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Conversations With Coffey - Greg Mohr – Navigating Franchise Opportunities

Greg Mohr – Navigating Franchise Opportunities

04/27/24 • 32 min

Conversations With Coffey

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Greg Mohr aka the ‘Franchise Maven’, is a seasoned franchise consultant specializing in helping individuals and couples find and buy the right franchise through personalized consultations and expert guidance. With a career dedicated to the franchising industry, he offers deep insights and strategic advice to aspiring entrepreneurs.
In this episode, we have the pleasure of delving deep into the world of franchising with the expertise of Greg Mohr, a seasoned IFPG franchise consultant and bestselling author. Greg shares his valuable insights into the franchising process, his transition from the corporate grind to the autonomy of franchising, and how others can do the same.
Guy questions Greg on his approach with potential franchisees, which involves a detailed questionnaire, interactive discussions, and finding the ideal match between franchise opportunities and prospects. They discuss the merits of franchising including its supportive nature and potential for wealth-building, with ample room for freedom and autonomy even for those who are currently employed elsewhere.
Moreover, we’ll explore the significant support franchisors provide in areas like marketing and operations, and why franchising could be more attractive than going at it alone in the small business world.
Takeaways

  1. Commit time to explore franchising opportunities.
  2. Choose a franchise that matches your goals.
  3. Use consultants to navigate franchising.

Quote
“Franchising is not for everybody. So learning about that franchise system is what it's all about." -Greg Mohr
Timestamps
00:00 Introduction and Greg Mohr's background in franchising.
03:25 Understanding the time investment for potential franchisees.
07:00 The right fit between franchisors and franchisees.
12:15 The potential for wealth and freedom in franchising.
17:00 How to get involved in franchising without leaving your job.
22:40 The mutual selection process in franchising agreements.
27:35 Horizontal and territorial growth opportunities.
32:10 The long-term benefits of working with a franchise consultant.
Connect with Greg Mohr:
LinkedIn: www.linkedin.com/in/gregorykmohrWebsite: www.franchisemaven.com | www.ifpg.orgBook: www.amazon.com/dp/B09WC963Q8

Connect with Guy Coffey:
LinkedIn: www.linkedin.com/in/guycoffey
Website: www.guycoffey.com
Instagram: @guycoffeyYouTube: @guycoffey

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Send us a text

Greg Mohr aka the ‘Franchise Maven’, is a seasoned franchise consultant specializing in helping individuals and couples find and buy the right franchise through personalized consultations and expert guidance. With a career dedicated to the franchising industry, he offers deep insights and strategic advice to aspiring entrepreneurs.
In this episode, we have the pleasure of delving deep into the world of franchising with the expertise of Greg Mohr, a seasoned IFPG franchise consultant and bestselling author. Greg shares his valuable insights into the franchising process, his transition from the corporate grind to the autonomy of franchising, and how others can do the same.
Guy questions Greg on his approach with potential franchisees, which involves a detailed questionnaire, interactive discussions, and finding the ideal match between franchise opportunities and prospects. They discuss the merits of franchising including its supportive nature and potential for wealth-building, with ample room for freedom and autonomy even for those who are currently employed elsewhere.
Moreover, we’ll explore the significant support franchisors provide in areas like marketing and operations, and why franchising could be more attractive than going at it alone in the small business world.
Takeaways

  1. Commit time to explore franchising opportunities.
  2. Choose a franchise that matches your goals.
  3. Use consultants to navigate franchising.

Quote
“Franchising is not for everybody. So learning about that franchise system is what it's all about." -Greg Mohr
Timestamps
00:00 Introduction and Greg Mohr's background in franchising.
03:25 Understanding the time investment for potential franchisees.
07:00 The right fit between franchisors and franchisees.
12:15 The potential for wealth and freedom in franchising.
17:00 How to get involved in franchising without leaving your job.
22:40 The mutual selection process in franchising agreements.
27:35 Horizontal and territorial growth opportunities.
32:10 The long-term benefits of working with a franchise consultant.
Connect with Greg Mohr:
LinkedIn: www.linkedin.com/in/gregorykmohrWebsite: www.franchisemaven.com | www.ifpg.orgBook: www.amazon.com/dp/B09WC963Q8

Connect with Guy Coffey:
LinkedIn: www.linkedin.com/in/guycoffey
Website: www.guycoffey.com
Instagram: @guycoffeyYouTube: @guycoffey

