Ep 170 - Vertical Integration for Freedom Building with Franchise Opportunities with Bob Bernotas

15 Dec 2023 • 43 min • EN
43 min
00:00
43:44
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Bob Bernotas is a seasoned entrepreneur and franchise expert dedicated to unlocking financial, time, and locational freedom. With over 30 years in franchising, including owning multiple concepts, Bob passionately helps investors evaluate opportunities to transition from corporate life into semi-absentee franchise ownership. Bob explains there are active, semi-passive, and passive franchise models to match investors" lifestyle goals. He advises pursuing emerging brands backed by experienced franchisors, focusing on resilient categories like home services. Bob stresses finding an expert consultant familiar with the franchising landscape to avoid costly mistakes. When assessing risk, he analyzes potential pandemic impacts, Amazon-resistance, and recession resilience. Strong unit economics and a clear exit strategy are also key, with realistic returns being 2-3X the initial investment over 3-5 years. As an example, Bob highlights a client couple who left corporate jobs after launching a fast-growing home services franchise. Following his advice, they rapidly expanded territories and added a complementary brand, propelling revenue over $3M in under two years. Bob emphasizes that while not as glamorous as trendy opportunities, selecting the right evergreen concept with an experienced leadership team can lead to outsized returns. His goal is empowering burnt-out corporate workers to secure the time, location, and financial freedom franchise ownership can provide. Connect with Bob thru the social links below and learn more about his business: LinkedIn: https://www.linkedin.com/in/robert-bernotas-a62290102/ Website:https://franchisewithbob.com/ Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgift If you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free! on our website for blogs & other podcast interviews! elevateequity.org our YouTube channel! youtube.com/channel/derekclifford our book/audiobook! amazon.com/dp/ebook If you"d like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook

From "3 Degrees of Freedom"

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