Scaling Your Franchise with the Right Partners - With Shelly Sun Berkowitz
Manage episode 522163213 series 3425635
DESCRIPTION:
John Hayes, host of Franchise Hot Seat, interviews Shelly Sun Berkowitz, founder of
BrightStar Care, a leading healthcare franchising company with over 400 units.
Shelly discusses her transition from accounting to healthcare franchising, and her
strategic partnership with Peack Rock Capital. She stresses the importance of
choosing the right private equity partners and the value of supportive relationships
within the franchising community. Shelly introduces her advisory initiative, Founder
to Founder, designed to assist founders in scaling their businesses and navigating
sales processes. The discussion also covers the common misconceptions about
franchising, the necessity of robust franchisee support systems, and the importance
of ethical practices. Shelly shares her efforts to mentor female entrepreneurs and her
dedication to promoting equal access to franchising education. - With Shelly Sun
Berkowitz.
TIMESTAMPS:
00:00 Intro
00:20 What is Shelly's Brightstar Care journey?
01:44 Why is franchising education so important?
05:58 Early franchising challenges and lessons?
11:02 Best mentorship advice for new franchisors?
16:44 How does the franchising economic model work?
24:36 How to hire the right talent?
27:23 How is private equity changing franchising?
37:47 Biggest challenge in selecting franchisees?
43:54 How to empower women in franchising?
LINKS:
WEBSITE: http://franchisehotseats.com/
LinkedIn: https://www.linkedin.com/in/drjohnhayes/
Twitter: https://twitter.com/drjohnhayes
YouTube: https://www.youtube.com/c/Howtobuyafranchise
Instagram: https://www.instagram.com/hayesjph/
TikTok: https://www.tiktok.com/@johnphayesfranchise
Pinterest: https://www.pinterest.com/DrJohnHayes/
74 episodes