How to Pick The Ideal Franchise | Scott Majeski | #35
Franchising Business
How to Pick The Ideal Franchise
If you have ever wanted to own a business, you've probably looked at buying a franchise. There are a number of different things you should look at before 1). Deciding to go into business for yourself 2). Deciding to buy a franchise instead of starting from scratch and 3). Deciding what franchise to buy. Dave Lorenzo covers all of those things during his conversation with Scott Majeski, a Franchise Consultant.
Chapters
00:00 Introduction to Picking the Ideal Franchise
01:00 How Scott Majeski Became a Franchise Consultant
03:00 How Does Scott Help People Pick The Right Franchise?
05:00 What Role Does Investment Capability Play in Franchise Selection?
08:30 What People Dream vs. The Reality of Starting a Franchise
14:30 Do People Start with Multi Unite Franchises?
17:00 How Has the Franchising Industry Changed in 2020, 2021 and 2022?
23:00 What Franchise Concepts are Hot Today
27:00 Here are the Benefits of Buying a Franchise
29:30 The Process of Selecting a Franchise
35:00 Who Give Scott His Best Referrals?
37:20 Who Is a BAD Fit for Franchising?
Scott Majeski
Franchise Consultant
(312) 806-9963
smajeski@frannet.com
About Scott Majeski
Scott’s personal experience as a successful franchise owner gives him the perspective to help clients assess their real opportunities, risks and timing to make sound decisions. Having gone through the process of selecting and opening a PuroClean Restoration franchise 12 years ago, he understands the stress of making a career change, evaluating the multitude of franchise opportunities, going through the discovery process, understanding the financial commitment to open a business, and finally, making the exhilarating decision to open a business.
Prior to joining FranNet, Scott bought his PuroClean franchise and built a thriving business helping homeowners recover from water, fire, and mold damage. Before becoming an entrepreneur, Scott was an institutional investment consultant building investment portfolios for Wall Street firms to use with their clients, helping them save for their retirement.
Scott is the principal of FranNet of Chicago and NW Indiana. He is a recognized speaker, conducting over 60 seminars and webinars per year on business ownership. Many of these seminars and webinars have been conducted in cooperation with the Small Business Administration and SCORE.
If you have ever wanted to own a business, you've probably looked at buying a franchise. There are a number of different things you should look at before 1). Deciding to go into business for yourself 2). Deciding to buy a franchise instead of starting from scratch and 3). Deciding what franchise to buy. Dave Lorenzo covers all of those things during his conversation with Scott Majeski, a Franchise Consultant.
Chapters
00:00 Introduction to Picking the Ideal Franchise
01:00 How Scott Majeski Became a Franchise Consultant
03:00 How Does Scott Help People Pick The Right Franchise?
05:00 What Role Does Investment Capability Play in Franchise Selection?
08:30 What People Dream vs. The Reality of Starting a Franchise
14:30 Do People Start with Multi Unite Franchises?
17:00 How Has the Franchising Industry Changed in 2020, 2021 and 2022?
23:00 What Franchise Concepts are Hot Today
27:00 Here are the Benefits of Buying a Franchise
29:30 The Process of Selecting a Franchise
35:00 Who Give Scott His Best Referrals?
37:20 Who Is a BAD Fit for Franchising?
Scott Majeski
Franchise Consultant
(312) 806-9963
smajeski@frannet.com
About Scott Majeski
Scott’s personal experience as a successful franchise owner gives him the perspective to help clients assess their real opportunities, risks and timing to make sound decisions. Having gone through the process of selecting and opening a PuroClean Restoration franchise 12 years ago, he understands the stress of making a career change, evaluating the multitude of franchise opportunities, going through the discovery process, understanding the financial commitment to open a business, and finally, making the exhilarating decision to open a business.
Prior to joining FranNet, Scott bought his PuroClean franchise and built a thriving business helping homeowners recover from water, fire, and mold damage. Before becoming an entrepreneur, Scott was an institutional investment consultant building investment portfolios for Wall Street firms to use with their clients, helping them save for their retirement.
Scott is the principal of FranNet of Chicago and NW Indiana. He is a recognized speaker, conducting over 60 seminars and webinars per year on business ownership. Many of these seminars and webinars have been conducted in cooperation with the Small Business Administration and SCORE.