05.18.23 Holding A Franchise - Key Rules / Engagement Ring Sales Promise Market Opportunity

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 18 May 2023

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Entrepreneurs make the world go round and as the job market transforms, many decide to start their own business, which may include holding a franchise. Clark has specific, must-do, key rules for those considering becoming a franchisee. Another big life decision - getting engaged. Turns out after the post pandemic wedding surge, engagements rates are down. This presents a marketplace opportunity for future newlyweds. Key Rules For Aspiring Franchisees: Segment 1 Ask Clark: Segment 2 Otherwise Engaged - Diamond Deals: Segment 3 Ask Clark: Segment 4 Mentioned on the show Franchise ownership: Is it right for you? Franchise Fundamentals: Debunking five myths about buying a franchise The Only Reason You Should Make an Improvement to Your Home Should I Turn To Costco for a Home Renovation Project? Best Online Will Maker: 5 Free or Cheap Options Living Will and Durable Power of Attorney: Frequently Asked Questions Curb | Low-Cost, On-Demand Rides - GoCurb.com Engagement ring sales are down sharply, according to America’s biggest jeweler 7 Places to Get the Best Deals on Lab-Created Diamonds Is there a limit on how much my mortgage lender can make me pay into an escrow account for interest and taxes? About ASE - Automotive Service Excellence Retailers return fees — and how you can avoid them. Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	At John Lewis, we know family moments aren't precious from celebrating their first birthday.
0:07.0	To keeping them entertained this summer.
0:11.0	We've got stylish kids wear and the latest toys and tech to let them get creative.
0:18.0	Plus get free next day click and collect when you spend over £30.
0:23.0	Discover more in store, online or on our app.
0:27.0	John Lewis for all life's moments.
0:35.0	It's great to have you here on the Clark Howard Show.
0:37.0	Your mission is to serve you and empower you to make great financial decisions in your life.
0:44.0	You know I'm a huge entrepreneur.
0:48.0	I love what we are able to do as individuals, families,
0:55.0	the group of friends who get together and start a business.
0:59.0	The dynamic nature of our economy is something else.
1:06.0	For that we're the envy of the world.
1:10.0	And we as Americans are down on ourselves these days.
1:14.0	You talk to people overseas.
1:16.0	They know this is the place, this is the land of opportunity.
1:21.0	And we're in a pivot right now.
1:24.0	We had an extremely strong job market in the United States.
1:28.0	It keeps surprising on the upside over and over again.
1:31.0	Current unemployment rate, headline unemployment rate in the United States, 3.4%.
1:36.0	But I have no doubt that we're going to have softness in the job market
1:41.0	because what the Federal Reserve wants eventually it gets.
	...

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