Franchise QB Mike Halpern
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- Business
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Welcome to the Franchise QB podcast where we empower entrepreneurs to WIN BIG in franchising. Hosted by Mike Halpern, a 20-year franchising veteran and entrepreneur, we huddle up weekly to educate our audience about the most successful small business model ever created: Franchising. Our mission is for listeners to achieve their American Dreams as new franchise owners. Let’s get started!
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Episode 27: David Montanez- VP of Franchise Development, Authority Brands
David Montanez, Vice President of Franchise Development with Authority Brands, discusses the trade brands within the company's portfolio, including Benjamin Franklin Plumbing, One Hour Heating and Air Conditioning, Mister Sparky Electric, and DryMedic Restoration Services.
Takeaways
Reliability and dependability are crucial in the trades industry, and customers value businesses that deliver on their promises.
There is a growing interest in pursuing careers in the trades, and trade schools are seeing a resurgence in admissions.
Authority Brands leverages referrals between its different trade brands, creating synergy and providing comprehensive solutions for customers.
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com -
Episode 26: Turp Ricketts- VP of Franchising with HorsePower Brands and Mighty Dog Roofing
Turp Ricketts, Vice President of Franchise Development with Mighty Dog Roofing and HorsePower Brands, joins the Franchise QB Podcast to discuss the Mighty Dog Roofing concept and the support provided by HorsePower Brands.
Mighty Dog Roofing is a sales and marketing business that offers roofing, siding, gutters, windows, and solar services. The franchise model allows owners to focus on building a sales team while subcontractors handle the production side.
HorsePower Brands provides shared services to franchise owners, including call center support, financing programs, and national partnerships. The franchise offers training and ongoing support to help owners succeed.
Chapters
00:00 Introduction to the Franchise QB Podcast
04:19 Turp Ricketts' Journey to HorsePower Brands
08:21 The Value of Shared Services for Franchise Owners
22:45 The Franchise Owner's Team and Support
29:16 Scaling and Diversifying with HorsePower Brands
35:49 Closing Remarks and Contact Information
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com -
Episode 25: Mike Stone- CEO, CertaPro Painters
Mike Stone, CEO of CertaPro Painters, joins the Franchise QB Podcast to discuss the opportunities and success of the CertaPro franchise.
CertaPro is the largest painting company in North America, with over 370 franchise owners and $700 million in revenue. Stone shares his journey with CertaPro, from starting as a sales rep to becoming the CEO. He emphasizes the importance of leadership and building a strong team in the franchise business.
Stone also highlights the benefits of being part of the CertaPro franchise, including access to top-quality products, support from a dedicated team, and a tiered royalty structure based on performance.
Takeaways
CertaPro Painters is the largest painting company in North America, with over 370 franchise owners and $700 million in revenue.
The success of CertaPro is rooted in its focus on franchisee profitability, delivering an extraordinary customer experience, and providing a roadmap for building a large-scale professional operation.
Franchise owners in the painting industry have the opportunity to build big businesses and capture market share, with potential for double-digit growth every year.
CertaPro offers extensive support to franchise owners, including training, marketing resources, and access to top-quality products.
The franchise model allows for scalability and the potential for a high return on investment, with a tiered royalty structure that rewards franchise owners for building big businesses.
Chapters
00:00 Introduction to the Franchise QB Podcast
01:11 Connection to the Philadelphia Area
03:29 Mike Stone's Journey with CertaPro
08:42 Vision and Growth Plans for CertaPro
09:34 Strategies for Achieving Growth
13:45 Opportunities for Resales and Partnerships
20:17 Labor Model and Relationship with Painters
22:34 Culture and Core Values of CertaPro
28:45 Ideal Franchise Owner and Initial Team Structure
30:10 Targeted Growth Markets for CertaPro
32:30 Tiered Royalty Structure and Return on Investment
35:17 Importance of Culture and Values in CertaPro
36:12 Future Plans and Technology Investment
37:06 Closing Remarks and Contact Information
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com -
Episode 24: Jason Henshaw- Franchise Development Manager with Monster Tree Service
In this episode of the Franchise QB Podcast, host Mike Halpern interviews Jason Henshaw, Franchise Development Manager with Monster Tree Service.
They discuss the credentials required for franchise development, the training and support provided by Monster Tree Service, the revenue streams and opportunities for growth within the franchise, and the ideal characteristics of a franchise owner. They also touch on the equipment package and the financial performance representations of the franchise.
