All Things Considered Franchising Podcast Scott Milas

In this episode of the All Things Considered Franchising podcast, host Scotty Milas interviews Jamie Krasnov. Jamie is the CEO of Apex Leadership Company, a franchise that specializes in fundraising for elementary and middle schools. With a background in private equity, Jamie recognized the need for a more effective and impactful fundraising solution for schools. He is passionate about giving back to the community and helping schools raise the necessary funds to provide quality education and resources for students. Jamie's leadership has helped Apex raise an average of $60 million per year nationally, making a significant difference in schools across the country.
Jamie shares his journey from private equity to becoming the CEO of a franchise that focuses on fundraising for schools. He tells Scotty, "We have franchisees in LA that have raised $30 million over the course of the last couple of years for several elementary schools in their community. I mean, that kind of money builds new buildings. It changes the experience inside the community." He then explains how Apex's unique program helps schools raise significantly more funds than traditional methods, such as selling cookies and candy.
In addition, Jamie emphasizes the importance of giving back to the community and how franchising allows entrepreneurs to make a positive impact while also building a profitable business. He explains to Scotty, "Franchising is this wonderful model for our industry that allows us to deliver both the human capital, rally the community, and also the technology that comes from scale and solves a big, big problem in our country."
Finally, Jamie highlights to Scotty the key characteristics of successful franchisees and the value of working with a consultant during the franchise evaluation process.
Key Takeaways:

Apex Leadership Company is a franchise that helps elementary and middle schools raise funds through a character and leadership program followed by a fun run. This program raises an average of $50,000 per school, significantly more than traditional fundraising methods.
Franchising offers a unique opportunity for entrepreneurs to make a positive impact in their communities while also building a successful business. Apex franchisees have raised millions of dollars for schools, allowing them to invest in STEM education programs and other resources.
Successful franchisees in the Apex Leadership Company possess the ability to build relationships, resonate with the company's mission, and have the drive to build their own business. These characteristics, along with the support provided by Apex, contribute to their success.
Working with a consultant during the franchise evaluation process can be beneficial in finding the right franchise opportunity. Consultants like Scotty Miles can provide guidance and help prospective franchisees make informed decisions.

Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and at (860)751-9126.
Jamie Krasnov can be reached at www.apexleadershipco.com/
#allthingsconsideredfranchising #scottmilas #businessownership #franchiseopportunities #jamiekrasnov #apexleadershipcompany #STEM #givingback #fundraisingforschools

Scotty Milas and Wendi Hill of Market Momentum were live on Wednesday, 4/17 with the April Rapid Fire FAQ. Scotty answers questions that come in through his website and social media platforms.
 
To send in a question, email: scott@scottmilasfranchisecoach.com
 
#rapidfirefaq #scottymilas #allthingsconsideredfranchising #podcast #linkedinlive

In this episode of "All Things Considered: Franchising" podcast, host Scotty Milas interviewsCarie Manzer, a franchisee and multiple territory owner of Ace Handyman Services.With a background in small business ownership and a passion for entrepreneurship,Carie and her husband decided to invest in a franchise to achieve a betterwork-life balance and build a legacy for their children.
Carie shares with Scotty her franchising journey, discussing how she and herhusband were drawn to Ace Handyman Services due to its strong brand recognition,customer service focus, and support provided by the corporate team and network offranchise owners. She tells Scotty, "Ace Handyman is built on customer service andingrained in the national culture." She and her husband have successfully built a thrivingbusiness while still being actively involved in their children's lives and the community.She then highlights to Scotty the importance of knowing your strengths and weaknessesas a business owner and the value of networking in marketing efforts. Carie alsoemphasizes the support and resources provided by Ace Handyman Services, whichhave been instrumental in their success. As she states, "Be prepared to lose sleep, butalso enjoy the ride."
Key Takeaways:-Franchising can provide the opportunity for a better work-life balance and theability to build a legacy for future generations.-When considering a franchise, it is important to choose a brand that aligns withyour values and offers dedicated support and resources.-Knowing your strengths and weaknesses as a business owner is crucial forsuccess.-Networking is a valuable marketing strategy for building referral partnerships andgrowing your business.
Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and at (860)751-9126.
Carie Manzer can be reached at www.linkedin.com/in/carie-manzer-6540b2210
#allthingsconsideredfranchising #scottmilas #businessownership #franchiseopportunity#cariemanzer #acehandymanservices #nationalculture #worklifebalance #enjoytheride

Scotty Milas is a franchise consultant, coach, and broker. He is the founder of Scott
Milas Franchise Coach and has extensive experience in the franchising industry. With
his expertise, Scotty helps individuals explore and navigate the world of franchise
ownership. He guides and supports finding the right franchise opportunities
based on the client's goals and aspirations.
In this episode, Scotty Milas continues his educational series on franchising. He delves
into the questions that individuals should ask themselves and discuss with a
franchise consultant when considering business ownership.
Scotty emphasizes the importance of thinking like a business owner rather than an employee and highlights the need to define short and long-term goals. He says, "If you;re thinking about investing in
a business that cleans portable toilets, that does not mean that you;re going to be
cleaning the portable toilets. But you have to think as the business owner how you're
going to build the business, how you're going to scale the business."
He also encourages individuals to consider their personal preferences, strengths, and
weaknesses when exploring franchise opportunities. Scotty explains, It's okay to keep
it simple, but it's also okay to think that I want to build this bigger. But again, you have to
understand where you want to be three, four, five years from now."
By understanding their motivations and aspirations, individuals can make informed decisions and find the
right franchise that aligns with their vision.

