Episode Details

67% of Americans say they want to own a business. Only 6% ever do it, and the gap is almost never a lack of money. Alex Smereczniak has data on thousands of franchises, and he breaks down the path that lets you start a business on step three instead of step one. 

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What You'll Learn in This Episode

• What you are actually buying with a franchise fee, and what the royalty keeps paying for
• How much cash you really need to start, from $5K side hustles to $5M builds
• Why lenders and the SBA prefer franchises, plus the retirement rollover most people have never heard of
• Which categories are quietly booming right now, and which trendy ones Alex is skeptical of
• The real-estate move that let one owner sell 30 Burger Kings and still collect checks
• How to structure a deal with an operating partner, and the equity threshold to stay under
• The path from one location to a portfolio doing hundreds of millions in revenue

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