Overall, the episode highlights the benefits and potential of owning a Monster Tree Service franchise.
Takeaways
Monster Tree Service provides extensive training and support, including safety training, sales training, and ongoing guidance from a regional operations partner.
The franchise offers multiple revenue streams, including tree services, plant healthcare, and commercial and municipal contracts.
The ideal franchise owner is someone with business acumen, leadership experience, and the ability to manage a team.
The initial investment for a Monster Tree Service franchise is around $500,000 to $600,000, with 70% of the investment going towards equipment.
Monster Tree Service territories are based on population, with each territory covering approximately 200,000 people.
The franchise emphasizes the importance of planned healthcare as a growth opportunity, with higher margins and recurring revenue potential.
Franchisees have access to a comprehensive business management software, including CRM and routing and optimization tools.
Monster Tree Service has a large footprint across 34 states in the US, with plans for future expansion into Canada.
Chapters
00:00 Introduction
03:04 Credentials and Training for Franchise Development
08:10 Multiple Revenue Streams and Growth Opportunities
13:29 Characteristics of an Ideal Franchise Owner
27:54 Strong Financial Performance Representations
29:51 Territories Based on Population
35:05 Emphasizing Planned Healthcare as a Growth Opportunity
36:29 Comprehensive Business Management Software
37:28 Large Footprint Across the US
38:24 Conclusion
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com -
Episode 23: Randy Hetrick- CEO, OutFit
Randy Hetrick, CEO of OutFit, shares his journey from being a Navy SEAL to building TRX into an $85 Million company and subsequently launching OutFit, an outdoor mobile fitness services franchise system.
Takeaways
OutFit is an outdoor mobile fitness service that operates out of customized vans.
The franchise opportunity provides a low-cost entry into the fitness industry with low overhead and flexibility in business model.
The OutFit app and technology platform streamline operations and member experience.
Franchise owners can choose their territories based on demographic analysis and have the opportunity to build incrementally.
OutFit aims to become the dominant player in the outdoor fitness space.
Chapters
00:00
Introduction
01:10
Randy Hetrick's Background
07:42
Introduction to OutFit
09:37
Franchise Opportunity in the Outdoor Fitness Space
13:24
The OutFit App and Technology
15:03
Programming and Personal Training
16:32
Venues and Community Engagement
20:34
Why OutFit is a Great Franchise Opportunity
22:54
Territories and Ideal Franchise Owners
25:11
Costs and Financial Performance
28:27
Closing Remarks
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com -
Episode 22: Devan Klunder- Franchise Owner with Doody Calls
Devan Klunder, franchise owner at Doody Calls, shares his experience balancing his military duties and running a Doody Calls franchise. He discusses his background, including growing up in California and his motivation to provide more for his family.
Devan explains the Doody Calls business model, which focuses on residential pet waste management. He talks about the challenges and successes of starting his franchise and the support he receives from the Franchisor.
Devan also emphasizes the importance of perseverance and embracing new experiences in franchising.
Takeaways
Balancing military duties and running a franchise requires effective time management and leadership skills.
The Doody Calls business model focuses on residential pet waste management, with potential for expansion into HOAs and apartment complexes.
Yard signs have been an effective marketing tool for acquiring clients.
Support from the franchisor and peer network is crucial for success in franchising.
Perseverance and a willingness to embrace new experiences are key to overcoming challenges and achieving success.
Chapters
00:00
Introduction and Background
00:40
Starting the Doody Calls Franchise
04:05
Timeline of Relocation and Business Launch
05:34
Military Background and Success in Business Ownership
06:19
Investment and Secret to Success in Franchising
09:12
Building and Managing a Team
10:29
Client Acquisition and Growth Ambitions
12:09
Key Learnings and Advice for New Franchisees
14:12
Acquiring Clients through Yard Signs
16:06
Support from the Franchisor
18:58
Don't Give Up and Embrace New Experiences
20:03
Conclusion
Free Resource for Franchise QB Listeners:
The Franchise QB Playbook will guide you through the process of finding your perfect franchise fit.
https://docs.google.com/document/d/1XlbD8oyl3uyeiqaM73poH67BX1jRRyCGR7l7qB-3Nz0/edit?usp=sharing. Also, you can view the Franchise QB podcast at www.youtube.com/@franchiseqb.
Contact me and my team with any questions along the way. www.calendly.com/franchiseguy
Mike Halpern, CAFC
mike@franchiseqb.com