Today, Erik is joined by a friend and successful entrepreneur, Scott Abbott.
Scott has grown and exited many businesses in and out of franchising so he knows a thing or two about how to scale correctly.
The guys get into the nitty-gritty of what it looks like to take a business from zero to hero while setting yourself up for a great exit.
Topics discussed in this episode:
-How to know if you've been bought out by a good PE partner as a franchisee
-What is the right partner vs. the wrong partner when it comes to private equity?
-What's it like to have a franchisee-first mentality as a franchisor?
-The most valuable companies don't actually need you
-As a founder, don't let your identity get tied into the business
-and Much More!
Enjoy today's episode!
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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.