Franchising 101

🎙️ Episode 240 - In this episode, Tim Parmeter breaks down one of the most misunderstood—but essential—documents in the franchising world: the Franchise Disclosure Document (FDD) . He also demystifies the term “ going dark ,” which tends to sound ominous but is a routine part of the franchising process each year. If you’ve ever been confused (or intimidated) by the FDD or heard the phrase "go...

🎙️ Episode 239 - In this episode of Franchising 101, FranCoach founder and CEO Tim Parmeter tackles a frustrating myth in the franchising world: the idea that franchising is “just buying a job.” With his trademark humor and candid tone, Tim breaks down the truth behind the phrase, explaining why — yes — sometimes franchising is buying a job… but that can be a very good thing. He highlights the ben...

🎙️ Episode 238 - In this episode of Franchising 101, Tim Parmeter welcomes Logan and Ashtin Smith from Arlington, Texas. The couple shares their journey to becoming owners of Mr. Appliance. Ashtin, a former deaf education teacher and stay-at-home mom, and Logan, experienced in insurance, mortgage, and financial technology sales, discuss their motivations to switch to franchising for better family...

🎙️ Episode 237 - In this episode of Franchising 101, Tim Parmeter interviews Trent Huey, Vice President of Franchise Development at Neighborly. Trent shares his journey from being a high school teacher and oil field worker to joining Neighborly nine years ago. He oversees the development of Mr. Electric, Mr. Appliance, and Mr. Rooter franchises. The conversation covers Trent's unique background, t...

🎙️ Episode 236 - Franchising 101 is celebrating Women in Franchising in the month of March! In this episode, Tim Parmeter interviews Danielle Champeau, who shares her inspiring journey from being a stay-at-home mom to becoming a franchise owner of Senior Helpers. Previously working in criminal justice and mental health, Danielle turned to nursing before discovering franchising through a friend. Af...

🎙️ Episode 235 - Franchising 101 is celebrating Women in Franchising in the month of March! In this episode, Tim Parmeter welcomes Marci Kleinsasser, Vice President of Marketing for Franchise Development at Home Franchise Concepts. Marci shares her unique journey into franchising, beginning with her father's franchise business and evolving into significant roles at major brands like Burger Kin...

🎙️ Episode 234 - Franchising 101 is celebrating Women in Franchising in the month of March! In this episode, we welcome Trudy Flores Reibling. Trudy shares her journey from diverse job experiences to becoming the proud owner of a Sky Zone Trampoline Park. Trudy opens up about her initial insecurities, the process of selecting the right franchise, and how her background in teaching and corporate tr...

🎙️ Episode 233 - Franchising 101 is celebrating Women in Franchising in the month of March and kicking of this special series with Laura Rea Dickey, the CEO of Dickey's Barbecue Pit. Laura shares her remarkable journey from a career in technology and marketing to leading one of the most iconic barbecue chains in America. The discussion covers the family history of Dickey's, which started i...

🎙️ Episode 232 - In this episode of Franchising 101, Tim Parmeter welcomes back Jason Henshaw from Mosquito Squad to discuss his journey into franchising and the exciting changes within the company, now branded as Mosquito Squad Plus. Jason shares his past entrepreneurial endeavors and provides insights into the franchising world, emphasizing the importance of year-round revenue, customer retentio...

🎙️ Episode 231 - Hear directly from a FranCoach client! In this special “In Their Words” episode of Franchising 101, Tim Parmeter welcomes Zach McNelis from Austin, Texas, who shares his journey from a tech career to becoming a Pirtek franchise owner. Zach discusses his background in technology, the motivations behind his shift to franchising, and the steps he took in selecting Pirtek, a company s...

🎙️ Episode 230 - In this episode of Franchising 101, Tim Parmeter welcomes Greg Jones from Mr. Handyman and Neighborly. Greg shares his journey from the financial services sector to franchising, highlighting the versatility and opportunities within the Mr. Handyman brand. The discussion encompasses the wide range of services Mr. Handyman offers, from minor repairs to large projects, and emphasizes...

🎙️ Episode 229 - In this episode of Franchising 101,Tim Parmeter talks to a repeat client who sought franchise ownership to gain control over his career. Listen in to hear how this client navigated the transition from the corporate world, chose his first franchise in 2019, launched it successfully amid the 2020 pandemic, and now returns to FranCoach for guidance on acquiring a second franchise. Th...