Previous Episode

undefined - Doug Mark – Benefits of a Learning Management Platform

Doug Mark – Benefits of a Learning Management Platform

Send us a text

Doug Mark is the President and Brand Ambassador for LearningZen, known as Franchising's Best LMS, and hosts the Five Franchising Questions Podcast. He leads the development of LearningZen's low-cost, easy-to-use online training platform, which allows users to create or modify interactive courses complete with exams, reporting, certifications, and collaborative tools, effectively revolutionizing franchise training.
In today's episode, we delve into the power of technology in franchise training and development. We have the pleasure of bringing in an expert from Learning Zen—Doug Mark, who unravels the significant role of his learning management system during the COVID-19 pandemic and beyond.
Doug shares his rich background in computer systems management and his journey with Gold Systems Incorporated, before highlighting how video technology and AI tools like in video and LumaOne are revolutionizing the franchise world. The conversation leads to a robust discussion of how consistent training can impact service revenue and why Learning Zen's approach to franchising education is critical for scaling businesses.
Takeaways

  1. Use AI and video to enhance training.
  2. Effective training boosts franchise success.
  3. Collaborate for better product development.

Quote
“I think people really forget that at the end of the day, franchisees are small business owners." -Doug Mark
Timestamps
03:15 The rise of video in franchise training
10:30 Doug’s background and the FAA project
14:00 Post-COVID franchise growth and support
20:25 Advisory committee's role in Learning Zen
28:45 “Five Franchising Questions” Podcast and “Fast Five”
33:00 AI tools and features
39:10 Evolution into a franchising-focused platform
45:00 Importance of training
Connect with Doug Mark:
LinkedIn: www.linkedin.com/in/doug-mark-649866a
Website: www.learningzen.com

Connect with Guy Coffey:
LinkedIn: www.linkedin.com/in/guycoffey
Website: www.guycoffey.com
Instagram: @guycoffeyYouTube: @guycoffey

Next Episode

undefined - Shawn Lemon – Mastering Digital Organization

Shawn Lemon – Mastering Digital Organization

Send us a text

Shawn Lemon is the founder of The Digital Organizer, a consultancy dedicated to helping individuals and businesses achieve their goals and simplify their digital life. As founder, Shawn focuses on understanding clients' true desires and guides them towards desired outcomes, whether it's syncing emails and contacts or finding significant time savings for personal pursuits like learning new skills or planning dream vacations.
Today, Shawn Lemon shares invaluable insights into the critical importance of staying organized to tackle the challenges of small business ownership. He outlines four primary areas of focus: Email Management, File Organization, Password Management, and Project Management. He emphasizes proactive organization to reduce stress and anxiety.
Shawn advocates for the best practices in managing emails and files, from avoiding email as a filing system to establishing shared folder structures and consistent naming conventions. He also details practical browser settings and email processing strategies to boost efficiency, making seemingly small tweaks that can lead to significant improvements in productivity.
Join us as we dive into Shawn’s methods for maintaining structure, reducing chaos, and achieving business success with inner peace. Whether through his resource library or personalized one-on-one coaching, Shawn is dedicated to helping individuals and businesses succeed.
Takeaways

  1. Keep digital space tidy to reduce stress.
  2. Use shared folders and naming conventions.
  3. Organize tax documents in one folder.

Quote
“A good naming structure is so much more important than the tool." -Shawn Lemon
Timestamps
00:00 Streamline business operations to reduce stress.
05:30 Inefficient filing system causing email processing problems.
06:30 Name folders well, consistent structure, efficient saving.
09:59 Self-implement, team support, and monthly coaching available.
13:43 Consistent data structure is essential for organization.
19:31 Naming conventions vary, prefer date-based system.
22:53 Videos and guides for employee onboarding process.
24:24 Organized podcast notes in archive for easy access.
26:55 Consistent naming helps monitor and correct files.
31:28 Efficiency, organization, peace of mind in business.
34:53 Get help, free consultation, improve business mindset.
36:47 Grateful for the opportunity to share.
Connect with Shawn Lemon:
Website: www.thedigitalorganizer.com/lp/realtalk
LinkedIn: www.linkedin.com/in/shawnlemon

Connect with Guy Coffey:
LinkedIn: www.linkedin.com/in/guycoffey
Website: www.guycoffey.com
Instagram: @guycoffeyYouTube: @guycoffey

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