Franchise Development with Doug Schadle

11/04/2024 29 min

Listen "Franchise Development with Doug Schadle"

Episode Synopsis

Is Franchising Right for You? with Richard Morgin, Ep 14
In this episode of "Is Franchising Right For You," Rick Morgin speaks with Doug Schadle, CEO of Rhino7. Rhino7 is not a traditional franchise sales organization but a comprehensive franchise development firm, deeply involved in the operational systems and support solutions for franchisors and franchisees. They partner with multiple brands as franchisors and operate numerous franchises, offering unique ownership models and extensive support in various industries, including home services, pet care, and medical.

Tune in to the episode to hear about:
* The evolution of Rhino7 from a franchise consulting role to a full-fledged franchise development firm, including their unique approach to construction management for retail and medical brand franchises.
* An in-depth discussion on Rhino7's diverse portfolio, including brands like QC Kinetics in regenerative medicine and 76 Fence in the fencing industry, highlighting their unique franchise models and the support provided to franchisees.
* The various ownership models offered by Rhino7's franchises, such as owner-operator, semi-absentee, and investor models, that cater to different levels of involvement and investment by franchisees.
* The criteria Rhino7 uses to select and develop franchises, focusing on the profitability and scalability of the business to ensure success for franchisees.
* Doug Schadle's personal journey into franchising and the foundational principles that have guided Rhino7's growth and success in developing franchises that offer significant support and growth opportunities for entrepreneurs.

Learn more about Doug Schadle:
 * Connect with Doug on LinkedIn: https://www.linkedin.com/in/dougschadle/  
 * Follow Rhino7 on LinkedIn: https://www.linkedin.com/company/rhino7franchisesalesanddevelopment
 * Visit Rhino7’s Website: http://rhino7.com  
***********************************
About Is Franchising Right for You?:
The Is Franchising Right for You? podcast demystifies preconceived notions about franchising, both entrepreneurs franchising and those buying a franchise.
Subscribe to The Franchise Consulting Company’s YouTube channel to not miss an episode: https://www.youtube.com/@thefranchiseconsultingcomp119
Connect and learn more from your host, Richard Morgin:
 * Connect with Rick on LinkedIn: https://www.linkedin.com/in/richardmorgin/
 * Follow Rick on Facebook: https://www.facebook.com/rickmorgin
 * Follow Rick on Instagram: https://www.instagram.com/rickmorgin/