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The Franchise Leaders Forum Podcast
Welcome to "The Franchise Leaders Forum," the ultimate podcast for entrepreneurs navigating the intricate world of franchising, brought to you by industry veterans Tracy Panase and Shannon Wilburn. This podcast is your go-to resource for franchise leadership insights, practical strategies to build and scale your franchise, and firsthand experiences from those who live and breathe franchising every day.
Leading the conversation is Tracy Panase, the dynamic force behind the Just Between Friends Franchise System. Tracy, who previously excelled as a top franchisee, took over the leadership reins in December 2022. Under her guidance, the brand is reaching new heights, emphasizing a strong culture, supporting franchisees, and ensuring families across the country can say “YES” to everything their kiddos need and want. Her fresh perspective and unwavering commitment to excellence make her a formidable voice in the franchising community.
By her side is Shannon Wilburn, the visionary co-founder of Just Between Friends. Starting from a simple idea in her living room in 1997, Shannon grew the company into a thriving network of over 150 locations. Her decision to pass the leadership to Tracy has infused the company with new energy and direction, and together, they bring a wealth of knowledge and passion to the podcast.
In "The Franchise Leaders Forum," Tracy and Shannon dive deep into the good, the bad, and sometimes the ugly aspects of franchising. Each episode features candid discussions, expert interviews, and real-life stories from successful franchise leaders who have faced and overcome challenges. Listeners will gain valuable insights into effective leadership, growth strategies, and the nuances of franchise operations.
Whether you're a franchisor, franchisee, or aspiring to enter the franchising world, this podcast addresses the pain points and challenges you face. From understanding franchise dynamics to learning how to support and grow your franchisees, Tracy and Shannon provide actionable advice and inspiration.
Tune in to learn from the experiences of others, gain new perspectives, and equip yourself with the tools to navigate your franchising journey with confidence.
Join us on "The Franchise Leaders Forum" and become part of a community dedicated to leadership, growth, and success in franchising.
This podcast will provide answers to questions and topics like:
- Tips for Franchisees, Franchisors and vendor partners
- How to scale a franchise business
- Why is leadership important in franchising?
- How do I grow my franchise business?
- What are the trends in franchising?
- What is the challenge of franchising?
- How do I get involved in a franchise business?
- Franchise success stories
- Franchise marketing strategies
The Franchise Leaders Forum Podcast
How to Choose the Right Franchise with FranNet CEO Jania Bailey
When it comes to owning a franchise the most important thing you can do to set yourself up for success is to do your due diligence.
And the most effective way to do your due diligence is with FranNet's 7-step process that sets you, the potential franchisee, up for long-term success.
Today, we are joined by Jania Bailey who joined FranNet in 2006 and in 2015 assumed the role of CEO of FranNet. Under her leadership, she has led the company through unprecedented growth and has established FranNet as the most respected voice in the franchise consultant industry in North America and is a certified franchise expert.
Jania is diving into the 7-step process that she uses to set you up for success as well as clearing up the most common misstep she sees with potential franchisees and diving deep into factors like risk tolerance, financial performance, and the emotional impact of running a franchise.
So, whether you are a potential franchisee or an emerging franchisor this episode is packed with actionable steps for long-term success.
Connect with Jania:
Phone # 502-719-8349
Email: jbailey@frannet.com
LinkedIn: linkedin.com/in/janiabailey
Episode Highlights:
- The 7-step process of FranNet
- Common shortcuts taken by prospective franchisees
- Characteristics of a good franchisee-franchisor match
- Knowing your risk tolerance when as a franchisee
- Financial considerations when buying a franchise
- Insights on the Franchise Disclosure document (FDD)
- Responsible franchising practices
- Importance of franchises understanding key performance indicators (KPIs)
- Understanding the emotional investment of a franchise
Connect with Tracy
Personal LinkedIn: https://www.linkedin.com/in/tracy-panase/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale
JBF Franchise System - https://jbfsalefranchise.com/
Email: podcast@jbfsale.com
Connect with Shannon
Personal LinkedIn - https://www.linkedin.com/in/shannonwilburn/
JBF LinkedIn - https://www.linkedin.com/company/jbfsale