Why Franchises Might Be the Best Kept Wealth Building Secret with Alex Smereczniak
About this episode
Alex Smereczniak discusses how franchises can be a lucrative path to business ownership and wealth building.
67% of Americans say they want to own a business. Only 6% ever do it, and the gap is almost never a lack of money. Alex Smereczniak has data on thousands of franchises, and he breaks down the path that lets you start a business on step three instead of step one. 👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 👉 Live Call Registration Form: https://docs.google.com/forms/d/e/1FAIpQLSeqIw5xncfn5tZbGG_U22iZ3BUmyHe9fPvBQaC1vW_x1D7bJA/viewform What You'll Learn in This Episode What you are actually buying with a franchise fee, and what the royalty keeps paying for How much cash you really need to start, from $5K side hustles to $5M builds Why lenders and the SBA prefer franchises, plus the retirement rollover most people have never heard of Which categories are quietly booming right now, and which trendy ones Alex is skeptical of The real-estate move that let one owner sell 30 Burger Kings and still collect checks How to structure a deal with an operating partner, and the equity threshold to stay under The path from one location to a portfolio doing hundreds of millions in revenue Start…
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