Franchising Explained: 20 Key Terms | Ep 227

07 Oct 2024 • 13 min • EN
13 min
00:00
13:37
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I break down the 20 essential franchise terms you need to know before making your first investment. Understanding these terms could be the difference between success and failure in your franchise journey.  Here"s what you"ll learn:The crucial difference between a franchisor and franchiseeWhat the Franchise Disclosure Document (FDD) is and why it"s importantHow to interpret franchise fees, royalties, and start-up costsThe significance of exclusive territories and agreement termsKey concepts like AUV, item 19, and local advertising Send me a text 3 ways I can help you make money through franchising: - Learn the basics from my weekly newsletter - Work directly with my team to buy your first franchise - Scale your franchise to 8-figures by joining my private community Find me on X / Twitter, LinkedIn, & YouTube

From "Business with Beers"

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