Next Level Franchise Group - Blog #working with your spouseNext Level Franchise Group - Blog #working with your spousehttps://www.nextlevelfranchisegroup.com/blogs/tag/working-with-your-spouseThu, 09 Apr 2026 09:03:38 -0700http://zoho.com/sites/<![CDATA[A Pathway to Freedom and Scale With Multi-Unit Franchising]]>https://www.nextlevelfranchisegroup.com/blogs/post/a-pathway-to-freedom-and-scale-with-multi-unit-franchisingFranchising offers aspiring entrepreneurs an established business model, but deciding whether to own a single unit or multiple units can greatly influence long-term success ...]]>

Franchising offers aspiring entrepreneurs an established business model, but deciding whether to own a single unit or multiple units can greatly influence long-term success.  This episode examines why many individuals opt for single-unit ownership and instead choose to dive directly into multi-unit franchising. 🚀

Escaping Corporate America

Many professionals turn to franchising after experiencing layoffs, burnout, or mandatory returns to office work. These challenges highlight a desire for: 

  • 🏃‍♂️ Freedom from rigid schedules,
  • 👨‍👩‍👧‍👦 more family time,
  • 💼 control over professional growth
  • 💰 a chance to build wealth independently. 

Franchising provides these opportunities while leveraging proven systems that reduce the risk compared to starting a business from scratch.

Understanding Multi-Unit Franchising

Owning a franchise means purchasing a territory with exclusive operational rights. Multi-unit franchising expands this by acquiring several territories at once. Key advantages include: 

✅ Territorial protection: Prevents competitors from moving into nearby areas. 

✅ Economies of scale: Shared resources like management teams, offices, and marketing reduce costs. 

✅ Greater influence: Multi-unit owners often receive stronger support and attention from franchisors.

A Pathway to Freedom and Scale With Multi-Unit Franchising

Who Thrives as a Multi-Unit Franchise Owner?

Not everyone is equally suited for multi-unit ownership. Ideal candidates often come from: 👔 Corporate backgrounds (VPs, directors) with leadership and scaling experience. 📊 Sales professionals who know how to build revenue and motivate teams. However, franchising systems are designed to support owners from all walks of life. Even those without leadership backgrounds can succeed with training and franchisor guidance.

Real-World Success Stories

The podcast highlighted examples of entrepreneurs who transitioned successfully: 🛠️ The Handyman Franchise Owner: Left corporate work, bought a three-pack franchise, and gradually shifted from hands-on work to strategic management. The key lesson: “One unit kept me busy, but three units gave me freedom.” 💡 The Hosts’ Journey: They entered franchising with an empire-builder mindset, purchasing multiple units upfront. This approach earned them greater franchisor investment and accelerated their growth.

Financial Realities

A single unit often does not generate enough income to replace a corporate salary—especially for higher earners. Multi-unit ownership helps bridge this gap by: 🔑 Spreading risk across multiple locations, 🔑 Increasing overall revenue potential, 🔑 Building a sustainable business capable of long-term income replacement.

Multi-unit franchising is not just about owning more; it is about creating freedom, efficiency, and scalability. While it requires vision, leadership, and an appetite for growth, it also provides: 🌟 Greater financial stability, 🌟 Stronger franchisor relationships, 🌟 A pathway to truly working on the business rather than in it. For those leaving corporate America and seeking a lifestyle of independence and control, multi-unit franchising may be the ultimate next step.

💥If you need assistance to help you acquire the perfect franchise, please reach out.

What's Your Next? - Podcast


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 Author Bio


I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
Schedule a FREE Consultation
]]>Tue, 16 Sep 2025 20:27:42 +0000<![CDATA[Choosing the Right Franchise Beyond the Big Name]]>https://www.nextlevelfranchisegroup.com/blogs/post/choosing-the-right-franchise-beyond-the-big-nameFranchising is often associated with fast food giants like]]>

Franchising is often associated with fast food giants like 🍔 McDonald’s, Subway, and Dunkin’ Donuts. While these brands are familiar, recognizable, and often the first that come to mind, they are not always the best choice for aspiring entrepreneurs. In fact, we try to explain, the right franchise for you may be one you’ve never even heard of.

