Many entrepreneurs looking to become owners find franchises attractive because of the support they may receive from the Franchisor. The common belief is that franchises are easier to operate, but is that really true? In Episode 6, we talk with Sonny Singh, who went through an entire life cycle of purchasing a franchise to exiting one.

In episode 6 of the Business 360 Podcast, we will cover:

1. Franchise Fee
2. Royalty Fees
3. Investment and Personal Net Worth Requirements
4. Franchise Disclosure Document
5. Franchise Brands

Franchises

Click here to listen!

Here's your highlight guide to the episode:

[08:35] - How to decide which business to franchise

[10:36]- Do franchisors provide support and resources 

[12:08] - Most common challenges entrepreneurs face when franchising

[13:47] - Tips and advice for entrepreneurs who want to become a franchise owner

Learn more about our guest:

Sanjiv (Sonny) Singh on LinkedIn