To Franchise or Not to Franchise

Grant Bullington is a Franchise Specialist with FranNet. He started his franchising career in 2005 and has been a FranNet franchisee for 12 years. At FranNet, Grant helps prospective franchise buyers zero in on the best businesses to start. By providing education on the franchise industry, powerful decision-making tools, and introductions to various professional services, he helps potential buyers make defensible, data-based decisions.

Before joining FranNet, Grant was a Senior Franchise Development Manager at 1-800-GOT-JUNK?, where he oversaw the North American Franchise Development Department. Grant also recently started his own podcast, The Franchise Scout.

Here’s a glimpse of what you’ll learn: 

• Grant Bullington explains the difference between a franchisee and a franchisor

• The benefits of starting a franchise and why people are currently purchasing and opening franchise businesses

• What business owners should consider before deciding to franchise their business

• Grant talks about the types of businesses that have done well in the franchise industry

• What franchisees should consider before choosing a franchise to invest in

• When should franchisors expect to start getting decent returns from their franchisees?

• The best CEO behaviors and character traits that Grant has seen among franchisors and franchisees

• Grant shares what he is learning right now

In this episode…

Many people dream of owning their own businesses, but the challenges associated with starting one from scratch may be holding them back. For these aspiring CEOs, the solution is simple: franchises. Not only will purchasing a franchise allow someone to run an established business with fewer risks, but it will also help the franchise founder expand and scale their business to new heights. 

However, there are a number of factors that both the franchisee and franchisor must consider before deciding to enter into a franchise relationship. From costs to competitors to growth potential, it can be tricky to determine when and how to open a franchise business. That’s where Grant Bullington comes in. As a Franchise Specialist, he wants to help you zero in on your best franchise options and make the business decision that is right for you.

Grant Bullington, a Franchise Specialist with FranNet, joins Martin Hunter on this week's episode of What CEOs Talk About. Together, they discuss the factors that franchisees and franchisors should consider before entering the franchise industry. Grant also shares the benefits of purchasing or opening a franchise, the character traits of successful franchise CEOs, and some of the best franchise businesses to start in 2021. Stay tuned for more.

Resources Mentioned in this episode

• URGEO

• Contact email: info@urgeo.com

• Martin Hunter on LinkedIn

• FranNet

• Grant Bullington

• Grant Bullington on LinkedIn

• 1-800-GOT-JUNK?

• Neal Courtney on LinkedIn

• McDonald’s Franchising

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