Franchising 101

🎙️ Episode 215 - In this episode of Franchising 101, host Tim Parmeter talks with guest Darrell Bruce, a former FranCoach client and current franchise owner. Tim and Darrell discuss Darrell’s journey to franchise ownership, covering topics like why Darrell chose to pursue this path, what challenges and considerations he faced along the way, and of course, the brand that he ended up choosing! Tune...

🎙️ Episode 214 - In this episode of Franchising 101, host Tim Parmeter dives into the “money stuff” behind finding the perfect franchise to own. Learn more about navigating the FDD, or Franchise Disclosure Document. Tim covers creating a “pro-forma” and other key considerations in determining the right franchise for your unique needs and your ideal owner role as you think about Item 7 and Item 19...

🎙️ Episode 213 - In this episode of Franchising 101, host Tim Parmeter is joined by Meg Roberts and Zach Munroe of Head to Toe Brands, a parent company that includes Frenchies Modern Nail Care, Bishops Cut and Color, and The Lash Lounge. Meg, Zach, and Tim dive into a discussion of the joy of owning your own business, the benefits of savvy franchise real estate investing, and the ways that the bea...

🎙️ Episode 212 - In this episode of Franchising 101, Tim Parmeter and Danielle Wright discuss their recent experience at the International Franchise Association (IFA) Legal Advocacy Summit in Washington D.C. Listen as they explore the substantial impact of the franchise industry on employment and revenue in the U.S. and the importance of franchisees' involvement in advocacy and local governmen...

In this episode of Franchising 101, Tim Parmeter, founder and CEO of FranCoach, shares crucial insights on identifying the best franchise for you and the three pivotal factors to consider during the extensive discovery process. He debunks the misconception that money is the foremost concern, reminding us that financial success follows a good fit. Tim also talks about FranCoach's comprehensive...

In this episode of Franchising 101,Tim Parmeter welcomes Jessi Brelsford, founder of Taste Buds Kitchen. Jessi shares her remarkable journey from a finance career on Wall Street to creating a unique franchise focused on cooking classes for all ages. She talks about the transition from her original side project, Cupcake Kids, to the full-fledged Taste Buds Kitchen, which now has 17 locations across...

In this episode of Franchising 101, Tim Parmeter interviews Brent Greenwood, Vice President of Franchise Development for Martinizing Cleaners. Brent shares his journey into the franchising industry, the innovative features of Martinizing Cleaners, and the various business models available for potential franchisees. The discussion covers the evolution of the brand, the importance of excellent custo...

This week on Franchising 101, Tim Parmeter welcomes a very special guest with an exciting announcement. Grab your popcorn and listen in on their hilarious conversation and learn about the launch of a new television show, Franchising 360, on Biz TV. The show will air every Friday at 8 PM Eastern (5 PM Pacific) and will provide a comprehensive look into the world of franchising. Check out FranCoach&...

In this episode of Franchising 101, Tim Parmeter explores one of the key moments in the franchise selection process: the 'third call' with clients. Tim explains how FranCoach evaluates and presents three to four franchise options based on detailed discussions and profiles. He emphasizes the importance of keeping an open mind, even if initial choices seem unfavorable. Tim also shares advice...

In this episode of Franchising 101, Bobby Strumlauf, Director of Franchise Development for Mr. Appliance, shares his journey from a history teacher to a franchise development director. He discusses the unique aspects of Mr. Appliance, including its business model, advantages, and the robust support provided by its parent company, Neighborly. Bobby also highlights the ease of starting a franchise,...

In this episode of Franchising 101, Tim Parmeter sits down with Ryan Parsons, CEO of Evive Brands, to discuss his journey from co-founding a gutter business with his brother to leading a successful franchise platform. Ryan shares insights on the challenges and triumphs of franchising, the importance of leadership and passion in running a business, and how private equity partnerships can accelerate...

Create wealth, achieve your goals, and build a legacy in the franchising world. In this episode of the Franchising 101 Podcast, Tim Parmeter, founder and CEO of FranCoach, explores the intricacies of scaling a franchise. He discusses the differences between retail and non-retail franchises, key traits needed for a successful owner, and the importance of planning timelines and financial strategies....

