Scott Thompson is the first returning guest on our podcast. He is here this week to talk about Big Blue Swim School.

This week Pete and Nat are joined by Lance Farrell of Farrell's eXtreme Bodyshaping to discuss how this franchise is expanding and saving lives.

Franchising is a very dynamic field of business. New concepts are popping up all the time, but few are as innovative as Restore Hyper Wellness + Cryotherapy. They are taking many different biohacking and health services and combining them into one location.

For those interested in investing in a franchise, now is a great time. There is no greater proof than the recent volatility in the stock market. Many portfolios are way down and it will take some time to recover. Investing in a business provides more stability and often a higher and more consistent return with less capital.

A business is like a tree. You plant it and let it grow. Everyone who planted a tree a few years ago isn't feeling this pandemic as hard as those who rent their income from a corporation. 

The investigation process for a franchise is one of the most important steps a candidate will take. Finding the right franchise  when looking to own a franchise is difficult and a consultant will help.

Many candidates come to Nat and Pete looking to buy an existing franchise because they want immediate income and they know that there is a high small business failure rate. Franchises resales feel a little more safe. This makes sense, but often doesn't really work.

Many potential franchisees and entrepreneurs hit a wall of fear at some point in the investigation process, and many don't even get started because of one thing. Overcoming fear in business is hard.

Entrepreneurs just have to get things done!

Pete sits down with Eric Schechterman, the Chief Development Officer at Benetrends Financial to talk about how his company helps franchisees fund their locations.