On today’s Franvesting podcast, David Stein interviews Mike Pollack, a Franchise Insider with extensive background as both a franchisee and as growth director for a national Franchisor.
Mike shares insider knowledge of what is involved in the path from initial franchise inquiry to becoming a signed franchise, including general timelines, and most importantly, what makes a good franchisee. Mike explores the due diligance that the prospect can be doing during this time.
Mike spends some time explaining the traps of turning a passion or hobby into a vocation, and to get very real with yourself on why you are starting a business. This introspection will help your success, and the success of the franchisor as well.
HELPFUL RESOURCES
Send your questions for the FranBox Mailbox.
David Stein – Franchise Investing Insider
Laurean Callander – FranVesting Producer