36: Semi-Absentee Franchising: What You Need to Know with Franchise Secrets’ Host Erik Van Horn

<p><span lang="EN-US" xml:lang="EN-US" data-contrast="auto">In Franchise Secrets, Episode 36, Erik Van Horn dives into expressing and teaching the secrets that come with buying and growing a franchise. Erik has owned multiple franchises for over 20 years. Erik shares not only some of his personal stories, experiences and hardships with the Franchise owning process, he also shares necessary tips on how one can become a successful franchise owner. A widespread attraction many people seek when becoming a franchise owner, is the ability to be semi absentee</span><span lang="EN-US" xml:lang="EN-US" data-contrast="auto"> owner</span><span lang= "EN-US" xml:lang="EN-US" data-contrast="auto">. This is a common attraction for future franchise owners, because many people want to own a company, but still have freedom and flexibility for their personal life. In this episode, Erik conveys proper steps</span><span lang="EN-US" xml:lang="EN-US" data-contrast= "auto"> to take</span><span lang="EN-US" xml:lang="EN-US" data-contrast="auto"> </span><span lang="EN-US" xml:lang= "EN-US" data-contrast="auto">in order to</span><span lang="EN-US" xml:lang="EN-US" data-contrast="auto"> achieve a successful franchise, while also obtaining the semi absentee role as a franchise owner.</span> </p> <p> </p> <p>Outline of This Episode</p> <div> <p>(01:27) Semi Absentee Ownership </p> </div> <div> <p>(07:26) The difference of a first, second and third franchise </p> </div> <div> <p>(15:39) Planning Properly For a Franchise </p> </div> <div> <p>(16:40) Responsibility of the Franchise is on You </p> </div> <div> <p>(17:54) What type of person you must be to be Successful </p> </div> <div> <p>(21:58) Picking and Paying the Right Employees </p> </div> <div> <p>(26:16) Hands off or on ownership </p> </div> <div> <p>(29:48) The Danger of Consultants </p> </div> <div> <p>(33:48) Ask yourself if you are able to be a Franchise Owner </p> </div> <p> </p> <div> <p><strong>OWNING A FRANCHISE </strong></p> </div> <div> <p>Erik Van Horn shares his excellent