From Corporate Healthcare to Franchise Business Owner | Hole In The Wall Business Podcast Ep 118

In this episode of The Hole in the Wall Business Podcast, hosts James Groves and Bill Dement welcome back Liz Leonard, a franchise advisor and author of 'Your Franchise Fast Pass".

Liz shares her journey from corporate healthcare to franchise business ownership, offering valuable insights into the world of franchising.

The discussion covers the challenges of starting a business, the benefits of franchising, and key considerations for prospective franchisees.

With anecdotes from her own experiences and practical advice for those interested in owning a franchise, Liz's expertise provides a comprehensive guide for aspiring business owners.

00:00 Introduction to the Episode
00:19 Meet Liz Leonard
01:53 Liz's Journey in Business
02:53 Starting a Childcare Business
04:54 Challenges and Lessons Learned
07:24 Transition to Franchising
13:11 Writing the Book
14:17 Empowering Future Franchise Owners
17:10 Franchise Consultant Insights
19:17 The Value of Referrals and Leads
20:24 Educational Role and Candidate Preparation
21:12 Debunking Franchising Myths
22:14 Exploring Franchise Opportunities
23:27 Key Characteristics of Successful Franchises
30:23 The Importance of Exit Strategies
31:50 Common Pitfalls in Franchising
34:44 Final Thoughts and Resources