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Butch Mogavero Serves Up Risks of Franchising | A Smash Hit or a Double Fault?
Manage episode 361823392 series 3425635
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Franchising offers entrepreneurs the opportunity to leverage an established brand, receive training and support, and benefit from economies of scale. However, franchisees also face limitations on their creative freedom, ongoing royalty fees, and potential conflicts with the franchisor. Franchising can be a viable option for those looking to start a business, but it requires careful consideration of the specific franchise opportunity and a thorough understanding of the franchise agreement.
In this episode, we dive into the world of franchising with insights from Butch Mogavero, who discusses his company, Boulder Designs, and his approach to the franchising business model. From attending home and garden shows to showcasing unique concrete monuments, Butch shares their strategies for generating business and supporting franchisees.
Whether you're considering starting a franchise or simply curious about how franchising works, this episode offers practical advice and real-world experiences from a successful franchisor that can help you navigate the world of franchising with confidence. Tune in to gain valuable insights and learn from the speaker's expertise in the franchising industry.
TIMESTAMPS:
[02:47] Butch introduces his brands
[10:16] how to get money problems out of the way
[17:52] all about getting support systems
[21:38] the best personality types to enter franchising
[30:40] easing confidence into prospects
GUEST BIO:
Butch Mogavero is the CEO of Border Magic and Boulder Designs Franchises. He’s had a lot of experience in sales and recruiting for a top service franchise company. He dreams to grow his franchises into a nationally recognized chain and work closely with franchisees to find new ways to support and improve their businesses, as they are the foundation of our company.
LINKS:
WEBSITE: http://franchisehotseats.com/
LinkedIn: https://www.linkedin.com/in/drjohnhayes/
Twitter: https://twitter.com/drjohnhayes
YouTube: https://www.youtube.com/c/Howtobuyafranchise
Instagram: https://www.instagram.com/hayesjph/
TikTok: https://www.tiktok.com/@johnphayesfranchise
Pinterest: https://www.pinterest.com/DrJohnHayes/
Facebook: https://www.facebook.com/franchisehotseatpodcast
Check out Boulder Designs & Border Magic here:
Boulder Designs: https://www.boulderdesigns.net/
Border Magic: https://www.bordermagic.com/
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