Finding Your Perfect Match: Tips for Choosing the Right Franchise (w/ Red Boswell)

On the latest episode of the Franchise Hot Seat podcast, Red Boswell joins Dr. John Hayes to discuss franchising and the importance of finding the right fit. Franchising allows you to launch your own business using an existing brand and business model. However, it's crucial to do your homework and determine which franchise is suitable for you, as not all franchises are made equal.

Red Boswell, the president of International Franchise Professionals Group, helps people navigate the world of franchising by matching them with the best franchise for their skills and goals. During the podcast, he shares his tips on how to know if a franchise is right for you, including assessing your strengths and weaknesses, evaluating the franchise's support system, and examining the financials. Whether you're a seasoned entrepreneur or new to the world of franchising, this episode is a must-listen for anyone considering buying a franchise.

TIMESTAMPS:

[1:58.8] Not all consultants are created equal

[6:09.4] Doing your own research will do you a lot of good

[9:48.6] Understanding psychology to be the perfect franchise match-maker

[17:19.9] Consultants guide you, they don't make the decision for you

[20:35.9] Let's talk about money: How much are you willing to invest in a franchise?

[28:44.1] Franchise Consultants are, after all, human beings

GUEST BIO:

A seasoned entrepreneur, franchisor, CEO, Certified Franchise Executive, speaker, consultant, and passionate business builder focused on wisely scaling organizations, Red is helping take IFPG to a new level. Red is well-known throughout franchising for his innate charisma and creative mindset.

A lifelong Texan, Red is active in his church, reads a book a week, and is an avid off-road skateboarding enthusiast and a water sports junkie. He and his wife of 19 years, Shell, live in Carrollton, TX, and invest their time building a legacy through their three children.

LINKS:

WEBSITE: http://franchisehotseats.com/

LinkedIn: https://www.linkedin.com/in/drjohnhayes/

Twitter: https://twitter.com/drjohnhayes

YouTube: https://www.youtube.com/c/Howtobuyafranchise

Instagram: https://www.instagram.com/hayesjph/

TikTok: https://www.tiktok.com/@johnphayesfranchise

Pinterest: https://www.pinterest.com/DrJohnHayes/

Facebook: https://www.facebook.com/franchisehotseatpodcast

RED BOSWELL:

LinkedIn: https://www.linkedin.com/in/redboswell/

Twitter: https://twitter.com/RedBoswell

IFPG: https://www.ifpg.org/

Facebook: https://www.facebook.com/redboswell/
Instagram: https://www.instagram.com/redboswell/