "Franchise King" Lance Graulich

Episode 196 Published 1 year, 11 months ago
Description

Have you ever sat inside a Starbucks, Chick-fil-A, or McDonalds wondering how you could own one? This week we sat down with Lance Graulich, known in the industry as the "King of Franchising" to unpack the fascinating world of business franchises. Throughout the episode Lance took us through the process of what it takes to own a franchise and opened our eyes to many new categories we didn't even know existed in the franchise world.

As the CEO of ION Franchising, an industry-leading franchise consulting and development group, he and his team represent over 800 franchise brands. Lance has helped over 1,000 people go from “Wanna be” entrepreneurs to franchise owners and has a passion for making people's dreams of owning a franchise possible. One of his proudest accomplishments is assisting the TGI Fridays franchise grow to $225,000,000+ in revenue.

Lastly, Lance is also the host of the Eye on Franchising Podcast, which has 300+ 5-star reviews and ranks in the top1.5% of all podcasts globally. This is an excellence resource if you are looking to learn more.

If you are interested in purchasing a franchise and would like a personal introduction to Lance, drop us a DM on Instagram and we'll make sure you get connected!

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Previous Guests on The Weekly Juice Podcast include: 

Brandon TurnerTarek El-Moussa, David GreeneTony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” CarsonHeather Blankenship, Tim BratzJ. Scott

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