In this episode of Franchising 101, Tim Parmeter welcomes Will Bartholomew, the founder and CEO of D1 Training, a fitness franchise dedicated to inspiring and motivating athletes to train like Division 1 athletes. Will shares his personal journey, overcoming an ACL injury in 8th grade to earning a full scholarship to the University of Tennessee where Peyton Manning was his quarterback. His passion...

In this episode of Franchising 101, Tim Parmeter speaks with Maya Ratcliff, the founder of Hawaii Fluid Art. Maya shares her inspiring journey from being a banker at Wells Fargo to building a thriving art franchise. After being laid off, Maya moved to Hawaii and began exploring various art forms, eventually discovering fluid art by accident. Her unique approach quickly gained popularity, leading h...

In this episode of Franchising 101, Tim Parmeter, Founder and CEO of FranCoach, discusses the preparation needed for the final step in the franchise discovery process—Meet the Team Day, also sometimes known as Discovery Day. Listen in as he describes the steps leading up to this pivotal moment, including the importance of funding strategies, validation calls, understanding franchise territory, and...

In this 200th episode of FranCoach’s Franchising 101 Podcast, Tim Parmeter, founder and CEO of FranCoach, dives into essential yet often overlooked insights for potential franchise owners. Listen in as Tim debunks common myths about franchising and highlights critical factors such as the owner's role, franchise support, and interpersonal connections within the franchise system. WANT TO KNOW MO...

In this episode of the Franchising 101 podcast, returning guest Amanda Dempsey, Shareholder and Co-chair of Franchising, Licensing, and Distribution at Saxton & Stump, discusses the intricacies of franchise agreements. Listen in as Amanda speaks about the importance of understanding franchise agreements, the significance of indemnification clauses, spousal guarantees, and the implications of t...

In this episode of Franchising 101, Tim Parmeter interviews franchising legend Paul Pickett, the Chief Development Officer and Executive Vice President of Franchising for Wild Birds Unlimited. Paul shares his journey from being a bird lover and ornithology graduate to becoming a pivotal figure in the franchising industry. He discusses the origins of Wild Birds Unlimited, its growth, and the unique...

In this episode of Franchising 101, Stefan Figley, President of 1-800-Packouts, shares insights about his journey from marketing to becoming a key player in the disaster restoration industry. He discusses the unique franchise model of 1-800-Packouts, a company specializing in packing, cleaning, and restoring personal and business contents post-disaster. Stefan highlights the essential traits of su...

In this episode of the Franchising 101 podcast, Tim Parmeter, founder and CEO of FranCoach, takes a deep dive into the concept of semi-absentee franchise ownership. Tim discusses the basic definition of a semi-absentee owner and highlights key considerations for individuals interested in this model, such as leadership traits, time commitment, and accessibility. He also explains the challenges of f...

In this episode of Franchising 101, Tim Parmeter interviews Casey Ridley, the Founder and President of The Designery, a unique franchise that specializes in providing complete solutions for kitchen, bath, and closet renovations. Casey shares his inspiring journey from aspiring medical professional to successful entrepreneur, discussing the challenges and triumphs along the way. He details The Desi...

This episode of Franchising 101 is a conversation with John Dobelbower about Pirtek, a hydraulic and industrial hose replacement and maintenance business. Listen in as John, the Vice President of Franchise Development at Pirtek, offers a glimpse into a niche industry and the company's background, market size, and growth opportunities. The discussion also covers Pirtek’s unique value propositio...

In this episode of Franchising 101, Tim Parmeter explains in depth one of the crucial aspects of the franchising process known as validation calls. Listen in to learn about the importance of these calls as opportunities for potential franchise owners to speak with existing franchisees to gather insights and validate their decisions. Tim also outlines four essential areas of focus during validation...

In this episode of Franchising 101, Tim Parmeter welcomes Mike Stone, the President and CEO of CertaPro Painters, to explore the dynamic world of franchising and the painting industry. Mike shares his personal journey from an alumni of the University of Iowa to leading CertaPro Painters, highlighting the company's business model, growth opportunities, and the support provided to franchise owne...

Hear directly from FranCoach clients in our “In Their Words” segment. In this episode, new franchise owner, Ben Floyd, shares what led him to consider franchise ownership, how he navigated the discovery and selection process with FranCoach, his advice for others considering franchising, and what franchise he ultimately chose and why.  WANT TO KNOW MORE? Go ahead: Schedule a call with one of our fr...