SummaryIn this episode of Walking with Walfinch, Keith Levenson from Client Tether shares his insights on the franchising industry, discussing the challenges of scaling a franchise, the importance of support for franchisees, and the financial fundamentals necessary for success. He emphasizes the need for strong relationships between franchisors and franchisees, the significance of hiring the right people, and the realities of the costs associated with franchising. Levenson also offers valuable advice for aspiring franchisors, highlighting the importance of mentorship and understanding the marketplace.Chapters00:00 Introduction to Franchising and Personal Stories02:59 The Challenges of Scaling a Franchise06:02 The Importance of Franchise Support08:55 Navigating Financial Fundamentals in Franchising12:01 Understanding Franchisee Relationships14:58 Building a Sustainable Franchise System18:04 Hiring the Right People for Growth20:58 The Cost of Franchising and Growth Strategies23:57 Advice for Aspiring Franchisors

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