Franchise Secrets With Erik Van Horn

It's difficult to obtain unbiased franchise information. In this interview, find out the reality of franchise ownership, plus the dos and don'ts when choosing a business. There’s 4,000 franchises in dozens of industries. There’s a lot to know. Don’t get blindsided or pick a franchise for the wrong reasons.

00:00 Introduction

01:07 Franchising for 2024

03:54 Are you addicted to a paycheck

04:35 Stop trading your time for money

07:30 Can you have both time and money?

10:38 How to leverage a poor economy

12:27 What happens when a franchise doesn't work?

15:32 Face your fear and do it anyway

17:35 Don't let the gray matter between your ears stop you

19:04 Don't become infatuated with a concept

19:58 Do you have tenacity?

21:32 Success starts in your mind first

22:19 The best advice for a new buyer

25:03 How to protect against failure

28:07 Is it good to be first to market?

29:45 Any business can be a franchise??

31:28 The Federal Trade Commission

32:29 Franchises are not cutting edge

33:44 What makes a good franchise?

34:41 Front Street Equity Partners

38:17 Franchise Secrets