Episode 37: Franchising, Between Corporate Employee and Business Owner with Anna Brambilla
Synopsis
Episode 37. The route of franchising is a path we don’t consider, certainly not as often as the thought around owning your own business. But when you begin to realize, there are many franchises out there (beyond just restaurants) that are available to us. Starting up requries some capital and paying an ongoing royalty, but also comes with lots of support and a proven model.
In this episode Greg interviews Anna Brambilla, a career transition coach who helps her clients find fulfillment through exploring the option of business ownership as a franchisee. Anna herself explains the struggles she had in the corporate world and never finding her place or feeling like she could achieve.
Franchising presents a lot of benefits that could enhance the professional lives of so many people who are eager to make a change. As Anna explains, when you start a franchise, you’re in business for yourself, but not by yourself.
Key Takeaways and Discussion
Anna’s previous experience and what she’s focusing on helping clients with now.
What “battered career syndrome” is and what it was like for her.
The aspects that are most appealing about franchising.
Common characteristics of Anna’s clients.
Qualities that make someone a good candidate for starting a franchise.
What to expect in terms of investment and income in this type of work.
How different exit strategies fit into starting a franchise.
Potential financial advantages to franchising.
How personality tests can help align you with right-fit opportunities.
What it takes to start a franchiseable business.
Anna’s Background
Started her career as a consultant in various roles including client relations and client services
Worked with a coach and discovered the great fit of becoming a coach, and purchased a franchise from Entrepreneur’s Source
Today Anna is a career coach and business owner