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Wes Barefoot is a passionate entrepreneur with extensive experience in franchising. Wes brings years of experience as both a franchisee, as well as working with Franchisors, where he’s worked across a variety of operational, management and franchise development roles.
With today’s talk, you are going to learn everything that is needed for creating a successful franchise business. You will hear about how Wes found success in the franchising space and went on to help others with their own franchise ventures!
Wes uncovers the world of franchising and walks through his journey – how he found ways to diversify his income. He enjoys consulting and helping entrepreneurs understand franchising models, pros and cons, as well as strategies to become successful.
The world of franchising is vast, with many different options to choose from. Wes breaks down the best way for you to find your perfect franchise and guides where it makes sense to start out in this industry.
If you are interested in creating a turn-key side hustle to generate more income to invest or you want to quit your corporate job and go all in, check out this episode!
In This Episode
- What is a franchise model and how would you operate it?
- How can franchise ownership contribute to a comprehensive passive strategy.
- The structure of owning a franchise.
- Identifying exit plans and strategies.
- What it takes from a capital perspective to own a franchise.
- Wes’ Wealthy Strategy practice that yielded him the best results.