Lessons Learned After 3 Years Franchising A Service Business

Join Thomas Scott, CEO of Home Run Franchises and Brand Journalists as he holds a coaching session with Richard Gould, founder of Richard's Painting Franchise.
Richard's just celebrated a milestone of opening its 15th location after 3 years of franchising!
Richard is not a typical franchisor - like a lot of successful business owners, he dreamed of building a national brand. His two original Richard's Painting locations both exceeded $1m in sales and he had a proven approach to the premium painting segment AND he felt he could share his approach to a whole generation of new franchisees.
That didn't mean he was ready for the challenges and obstacles and STEEP learning curve being a successful franchisor comes with.
I often coach new franchisors like Richard on how to become better - after franchising 9 brands and helping grow over 400 franchise systems, I've learned a lot. Franchising is a unique industry - we believe in sharing best practices and helping each other and this call is a great example.
Richard shares his organizational, development, marketing and culture challenges and we talk through some solutions.
If you are considering franchising your business or have already started franchising, take some time to listen in - you'll learn some valuable insight into how to grow smartly, even if you are starting out without a lot of franchise experience or large capital resources - it is ALWAYS possible to grow!