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The $100 MBA Show

MBA333 Should You Own a Franchise?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 29 July 2015

⏱️ 12 minutes

🧾️ Download transcript

Summary

Let's talk about the advantages and disadvantages of owning a franchise so we can help you decide if you should own one. You'll hear our personal opinion when it comes to franchise businesses. So if you're thinking to own one, you should listen to this episode now!

Transcript

Click on a timestamp to play from that location

0:00.0

Heyo! Welcome to the 100 Army. R. R. M. B.

0:14.0

The best 10 minutes of your day starts right now

0:16.6

with today's 10 minute business lesson for the real world.

0:20.5

I'm your host, your coach, your teacher Omar Zenholm.

0:23.8

I'm also the co-founder of the $100 MBA, a complete business training and community online,

0:30.5

and in today's lesson you will learn should you own a franchise.

0:35.0

Owning a franchise business can seem like a good idea.

0:38.0

In a lot of ways it looks like a safe choice.

0:41.0

And in today's lesson I'm going to outline some of the advantages as well as some of the

0:45.7

disadvantages of owning a franchise business. I'll also give my personal opinion if I recommend

0:51.3

you open a franchise business.

0:54.2

This is a topic that I know a lot of you have been waiting for, so let's get into it.

0:58.2

Let's get down to business. This episode of the 100 R.R. B.A. Show is sponsored by Braintree.

1:04.0

If you're working on This episode of the 100 RBA Show is sponsored by Braintree.

1:14.0

If you're working on a mobile app and searching for a simple payment solution,

1:18.0

check out Braintree. With one simple integration, you can offer your customers every way to pay. Period.

1:25.4

To learn more and for your first $50,000 in transactions fee-free, go to Braintree Payments.

1:31.6

com. MBA. That's Braintree Payments.com.

1:33.0

MBA. That's Braintree Payments.com slash MBA.

1:39.0

Owning a franchise business is like buying your own job.

1:43.0

Let me explain what I mean.

1:44.0

There are pros and cons to having an independent business,

...

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