In this episode of The Franchise Millionaire™ Show, Andrea Bailey Brown shares her key takeaways from the International Franchise Conference in Florida. Andrea dives into why "unsexy" businesses—like mold remediation, lawn care, and roofing—are booming, with lower startup costs and reliable returns. She also discusses the growing interest from private equity in franchise models, thanks to their scalability and stability. From the essentials of networking in person to the benefits of keeping a pen-and-notebook approach, Andrea shares strategies for getting the most out of professional conferences and connecting with industry leaders.

Explore how these franchise insights could work for your business goals—tune in and start planning your path to growth today!

Highlights

• How “unsexy” franchises deliver consistent profitability with manageable startup costs
• What’s attracting private equity to franchise investments
• Best practices for meaningful networking at industry conferences
• Why staying organized with a classic notebook can help track key connections and ideas
• The value of keeping an open mind and a flexible approach to seating and interactions

Connect with Andrea:

Website: https://bbfranchiseagency.com/

Instagram: @baileybrownconsulting

In this episode of the Franchise Millionaire™ Show, Andrea Bailey Brown shares essential advice for aspiring franchise owners, based on her presentation at the National Franchise Show in Edmonton. She discusses the diverse backgrounds of successful franchisees and the freedom that comes with franchise ownership, such as controlling your schedule and gaining independence. Andrea covers key advantages like franchisors' support systems, the lower risk compared to independent businesses, and better banking opportunities due to high franchise success rates. She also highlights the importance of maintaining brand integrity, transitioning from employee to entrepreneur, and conducting a franchise fit assessment to find the right opportunity. Lastly, she dives into researching low-cost franchises and understanding financing terms, while preparing for the challenges of income variability in the early stages.

If you’re ready to explore the world of franchising, tune in now and take the first step toward your entrepreneurial journey!

Highlights

• Why franchises succeed across diverse backgrounds
• How franchisors provide structured support through ongoing training, mentorship, and a reliable network
• Why franchises offer reduced risk, with 95 percent achieving long-term stability beyond five years
• What attracts banks to franchises, with high success rates and dedicated lending support
• How franchises allow for personalized touches while maintaining essential brand consistency
• Why franchise ownership differs from traditional jobs, with initial income variability before profitability
• What working independently requires for success
• How selecting the right franchise fit can pave the way for sustainable long-term growth

Connect with Andrea:

Website: https://bbfranchiseagency.com/

Instagram: @baileybrownconsulting

In this episode of the Franchise Millionaire™ Show, Andrea Bailey Brown dives deep into the essential financial preparations needed for investing and buying a franchise. Beyond the initial franchise fee and royalties, she discusses often-overlooked expenses like legal fees, contractor costs, equipment, signage, and inventory. Andrea highlights the importance of understanding startup costs and cash flow needs to avoid common pitfalls that lead to business failures.

She also explains how franchise agreements, particularly Item Seven, offer transparency on financial requirements, helping prospective franchisees make informed decisions. Tune in for clear, practical advice on budgeting and planning for a successful franchise investment.

Ready to take the next step toward franchise ownership? Listen now!

Highlights

• The importance of negotiating with landlords for necessary improvements.
• The reality of contractor fees that can influence your overall budget.
• The essential costs of decor, packaging, and signage.
• The necessity of equipment and fixtures specific to your industry.
• The significance of technology fees in enhancing operational effectiveness.
• The necessity of budgeting for labor costs to ensure effective business operations.
• The value of the franchise disclosure document, particularly Item Seven, for understanding expected costs.

Connect with Andrea:

Website: https://bbfranchiseagency.com/

Instagram: @baileybrownconsulting