People often get into franchising with hopes of having a semi-absentee business that can support their lifestyle without taking away time. But sometimes this dream ends up being nothing more than an empty promise, and the franchisee becomes a slave to working in his or her own company rather than working on its success!
Garrett Schmidt knows how important it is for entrepreneurs who want freedom from day-to-day responsibilities to open themselves up fully by becoming passive investors at some point down the road.
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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.