Franchising your business! Do you know what that means?
Imagine being in a place, and seeing your business growing at different locations! Awesome, right! Yes, that’s what happens exactly in franchising.
Instead of owning and operating your business at different locations, you can offer your business model to another entrepreneur. They will operate your business in a different location under your brand name. Quite interesting, right?
You might have seen franchises of many big brands like KFC, Mcdonald’s, etc operating at different locations. Do you think that only those bigger brands can go for franchising?
Then, let me tell you, boss, you are wrong.
Every business can start its franchise. The amount of brand value, reach of brand identity, it can bring is insane. And just imagine, it can bring in an additional income stream into your business. You can sit in your space, and see your baby growing in different parts of the world.
Presenting you the Queen of Franchising, Nicole Elhadad, Nicolene is a multi-faceted self-made millionaire and has grown from the ground up. A mom of 3 and the owner of 7 different businesses, Nicolene strives to live her best life full of energy and passion doing everything she loves. She enjoys the little things in life and has built herself an empire by knowing what she wants and planning out carefully how she is going to get it. She started her first business with her husband from her garage and has since grown it to a multimillion-dollar business. Throughout the past 14 years, they have started several other businesses from within their first business and created new income streams to stream into their home. In late 2016 she decided to try something new and start a coffee shop. Within 2 months she opened 3 branches and by the end of their first year, she was running and managing 5 branches successfully. Nicolene wanted her brand to impact millions, so she created her own franchise model and expanded her business across the country. Today, she has grown this little empire to over 30 locations and aims to continue to grow even more over the next few months. Throughout the past 14 years she has created over 11 income streams into their home and has an extremely broad spectrum of business experience. Her business varies from accounting to imports and exports, local security product distribution, a coffee shop franchise, a burger restaurant franchise and her online business coaching and mentoring. She believes in creating wealth and has generated hundreds of thousands through their Airbnb, property rentals and starting other businesses with partners. Her current passion is to coach and mentor ambitious small business owners who are ready to step up into their CEO position and expand their own businesses across the country.
Nicole’s Instagram page
Website
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In today’s episode, Nicole is going to pour the secret strategies behind it exclusively for you.
Are you ready for this? We are going to bombard you with some intensive ideas. This is going to explode your creativity and ideation power.
Major takeaways:
- What is franchising and how can you start franchising your business.
- Nicole’s journey of franchising
- Things to keep in mind while franchising.
- Time management hacks for boss moms.
- Passive income stream ideas for entrepreneurs
I am sure that you are going to get some awesome new ideas after listening to the podcast. I can’t wait to see you take this forward for your business.
Listen to Podcast
Android users can listen on Spotify
Apple users can listen on Apple Podcasts