Creating An Asset Through Franchising – Episode 1 – Part 1
Are you wanting to franchise your company? Are you wanting to grow your company to the next level? Are you wanting to have a good relationship with a potential new partner? Are you wondering what boundaries you and your partner should have? Do you need specific steps to help you with the franchise and franchisor relationship? If you are looking to expand the growth of your company by franchising and wondering what the steps are to have a great relationship with your franchisees then you should watch this video! Learn the how to create an asset through franchising with this three-part series.
Join Clay Clark, the former U.S. Small Business Administrator Entrepreneur of the year, and Terry Powell (not related to Colin Powell) who has helped 10,000 entrepreneurs invest in franchises throughout his 30-year career deep dive into the different contractual relationships of a franchisor and franchisees. He will deep dive into what matters and what you need to spend your time focusing on the most. He starts the video off by explaining that an asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that will provide future benefit. To find out more about this relationship, press play and enjoy and the fun!
Clay Clark explains that it is very likely to become have a million dollar asset if they buy a franchise and follow the system and can improve the system. Clay and Terry discuss the predictable volume of the history of success, clientele, and other things such as equipment ownership, all contribute to the value of a franchise. In this series, you will learn what most business college student don’t know but should know. If you want to learn a massive amount of information and laugh a lot, then keep watching this series of the different contractual relationships with franchisees and franchisors.