Most Profitable Franchise Concepts You Must Buy and Own [Part 4 of 13]

Most Profitable Franchise Concepts You Must Buy and Own

In this video, Beau and Amanda Vargas talk about the vast number of franchise concepts available and how many are found in everyday life, particularly in the fast food industry.

Both Amanda and Beau encourage people to consider non-traditional franchise concepts, such as internet marketing and home-based or service-based franchises.

They also share a success story of a young finance worker who became a franchise owner of a service-based insulation franchise and purchased three territories, which allowed him to triple his income.

Amanda & Beau have collaborated on a training program for entrepreneurs who want to learn more about owning a franchise called Fran University (https://franuniversity.com). Go there to register for free training.

Timestamps
[00:07] There are thousands of different franchise concepts out there
[00:25] Everywhere you look is a franchise
[01:49] Amanda shares a story of a concept that did not work out well
[03:01] Ask yourself if you are financially prepared
[03:30] The service-based is going to be much more profitable and cheaper to get in
[03:54] Health and wellness is an industry that’s blowing up
[04:45] Make sure that you have enough savings to ramp up
[05:25] Amanda shares a lot of success stories of people who started with her in franchising
[06:33] Service based model is an insulation type of franchise
[07:38] Most business doesn’t have a call center
[07:51] You don’t really need to chase clients
[08:02] Go to franuniversity.com to learn and succeed as a franchise owner

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

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#franchisebusiness #franchise

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

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