With 80% of franchises still running after 5 years, compared with 80% of startups failing in the same amount of time, it has to be an option to consider.
In this episode I am joined by Iain Griffiths, Founder of The Party Tent Company, which he took from side hustle to full on franchise and still scaling. Iain shares what it took to become a franchise and the successful model to bring on new franchisees.
Iain’s journey has had personal challenges. A divorce from a toxic relationship led him to embracing therapy in multiple forms to help his mental health, which has gone on to change his life for the better.
If you’ve ever had the tiniest thought about franchising, or you’re done with your job looking for a new opportunity this episode is definitely for you.
“80% of franchises are still trading after 5 years” – Iain Griffiths
You’ll hear about:
Franchising offers a solution that minimises the risk.
Franchising requires careful planning and support for franchisees.
Therapy can be a transformative experience for mental health.
Building genuine relationships with franchisees fosters a supportive community.
Life after a toxic relationship can lead to newfound freedom and happiness.
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