52. Franchise Readiness and Ethical Responsibilities

Join me on this episode of the Start Grow Scale Podcast where this week we explore if franchising your children's activity business would be right path for you.

I discuss the steps to determine if franchising is the right growth model for you, including a specialised quiz designed to gauge your franchise readiness. With a focus on having a clear vision, mission, and values, I emphasise the ethical responsibilities that come with franchising. You'll gain insights into the highs and lows of this journey, and the importance of resilience and long-term commitment. This episode is a whiz stop tour on the challenges and rewards of becoming a franchisor, stressing the need for meticulous preparation and ethical practice.

In addition, we'll explore different strategies for scaling your business beyond franchising, including licensing and other growth pathways. There's no one-size-fits-all approach to expanding your business, and I encourage you to consider multiple options to unlock your potential and maximise income.

Tune in to learn about the various ways you can grow your business, and don't forget to share this episode with anyone who might find it relevant.

If you would like to take my Franchise Readiness Quiz email me on [email protected] today and I'll send you a link. 

Want to learn about the difference between a Franchise and Licence watch my 20 min Masterclass here which talks you through the Pro's and Con's https://www.kristinemonaghan.online/findyourperfectfit