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Top 11 Mistakes When Buying A Franchise

Top 11 Mistakes When Buying A Franchise

Episode 4 Published 2 years, 11 months ago
Description

Episode 4: On this episode of Pursuit of Profit, Cliff and Justin discuss the 11 most common mistakes when buying a franchise. If you're thinking about purchasing a franchise for the first time, or you're a seasoned franchisee, listen to these tips to find out what you need to do to ensure a successful and profitable business.

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Time Stamps:

00:00 - Intro

02:14 - #1 - Dogmatic know it all

07:03 - #2 - Confirmation bias

10:20 - #3 - Client decorum

13:32 - #4 - Misaligned skills

17:54 - #5 - Outsized

26:43 - #6 - Time allotment

32:05 - #7 - Half-pregnant

36:05 - #8 - Capital constraints

39:15 - #9 - E-Myth

42:44 - #10 - Enabler

47:24 - #11 - Impetuous

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Links:

🌐 Website - E-Myth Revisited

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🌐 Website - https://franocity.com/

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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.

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