Episode Details

In this episode of the Disruptive Franchise podcast, Stacey discusses the potential dangers of franchising too early. She outlines a seven-step framework for assessing business viability and emphasises the importance of having a proven model before franchising. 

Stacey highlights the risks associated with premature franchising, including: the impact on confidence; the necessity for clarity and systems; and the mental and financial challenges that can arise. She encourages aspiring franchisors to build a support network and to approach franchising with a clear understanding of the responsibilities involved.

Key Takeaways:

• Franchising requires a proven model and systems.
• Viability checks are essential before franchising.
• Franchising too soon can damage a franchisor's confidence.
• Clarity is crucial for franchisees' success.
• Mindset challenges can impact franchisor performance.
• Financial implications must be considered when franchising.
• Support networks are vital for new franchisors.
• Franchising can affect mental health significantly.
• Contingency plans are necessary for unforeseen challenges.
• Engaging with experienced franchisors can provide valuable insights.

How to Contact Stacey:

• Website: https://www.staceycann.com
• Instagram:  https://www.instagram.com/staceycannfranchisestrategist/
• Facebook: https://www.facebook.com/staceycannfranchisestrategist/
• YouTube: https://www.linkedin.com/in/staceycann/
• TikTok: https://www.tiktok.com/@thefranchisestrategist

Keywords: franchising, business viability, franchisor mindset, franchisee support, financial planning, franchise dangers, franchise growth, franchising framework, franchise systems, franchising challenges

-------

A Thank You To Our Sponsors:

Our headline sponsor, Bookwhen makes event booking beautifully simple.

Bookwhen is a powerful, intuitive booking system that helps businesses grow by taking the hassle out of scheduling. From classes and appointments to workshops and franchise-run events, we support thousands of organisers across the UK and beyond saving time, reducing admin, and delivering a seamless experience for their customers.
Whether you're running your first event or scaling a nationwide franchise, Bookwhen gives you everything you need to manage bookings in one place.

Our exclusive podcast sponsor, Make Your Mark Podcast Agency are passionate about helping franchise brands and awards bodies alike amplify their visibility, build deeper connections, and stay ahead of the curve—and podcasting is a game-changing tool to do just that.

This partnership is about backing a movement we both believe in—and sparking a conversation that franchisors and event organisers can’t afford to ignore.

Support The Podcast

Don't forget that the best way you can support us is to subscribe to the podcast - not only will you get notified of future episodes as they are released, you will also be helping us get more amazing guests to come and share their secrets in franchising!