Is Franchising the Right Investment for You? | 3 Effective Ways To Find Out With Robert Tunmire

The Franchise Hot Seat Podcast with Dr. John P. Hayes - Director, Titus Center for Franchising

DESCRIPTION:

Franchising can be an excellent opportunity for aspiring business owners to get their feet wet in entrepreneurship. By joining a franchise, individuals can own and operate their businesses while still receiving support and guidance from the franchisor. However, it's important to note that franchising is not for everyone, and it's essential to thoroughly research and consider all franchising aspects before deciding to become a franchise owner.

In this week's Franchise Hot Seat podcast episode, Robert Tunmire, a franchise expert, outlined the various types of franchise buyers and explained why franchising might not be the right fit for everyone. He emphasized the importance of thoroughly researching and considering all aspects of franchising before deciding to invest in a franchise. By taking the time to evaluate these factors carefully, individuals can increase their chances of success and satisfaction as franchise owners.

TIMESTAMPS:

[1:25.7] Not everyone should be in business

[7:59.5] Factors to consider when selling a franchise

[10:25.8] Helping others achieve their goals through franchising

[15:29.9] The financial risk involved in franchising your business

[19:43.8] Books: Your guide to being successful in everything

[22:42.1] Connecting with people gives meaning to our lives

GUEST BIO:

Robert Tunmire has 44 years of experience in the franchising industry and is widely known for his ability to grow companies. He served as Executive Vice President of Neighborly (formerly The Dwyer Group) from 1998 to 2019. For seven years he was the President of Glass Doctor, a 30-year-old company. He also served as President and CEO of Neighborly/The Dwyer Group and President of Mr. Rooter Corporation, which is one of Neighborly’s companies.

Robert now serves as a Leadership Advisor in the Franchising and Entrepreneurship Industry. He believes that so grow the people, so grows the business.

LINKS:

DR. HAYES:

WEBSITE: http://franchisehotseats.com/

LinkedIn: https://www.linkedin.com/in/drjohnhayes/

Twitter: https://twitter.com/drjohnhayes

YouTube: https://www.youtube.com/c/Howtobuyafranchise

Instagram: https://www.instagram.com/hayesjph/

TikTok: https://www.tiktok.com/@johnphayesfranchise

Pinterest: https://www.pinterest.com/DrJohnHayes/

Facebook: https://www.facebook.com/franchisehotseatpodcast

ROBERT TUNMIRE:

LinkedIn: https://www.linkedin.com/in/roberttunmire/\

Facebook: https://www.facebook.com/robert.tunmire/