DESCRIPTION:

John Hayes interviews Alex Smereczniak, the co-founder and CEO of Franzy, in the

Franchise Hot Seat Podcast. Alex presents Franzy as a comprehensive platform for

potential franchisees, likening it to 'Zillow for franchising.' The platform aggregates

vital data such as financials, consumer sentiments, and franchisee feedback. The

interview explores Alex's professional journey, from transforming a laundry service

into a franchise model to establishing Franzy. The conversation also discusses the

transition from being a franchisor to a franchise supplier, the integral role of AI in

Franzy, and the critical importance of comprehensive franchisee profiling for

successful matches. The podcast also covers various industry insights, including the

need for a systematic approach, the potential influence of AI on the job market, and

the future of franchising in light of emerging technologies. The episode underscores

the importance of informed decision-making in franchising and the innovative ways

Franzy is striving to transform this process.

- With Alex Smereczniak.

TIMESTAMPS:

00:00 Intro

00:16 What is Franzi?

01:02 How did you get into franchising?

03:00 What problem does Franzi solve?

06:26 What makes Franzi's approach unique?

12:04 How does Franzi use AI and data?

16:00 How does Franzi monetize ethically?

22:52 Identifying good vs. bad franchise opportunities?

31:34 What is AI's role in franchising?

37:03 How to future-proof a franchise investment?

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

DESCRIPTION:

John Hayes, a franchising professor at Palm Beach Atlantic University and host of the

Franchise Hot Seat Podcast, converses with Bob McCracken, an Air Force and Air

National Guard veteran and Hot Head Burritos franchisee. They delve into why

veterans make exceptional franchisees, highlighting the discipline, meticulousness,

and plan-following abilities honed during military service. They also discuss the

Veterans Transition Franchise Initiative (VetFran), a program providing financial

benefits to veterans venturing into franchising, founded by Don Dwyer of the Dwyer

Group. Bob recounts his personal franchising experience, from managing multiple

franchises before the COVID-19 pandemic to effectively running a single unit. The

conversation underscores the advantages of the VetFran program, encouraging

more franchisors and veterans to join and leverage these opportunities

- With Bob McCracken

TIMESTAMPS:

00:00 Intro

00:32 Who is veteran franchisee Bob McCracken?

01:03 Why are veterans great franchise owners?

02:49 What is the VetFran story?

08:35 Bob's Hot Head Burritos journey?

10:57 Best way to encourage veteran franchising?

16:10 Final advice for veteran entrepreneurs?

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

DESCRIPTION:

John Hayes, host of the Franchise Hot Seat, engages in a comprehensive discussion

with Schuyler "Rocky" Reidel, founder of the Reidel Law Firm, on various pressing

and contentious topics in the franchising industry. They emphasize the crucial role of

specialized legal advice in franchising, particularly during a government shutdown

that affects SBA loans. Rocky underscores the importance for franchisees to

comprehend their responsibilities and limitations within franchise agreements, and

the significance of thoroughly understanding the Franchise Disclosure Document

(FDD). The conversation also explores the issues arising from private equity

ownership in franchising and its potential effects on franchisees. A significant part of

the discussion is dedicated to Subway's market difficulties and the problems caused

by remodeling requirements. The dialogue concludes with a reflection on the

difficulties faced by McDonald's franchisees, the repercussions of unfavorable

franchising conditions in states like California, and the imperative of due diligence

for potential franchisees. - With Schuyler "Rocky" Reidel.

TIMESTAMPS:

00:00 Intro

00:37 Why is legal guidance crucial in franchising?

01:19 What is a franchise agreement?

02:26 How do SBA loans impact franchising?

06:08 Biggest franchising challenges and misconceptions?

19:23 What is the FDD's role?

28:26 How does FTC regulate franchising?

33:40 How is private equity changing franchising?

44:18 Why is Subway struggling?

52:52 Biggest challenges in food franchising?

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