Franchise Empires

Early on in his banking career, David Schuck realized he really needed to be his own boss. He picked up a low cost franchise and hasn’t looked back.

If you’re unwilling to give up the day job straight away, owning a seasonal franchise like Liberty Tax that’s really only on during tax season, is the way to start.

The Wolf and David get into how he picked up his first low cost unit, how he eventually went all in on franchise ownership, and how he scaled by acquiring other franchisee’s businesses.

You’ll hear how he still owns 12 Liberty Tax franchises to this day, using them as a stepping stone to open 27 Club Pilates centers, and why he partnered with a private equity firm to fuel his growth.

David also shares his long-term vision of building an empire worth $100,000,000.

Follow David:

LinkedIn: linkedin.com/in/david-schuck-spartanfitnessholdings

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Wanting to become a franchisee is one thing, knowing which business model to invest in, quite another. Meet Brian Knuth, VP of Franchise Development at Raintree.

Brian educates potential franchise partners, identifying which franchise partnerships might work out best. But Brian is also a franchise owner of Footprint Floors, which he runs as a semi-absentee owner.

The Wolf and Brian get into conversation about representing emerging franchise brands, how Covid rocked his business and some of the struggles you face juggling your day job with your franchise business.

You’ll also hear why Brian knew he had to dive into Footprint Floors, and why he feels privileged to help people break away from the corporate grind and pursue a career they’re truly passionate about.

Twitter: linkedin.com/in/brian-knuth-06101654

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Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

Unlocking franchise ownership is the defining mission of Kenny Rose and FranShares. Find out how he’s helping potential franchise owners get in on the ground floor.

After discovering Fundrise, a fractional share trading platform for commercial real estate, Kenny knew he’d found a gap in the market for franchise ownership.

FranShares was born and in those early days, Kenny spent his time diligently building an audience he’d later market the FranShares offer to.

The Wolf and Kenny talk all things franchise and founders. From building a company from the ground up with $1.4million in investments to what it’s like having more than 23,000 on the waiting list ready to invest.

You’ll hear how FranShares is dramatically lowering the barrier to franchise ownership. Why owning a piece of a local business is a powerful virtuous circle and how, at scale, FranShares will enable franchises to be traded like stocks.

When you’re looking to get in on franchise ownership, you need a team on your side to smooth the path. FranShares makes it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

Follow Kenny:

LinkedIn: linkedin.com/in/kennyrose

Twitter: InvestLocally

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Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

How do you create a wildly successful multi-unit franchise? You create synergy. Joe Johnson knows a thing or two about that with his car repair and parts businesses.Check out Joe’s playbook.

You learn a whole lot during 23-years in the military, and after retiring from the US Army in 2005, Joe has applied that knowledge to building his auto franchise empire. But what makes this portfolio unique is how his businesses interact.

The Wolf and Joe discuss how owning a Maaco auto-collision repair and paint shop, a Meineke auto-maintenance and repair shop AND a 1-800 Radiator franchise have created incredible synergy. Not only can he service just about any car problem, he can also supply parts to both businesses. Cross selling at its finest.

Joe shares why horizontal integration allows you greater control over your destiny, why owning the dirt gives you more value and options, and the importance of doing a deep dive on potential franchise opportunities.

When you’re looking to launch your own franchise empire and, like Joe, want to make sure the research is done right, you need a great team. FranShares is the team you need, making it easy to build, manage and grow your portfolio from as little as $500. Find out more: franshares.com

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Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf

When you’re not ready to join the family business, franchises are a solid alternative. Usman Chaudrhy is now the owner of 6 locations and scaling fast.

Usman has made the transition from corporate worker to multi-unit owner, but not before he learnt all the lessons that have made him a success.

Now with 6 Dunkin’ Donuts stores under his belt and 3 more under construction, he has his eyes set on growth,

The Wolf and Usman discuss what it’s like growing up the son of entrepreneurs, why doing in-depth research is the foundation to building a successful business and how to assess lenders based on specificity, rather than emotional response.

You’ll hear why Usman is fine with paying royalties, how to tackle banks who may not want to lend to you and the advantages of opening a franchise near a college campus.

Deep thinking and research are Usman’s superpowers and this dedication to detail is something he shares with show sponsor FranShares, who are making it easier to build, manage and grow your franchise empire from as little as $500. Find out more at: franshares.com

Follow Usman on:

Twitter: twitter.com/UsmanJazab

Check out The Wolf’s newsletter: https://workweek.com/brand/the-wolf-of-franchises/

Stay up-to-date on all things Franchise Empires by following The Wolf on Twitter: https://twitter.com/franchisewolf