On this episode, Melinda Emerson is joined by Dr. Robert A. Needham to discover overcoming financial slavery and concern in entrepreneurship. They focus on the benefits and drawbacks of franchising and spotlight the significance of sustaining a excessive gross margin in enterprise. Dr. Needham shares his greatest enterprise recommendation, offering listeners with invaluable insights for navigating the entrepreneurial panorama.
Dr. Robert A. Needham, JD, is a seasoned govt with greater than over 35 years as a enterprise and franchise govt and President, Collaborative Franchise Techniques, LLC He’s typically called-on as an skilled in enterprise, franchising, forensic evaluation, and expertise. He has been a franchisor in franchise consulting, vitamin and health, cell meals truck, and gourmand pet food. He has suggested in additional than 90 completely different franchise segments and lots of of manufacturers throughout the business. Presently, he focuses on service primarily based franchises with excessive return of funding potential. For extra data: https://collaborativefranchisesystems.com
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This week on SmallBizChat Podcast:
- Financial slavery is when people work for another person who determines their worth, limiting their monetary freedom and private development.
- Franchising affords a center floor between being an worker and an entrepreneur, offering a confirmed enterprise system, model recognition, and coaching whereas mitigating some dangers related to beginning a brand new enterprise.
- Excessive-gross-margin service-based franchises will be extra worthwhile than product-based franchises, with examples together with senior care companies, pickleball court docket resurfacing, and training applications.
Assets Talked about:
On-line Programs: https://SmallBizLadyAcademy.com
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