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Starting a Cafe from Scratch vs. Investing in a Franchise System. Which is Better?
Starting a Cafe from Scratch vs. Investing in a Franchise System
Thinking about starting a cafe from scratch or investing in a franchise system? In this episode, Beau discussed a recent consultation with two aspiring entrepreneurs who are considering these very options. From initial planning and financial projections to exploring the benefits of owning a franchise, he shares insights and strategies to help you make the right decision for your business journey. Whether you're a first-time business owner or looking to expand your portfolio, this video offers valuable advice and guidance. Don't forget to like, subscribe, and visit our website for more resources!
Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
Timestamps:
(00:36) Initial Business Plan and Financial Projections
(01:11) Background of the Entrepreneurs
(01:43) Considering Franchise vs. Starting from Scratch
(02:22) Franchise Exploration and Strategy
(02:51) Importance of Commitment to the Process
(03:29) Deciding Against Business Ownership
💥 Thanks for watching 💥
#Entrepreneurship #BusinessOwnership #CafeStartup #FranchiseBusiness #BusinessPlanning #StartupAdvice #FranchiseOpportunity #SmallBusiness #BusinessConsulting #startupjourney
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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