SummaryIn this episode, Natalia Shvarts, a prominent franchise lawyer in the UK, shares her journey in the franchising industry, discussing her transition from legal practice to in-house roles and eventually starting her own practice. The conversation delves into the intricacies of franchise agreements, the importance of recognizing disengaged franchisees, and the necessity of having a solid exit strategy for business owners. Natalia also reflects on her personal experiences and offers valuable advice for entrepreneurs, emphasizing the significance of simplicity and surrounding oneself with the right support.Chapters00:00 Introduction to Franchising and Natalia Schwartz01:36 Natalia's Journey in Franchising06:13 Transitioning to In-House Legal Work07:58 Understanding Franchise Agreements12:27 Identifying Telltale Signs of Franchisee Disengagement17:47 The Importance of Exit Strategies in Franchising22:20 Preparing for a Successful Business Exit30:21 Personal Insights and Life Experiences39:59 Final Advice for Entrepreneurs

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