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Money Tree Investing

MTI052: Investing in a Franchise with Scott McIntosh from Nestle Toll House Cafe

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 29 August 2015

⏱️ 54 minutes

🧾️ Download transcript

Summary

Scott McIntosh, VP of Franchise Development for Nestle Toll House Cafe, joins us to talk about investing in a franchise. We cover lots of ground in this area that many investors don’t consider: – Can you invest passively in franchises

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The post MTI052: Investing in a Franchise with Scott McIntosh from Nestle Toll House Cafe appeared first on Money Tree Investing Podcast.

Transcript

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0:00.0

Welcome to the Money Tree Investing Podcast.

0:04.6

Stock market, wealth, personal finance, value stocks, invest in your life.

0:14.2

Welcome to episode 52 of the Money Tree Investinging podcast. Hey everybody, I'm Joe Saul

0:23.7

See High from Stacking Benjamins and I am in the driver's seat today, which means we're

0:28.4

going to have some fun, aren't we? So sit back and relax because on this episode, we're taking

0:33.4

things a little different. We're going to talk about franchising. And why franchising?

0:39.0

Well, there's lots of ways to invest money, isn't there? First of all, there are passive investments.

0:44.0

Second, there's investing in yourself. But third, I thought, what about investing in a business?

0:49.2

What's that all about? And there are people out there that are friends of mine frankly who own lots of businesses

0:55.2

and they will tell you that that is an investment so i've always wondered what's it like to own a

1:00.9

franchise so we're going to talk about that on today's show let's go nesley tollhouse cafe by chip

1:09.9

franchises nearly 150 bakery cafes in the USA, Canada, and the Middle East.

1:15.1

They've been recognized by Entrepreneur Magazine's Franchise 500 for the last nine consecutive years through 2015.

1:22.0

And Scott McIntosh, who's the vice president of franchise development at Nestle, Toll House Cafe by by Chip joins us. Welcome to the show, man.

1:29.9

Thank you so much, Joe. Glad to be here. Well, I know, Scott, how you made the list, the franchise 500.

1:35.3

You bribe them with that smell, don't you? That's how you get listed. You know, it never fails.

1:40.4

I can get on list, and I can typically get upgraded on my flights when I deliver cookies.

1:46.6

Well, I was going to say, you either bribe them with the smell or you bribe them by saying,

1:51.5

I'll never take the smell away because I would weigh 700 pounds. It's funny because my wife,

1:57.7

Cheryl, was excited about me interviewing you, but she said you needed to send samples so we could get a real feel for it first. Absolutely. Nothing is better than a Nestle

2:06.1

Toll House chocolate chip cookie in a 12-inch square. Oh, my goodness. Well, as you know, Scott,

2:14.4

we talk investing on this show. And when it comes to being a franchisee, when you look for the right franchisee, what type of investor are you looking for when you're out there searching?

...

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