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Episode 48 — Franchising, Scarce Assets and the Tax Catalyst
It’s time to catch-up with some listener submitted questions. Serial entrepreneur Patrick can’t find a way to dodge the first question about franchising. Six years ago, Patrick and Bobby franchised their business. With properly placed intentions, what advice can Patrick give looking back at the experience? Patrick goes into detail about what he would do differently if he had to make the decision again. While Paul recalls Patrick learning the hard way, Paul gives an alternate entry for staking start-ups.
On the flip side, Paul gives advice to those considering the franchise-life. A business in…
The skinny
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