Description
John Franklin (https://twitter.com/johnisbuilding?la...) is joined by special guests, Mark Fisher (@markfisherhumanbeing) and Stu Brauer (https://www.instagram.com/wtfgymtalk/?hl=en), to talk about the risks associated with franchising. They highlight why understanding these risks is important and how making the wrong choices can lead to heavy financial losses.
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Show Notes:
(00:00) Intro
(0:45) What's going on with Xponential Fitness?
(7:34) Becoming a franchisee
(10:49) What is the Federal Disclosure Document?
(12:23) Benefits of franchising
(20:51) Financial perks of franchising
(24:54) Risks of franchising
(35:02) Key factors for success in franchising
(38:59) How to choose a good concept
(52:15) Other franchising red flags
(57:12) Can you turnaround an underperforming franchise?
(1:00:22) Where to go if you want to find Mark and Stu
๐ John Franklin (https://www.instagram.com/johnisbuilding/) and Mateo Lopez sit down with Michael Scullin (https://www.instagram.com/michael_scullin/) from Palmetto Pump House to discuss his unique powerlifting gym thatโs serving over 550 members in Charleston, SC.
P.S. If you like the show,...
Published 11/15/24
๐ John Franklin (https://www.instagram.com/johnisbuilding/) met up with Eric Chang (https://www.instagram.com/coachericfreedom/) from Reason Fitness to discuss how he built his gym into a $1M-a-year business with just 150 members.
P.S. If you like the show, then you'll love the Gym World...
Published 11/08/24