🎙️ Episode 228 - In this episode of Franchising 101,Tim Parmeter interviews Karyn White, the Director of Franchise Development for Spavia Day Spa. They discuss Karyn’s journey from nonprofit fundraising to franchise development, emphasizing the importance of relationship-building in the franchising world. The conversation highlights Spavia's business model, which offers an affordable luxury sp...

🎙️ Episode 227 - In this episode of Franchising 101, Tim Parmeter welcomes Danny Creed, a seasoned entrepreneur and business coach with an extensive background in sales, marketing, and franchising. Danny shares his journey from growing up on a farm in Kansas to becoming a successful radio personality and later transitioning into entrepreneurship. He discusses the importance of having a strong work...

🎙️ Episode 226 - In this episode of Franchising 101, we are joined by Jason Feifer, editor-in-chief of Entrepreneur magazine, for a deep dive into the 46th annual Franchise 500 ranking. Jason discusses the rigorous data-driven process behind the rankings, highlights new and emerging franchise categories, and shares insights on the evolving landscape of franchising. Additionally, Jason talks about...

🎙️ Episode 225 - In this episode of Franchising 101, Tim Parmeter, founder and CEO of FranCoach, discusses one of the biggest misconceptions in franchising: the financial investment required. Contrary to popular belief, not all franchises necessitate million-dollar investments and a higher investment doesn't always equate to higher returns. Tim also provides insights into the funding options avail...

🎙️ Episode 224 - In this episode of Franchising 101, Tim Parmeter welcomes frequent guest Danielle Wright to discuss the highs and lows of the franchising world in 2024 and share outlooks and advice for 2025. Topics include the stability and cautious optimism in the franchising sphere, the importance of self-reflection and goal-setting, and the impact of technological advancements like AI on the i...

🎙️ Episode 223 - In this episode of Franchising 101, FranCoach Founder & CEO, Tim Parmeter, discusses the common fears surrounding competition in the franchising world. He talks about the inevitability of competition in any business and explains how prospective franchise owners should view and handle it. Tim also shares insights on how to determine market share, leverage franchise mapping soft...

🎙️ Episode 222 - In this episode of Franchising 101, Tim Parmeter welcomes Brandy Reed from Fastest Labs to discuss the company's unique non-medical lab services, including drug, alcohol, and DNA testing. With over ten years in the franchising industry, Brandy shares her accidental entry into franchising and her current role. Fastest Labs offers pre-employment and ongoing testing services, focusin...

🎙️ Episode 221 - In this episode of Franchising 101, FranCoach Founder & CEO, Tim Parmeter, answers a question submitted by a client - how much of my time will this whole process take? Listen in as Tim breaks down the time commitment required of a prospective franchise owner during the discovery process all the way through the time until you are opening your business.  📺 Check out FranCoach's...

🎙️ Episode 220 - In this episode of Franchising 101, Tim Parmeter explores the various motivations for becoming a franchise owner and why it is important to know yours. He discusses aspects such as gaining freedom and flexibility, having control over decisions, achieving financial freedom, and building generational wealth. What is your why?  📺 Check out FranCoach's TV show, the Franchising 360 Sh...

🎙️ Episode 219 - In this episode of Franchising 101, Tim Parmeter welcomes Chad Ackerman, a former corporate HR professional who transitioned into entrepreneurship. They discuss Chad's journey from a W-2 career in HR and sales compensation to starting a real estate investment business and eventually selling it. Chad shares his experience with FranCoach, what franchise he chose and why, and advice...

🎙️ Episode 218 - In this episode of Franchising 101, Tim Parmeter welcomes Pat Hyland, Vice President of Franchise Development for Neighborly Brands and author of 'Stop Chasing Two Rabbits: Is Business Ownership Right for You?' Pat shares his extensive career journey, starting a business in Dallas, collaborating with Neighborly, and eventually becoming a multi-unit franchise owner. Pat discusses t...

🎙️ Episode 217 - In this episode of Franchising 101, Tim Parmeter is joined by Brian and Maggie Bohanon. Hear about the Bohanons’ journey from their corporate careers to becoming franchise owners and why they decided to work with FranCoach. The conversation also includes their decision-making process, what franchise they chose and why, the support they received from the franchisor and other franch...

🎙️ Episode 216 - In this episode of Franchising 101, Tim Parmeter introduces us to the team behind Musicologie, including founders Kay and Joseph Barker, and the Director of Franchise Development, Annie Pomponio. Listen in as they recount the history of Musicologie, starting from their childhood piano lessons to touring in a vegetable oil-powered van and eventually launching their own music studio...