Today, Erik is joined by Emerging Franchisor and Mastermind member, Michael Reynolds, founder of @Mosquito Mike Franchising .
Mike talks about his decision to not bring on a franchisee who had cash in hand and was ready to pull the trigger on buying a Mosquito Mike Franchise.
His reasoning is genius and it's the mark of an emerging brand who has a solid growth strategy. You won't want to miss this!
Erik and Mike talk about a variety of topics including:
-Going From Franchisee to Franchisor
-Mike's Journey from near bankruptcy as a franchisee to founding Mosquito Mike
-Why it's important to bring on the right franchisee
-the importance of culture
and much more!
Enjoy today's episode of Franchise Secrets!
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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.