Most people have strong opinions about franchising—but how many of those opinions are actually true?

In this episode of Franchise Unfiltered, Wes Barefoot reacts to a podcast criticizing franchising and breaks down where they make valid points... and where they completely miss the mark.

We cover:

-The truth about franchise failure rates

-Independent business vs. franchise ownership

-Whether franchise fees are actually worth it

-Why due diligence matters more than the brand name

-The biggest mistakes franchise buyers make

-How successful franchise owners really build wealth

If you're considering buying a franchise, this episode could save you from making an expensive mistake.

Timestamps:

00:00 Introduction

01:20 Why people misunderstand franchising

03:00 Franchise failure rates explained

08:00 Are franchise fees worth it?

12:00 What you're actually paying for

17:00 Royalties, profits & common misconceptions

21:00 Should new businesses franchise?

26:00 The truth about failing franchise locations

29:40 How to evaluate a franchise

33:20 Why franchisee validation matters

35:40 Final thoughts

7 Steps to Owning a Franchise:

https://path2frdm-1.hubspotpagebuilder.com/path-to-freedom-about-franchising

🔗 Want help finding the right franchise? Book a free strategy call with Wes: https://calendly.com/wes-barefoot/introcallwithwes

Connect with Wes:

Instagram: https://www.instagram.com/path2frdm/

Facebook: https://www.facebook.com/path2frdm

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

#Franchising #FranchiseBusiness #BusinessOwnership #Entrepreneur