Today we’re going to talk about franchising. In simple terms, franchising is a business in which the owner licenses the operations, products, branding and knowledge in exchange for a franchise fee.

Many real estate investors are also drawn to franchising because of it’s entrepreneurial aspects and the ability to create passive income and financial freedom.

And my guest today, Lance Graulich, is considered the “King of Franchising”. Lance has over 25 years of experience with companies such as TGI Fridays, Wingstop, Krispy Kreme Doughnuts, and Pinkbox Doughnuts in Las Vegas.

Lance also hosts the popular podcast “Eye on Franchising”.

Find out more:

https://www.zorakle.net/assessment/welcome/ionfranchising

Instagram: @lance.graulich

All other platforms: Lance Graulich

Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits.

https://www.rcbassociatesllc.com

EP428 Why You Should Consider Buying a Franchise with Lance Graulich 36:11 Share

Rental Property Owner & Real Estate Investor Podcast

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EP428 Why You Should Consider Buying a Franchise with Lance Graulich