Former Searcher Opts to Franchise Instead
Feb 02, 2023•1 hr 31 min
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Episode description
Jacob Lee signed up for 10 locations in the Scenthound franchise after deciding it was a better opportunity than search.
Topics in Jacob's interview:
- Why starting franchise locations makes more sense than buying a business
- Return on equity in franchising vs. search
- Getting over pride when choosing to franchise
- How Jacob selected Scenthound from 4,000 franchise options
- Other franchises Jacob considered
- How to analyze a franchise opportunity (especially a young one)
- All about Scenthound - concept, numbers, fees
- Franchising compounds
- How to build 10 units over 4 years (plus the 2 key hires that make it possible)
- Using SBA loans in franchising
References & how to reach Jacob:
- Jacob's Twitter thread cited in the interview
- Scenthound
- Brent Beshore
- Tommy's Express Car Wash
- The Joint Chiropractic
- @jacoblee295
- j lee AT scenthound dot com
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