In this episode of Create Wealth Through Franchising, Kim Daly explores the power of business coaching with Todd Eppert, a franchisee of Focal Point Coaching, as he shares his transformative journey from engineer and COO to empowered franchisee. He explains the shift from being the central "rainmaker" to the visionary architect, emphasizing intentionality in business operations from day one to building a business with high exit potential. Through creating effective teams, establishing repeatable processes, and focusing on long-term goals, Todd offers actionable strategies for growth at every stage. Kim underscores how business coaching goes beyond franchising basics, showing how mindset plays a critical role in lasting success.

Also in this episode:

• Long-term business planning, Todd advises starting preparation for business exits at least five to seven years in advance, focusing on building sustainable systems and processes.
• Business coaching complements franchising through long-term growth strategies and mindset shifts rather than just operational guidance.
• The intentional work a business owner does before selling significantly enhances enterprise value—either ensuring a smooth transition or necessitating additional planning years.

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Contact me today: https://thedalycoach.com/connect-with-kim/

In this episode of Create Wealth Through Franchising, Kim Daly and franchise specialist Michael Mudd, CEO of Brand One Franchise Development, explore franchise economics and essential investment strategies. They discuss the importance of choosing a franchise based on the "who" behind the brand, emphasizing that due diligence and cultural alignment are key for successful partnerships. Michael shares insights on unit-level economics, cultural fit, and the critical roles of both franchisors and franchisees in maintaining productive relationships.

Also in this episode:

• The success of a franchise investment is heavily reliant on the relationship with the franchisor, underscoring the importance of evaluating the "who" behind the brand.
• Fit with the brand's culture and operational model is crucial to ensure mutual success and satisfaction in a franchise partnership.
• Franchisors look for candidates who follow systems, have the right cultural fit, and align with what it takes to succeed within the franchise.

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Contact me today: https://thedalycoach.com/connect-with-kim/

In this episode of Create Wealth Through Franchising, Kim Daly is joined by Paul Moore from Wellings Capital who offers insight for listeners interested in diversifying their investment portfolios beyond the franchise industry. Paul delves into the significant advantages of pooling resources through well-researched syndications to access higher yields and minimize risk, particularly for accredited investors.

Also in this episode:

• Commercial real estate valuations are driven by net operating income and cap rates, allowing for significant potential in value forcing through strategic improvements.
• Implementing improvements and expanding services in commercial properties, such as self-storage units, can significantly increase income streams and property value.
• Investing in a diversified fund can mitigate risks associated with single property investments, providing stability and consistent returns.

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Contact me today: https://thedalycoach.com/connect-with-kim/