Key Takeaways:

-Think like a business owner: When considering franchise opportunities, it's
crucial to shift your mindset from that of an employee to that of a business owner.
Focus on how you can build and scale the business rather than getting caught
up in day-to-day tasks.

-Define your short and long-term goals: Consider what you want to achieve in the next three to
five years and whether you aim to build a single unit or scale it into an enterprise.

-Consider work-life balance: Reflect on the type of involvement you want in the
business and what activities you enjoy. You can find fulfillment and enjoyment in your entrepreneurial
journey by aligning your business with your personal interests.

-Know yourself: Reflect on your strengths, weaknesses, and personal
preferences. By understanding yourself, you can find a franchise opportunity that
leverages your strengths and aligns with your interests.
Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and at (860)751-9126.

#allthingsconsideredfranchisingpodcast #scottmilas #businessownership #passion
 #franchiseopportunities #defineyourgoals #entrepreneurialjourney

In this episode, host Scott "Scotty" Milas is joined by Jeff Johnson, founder and CEO of Franchise Research Institute and FranSurvey. Jeff founded FranSurvey in 2002 after his Schlotzsky's franchise went bankrupt, aiming to provide unbiased data on franchisor performance and franchisee satisfaction. He shares with Scotty his insights on the importance of analytics and surveys in the franchise industry, which he has gained from his decades of experience as a former franchisee and area developer.
Jeff and Scotty discuss franchise evaluation. Jeff says, “The two pillars for evaluating a franchise opportunity are: 1) The potential for profitability, and 2) What current franchisees say about the franchisor's support and partnership.” Jeff also talks about the importance of working with a franchise consultant. Jeff explains, “If you can identify a great consultant that works with you, I think it’s extraordinarily helpful.”
Key Takeaways from Jeff:- Top-performing franchises focus on customer satisfaction and understanding the franchise business model, partnering with franchisees for mutual success.Emerging brands looking to franchise should assess whether their systems can be replicated profitably by franchisees and whether the leadership has a servant mentality toward franchisees.For prospective franchisees, it's essential to find a good fit based on background and investment capability and then validate the franchisor's commitment to partnering with them long-term.
Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and at (860)751-9126.Jeff can be reached at https://www.linkedin.com/in/jeffjohnsonfranchise.
#allthingsconsideredfranchising #scottmilas #businessownership #franchiseopportunity#jeffjohnson #fransurvey #franchisesurveyinstitute #franchiseevaluation #podcast

In this episode of the All Things Considered Franchising Podcast, Scotty Milas interviews John T. Hewitt, a 50-year veteran in the franchising industry. John is the CEO of Loyalty Brands and the founder and chairmanof the board of Liberty Tax. Loyalty Brands is a cohesive group of franchise businesses and services designed to work together to help the franchise buyer prosper quickly and over the long term.
With a background in tax services, John has built two of the top 100 retail chains in the United States and Canada. He has brought in over 5,200 franchisees and has a record of accomplishment and success in franchising.
Scotty and John discuss franchising's advantages and the importance of happy and successful franchisees. John tells Scotty, "When you have franchises, about 95% of the macro-owners, so it's a competitive advantage."
In terms of happiness and success, he explains, "If you have happy, successful franchisees, you are going to be wildly successful. If you don't, you're going to fail."
Finally, John shares his experiences in founding and growing Liberty Tax and his current venture with Loyalty Brands. He emphasizes the need for franchisees to follow the system and highlights the role of criticism in improving and evolving a franchise system. John says to Scotty, "Learn the system. And then once you get it down path, then tinker."
Key Takeaways:-Franchising offers the advantage of having franchisees who act like owners,providing a competitive edge over businesses with employees.-Building a successful franchise system requires happy and successfulfranchisees. Franchisees should be profitable and satisfied with their investment.-Many businesses fail at franchising because they do not understand theimportance of happy and successful franchisees.-Franchisees should follow the system religiously and avoid tinkering with theestablished processes until they have a solid understanding of the system.-The key to success in franchising is managing the balance between income andexpenses, ensuring that the right structure matches the income generated.
Scotty Milas can be reached at scott@scottmilasfranchisecoach.com and (860)751-9126.John T. Hewitt can be reached at https://www.linkedin.com/in/john-t-hewitt-9917b7149
#allthingsconsideredfranchising #scottmilas #businessownership#franchiseopportunities #johnthewitt #loyaltybrands #happyfranchisees #libertytax#learnthesystem