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CATEGORIES: Business, Franchising
What’s the secret to scaling a franchise brand with venture capital? In today’s episode, Yoni Rechtman shares his insights into what makes franchising a powerful tool for growth and why it’s not just about finding the right product, but about creating systems that work.
Yoni, a principal at Slow Ventures, joins Erik Van Horn to discuss the intersection of franchising and venture capital, explaining why the model is often misunderstood in the investment world. They dive into finding the right founder, the importance of scalable systems, and why franchisors must think beyond just opening more units.
If you’re a founder or investor, this episode will give you the roadmap to build for growth and success. Tune in for an insider’s perspective on how to make franchising work for you!
“I don't think you can build healthy businesses by just hacking it, cheating, and cutting corners. You can maybe do something quickly, but you can't build something durable. And what matters is building something durable that will outlive you and be a long-standing, important company." ~ Yoni Rechtman
In This Episode:
- Meet Yoni Rechtman, Principal at Slow Ventures
- Why other VCs are not as interested in franchising as Yoni
- Yoni's advice to the founder who wants to raise capital
- Liquidity timelines and the philosophy behind Slow Ventures
- The importance of a founder’s vision and ambition
- How to determine brand valuation
- What Yoni is looking for in a founder and a brand
- Angel investor vs. venture capitalist
- How VCs help franchise owners grow
- Where founders should be focusing
- The value of building scalable systems for long-term success
Resources:
🌐 Consult with Erik - https://form.jotform.com/222685728939070
🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/
🌐 Franchise Springboard - https://franchisespringboard.com/
Connect with Yoni Rechtman:
🌐 Website
Connect with Erik Van Horn:
🌐 Website
Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.
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