307
CATEGORIES: Business, Franchising
Would you quit a stable six-figure job to clean toilets? Today's guest did! And he now runs multiple businesses, including a booming Jersey Mike’s franchise!
In this episode, Erik Van Horn sits down with Evgeni Kopelevich, a former finance professional who transitioned into small business ownership, franchising, and passive investments. He shares his journey from corporate burnout to multi-unit business success, discussing the challenges of buying mom-and-pop businesses, securing SBA loans, and scaling Jersey Mike’s in his local market.
Evgeni breaks down how to evaluate and acquire a business for cash flow, the truth about passive franchise ownership, why Jersey Mike’s is thriving, how he got approved, and how to structure a business partnership for success.
Tune in to learn how to build wealth through business ownership!
“It's impossible to be successful in business and not have failures." ~ Evgeni Kopelevich
In This Episode:
- How Evgeni got involved with Jersey Mike’s
- Decision to stop trading time for money
- The truth about franchising
- Buying a mom-and-pop business
- Challenges of running a janitorial business
- Structuring a business partnership for success
- How Evgeni found Jersey Mike’s as the right franchise
- The franchise approval process and securing funding
- Lessons learned as a business owner
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/
Connect with Evgeni Kopelevich:
🌐 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.
Subscribe to Franchise Secrets on:
