The Savvy Session

S2 Ep 20 - Considering Franchise Ownership? Get the Insights You Need with Kristine Givens

November 22, 2023 Paula Kircher & Kirsten Ramos Season 2 Episode 20
The Savvy Session
S2 Ep 20 - Considering Franchise Ownership? Get the Insights You Need with Kristine Givens
Show Notes

Are you considering taking a leap into franchise ownership?

Join us for this inspiring episode as we talk with Kristine Givens, an experienced franchisee & business strategist.  In our conversation, Kristine delves deep into the challenges, triumphs, and valuable insights gained from her experiences in the franchise industry.  Ultimately, success in franchise ownership requires thorough research, a trust in one's instincts, and a commitment to learning and growth.

By leveraging resources like Kristine's course and podcast, prospective and existing franchisees can gain the knowledge and confidence necessary to embark on their own franchise journeys.

Here are the key takeaways from our conversation:

1.  Uncover the realities of franchise ownership and the skills required for success.
2.  Learn the importance of thorough research and assessing potential franchises.
3.  Financial requirements and options for funding a franchise purchase
4.  The pros, cons, and unexpected realities of becoming a franchisee
5.  Tools to determine if franchise ownership is the right fit for you

Kristine boasts over three decades of experience in the financial world, initially
launching her career at Ernst & Whinney, where her clients included both
individuals and businesses in variety of industries, setting a strong foundation for
her future endeavors.

Driven by an entrepreneurial spirit, Kristine founded a boutique accounting firm
catering to single-family offices, ultra-affluent families, and privately held
businesses. Her commitment to excellence and client satisfaction led to the firm's
acquisition by a global financial institution in 2009, marking a significant
milestone in her career trajectory.

Recognizing the potential of franchise ownership, Kristine made a pivotal move in
2015 by investing in a national franchise. This career path transformed her into
an entrepreneur and franchisee, exposing her to the multifaceted landscape of
business ownership.

Kristine's dedication to sharing her wealth of knowledge was a catalyst to her
launching a podcast titled "Demystifying Franchise Ownership," where she covers
topics relating to the franchise industry. Kristine is also creating a digital course
titled "Evaluating Franchise Ownership: the Good, the Bad, and the Unexpected”
which will be available in 2024.

You can connect with Kristine here:
Website: https://www.kristinegivens.com/
LinkedIn: https://www.linkedin.com/in/kristinemartzgivens