The Misconception of Big-Name Franchises 🚫

Big-name franchises attract attention because of their recognition and established customer base. However, they also come with significant drawbacks:

  • High Costs – Entry fees, build-out expenses, and operational overhead are often massive.

  • Limited Flexibility – Owners must follow strict corporate rules, leaving little room for creativity.

  • Demanding Operations – Long hours, numerous employees, and complex management structures can reduce work-life balance.

Why Lesser-Known Franchises May Be the Best Fit 🌱

The most successful franchises for many people are not household names. Instead, they align with the individual’s skills, lifestyle goals, and financial resources. For example, the hosts of the podcast themselves thrived for 19 years running a coffee and smoothie franchise that was virtually unknown at the time.

Key reasons to consider an emerging or lesser-known brand:

  • Lower Barriers to Entry – Smaller, growing franchises often require less capital.

  • Lifestyle Alignment – Many of these businesses offer flexibility and fewer operational headaches.

  • Growth Potential – Joining a brand with fewer than 100 locations often means getting in early on the wave of expansion.

Choosing the Right Franchise Beyond the Big Name

The Importance of Matching Franchises to Personal Goals 🎯

Rather than focusing on brand recognition, entrepreneurs should ask:

  • What lifestyle do I want? (e.g., more family time, less stress, semi-absentee ownership)
  • What are my strengths and resources?
  • What industries are growing? (e.g., childcare, pet care, senior care, home services)

Opportunities in Emerging Sectors 🚀

With over 4,000 franchise opportunities available, the options extend far beyond fast food. Strong growth continues in:

  • Childcare and Education
  • Pet Services
  • Senior Care
  • Home Services

🌟 The best franchise may not be the one with the biggest name. Instead, the most rewarding opportunities are often hidden among lesser-known or emerging brands. By focusing on personal fit, financial resources, and market trends, aspiring business owners can find a franchise that provides not only financial success but also lifestyle satisfaction.

💥If you need assistance to help you acquire the perfect franchise, please reach out.

What's Your Next? - Podcast


Download Easy To Read eBook Version
Open eBook in Easy to Read Flipbook Version		 
 

 Author Bio


I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
Schedule a FREE Consultation
]]>Thu, 04 Sep 2025 17:42:34 +0000<![CDATA[Franchising as a New Chapter for Empty Nesters]]>https://www.nextlevelfranchisegroup.com/blogs/post/franchising-as-a-new-chapter-for-empty-nestersAs many individuals enter the "empty nest" phase of life, a natural question arises: what's next?]]>

As many individuals enter the "empty nest" phase of life, a natural question arises: what's next? 🧐 For parents who have spent decades raising children and managing family responsibilities, this stage presents a unique opportunity to redefine purpose and direction. One increasingly popular path is franchising.

🌟 Why Franchising Appeals to Empty Nesters

Franchising offers a structured way to own a business without starting from scratch. For empty nesters, this can be ideal:

  • 🕒 Time Freedom: With children grown, more time becomes available for personal ventures.

  • 💰 Financial Flexibility: Many may have accumulated savings or severance pay from corporate jobs.

  • 🔍 Desire for Purpose: Rather than settling into retirement, many seek meaningful, engaging activities.

Franchising allows individuals to invest in a proven business model with guidance, support, and branding in place.

👩‍❤️‍👨 Real-Life Example: A Successful Transition

In the video, a couple in Maryland—a tech professional and a laid-off marketer—found their "next" through an education franchise. While the husband handled the technical and operational aspects, the wife focused on team-building and leadership. This combination of skillsets created a successful business and enhanced their relationship.

Franchising as a New Chapter for Empty Nesters

🧠 Key Considerations for Couples in Business

Working with a spouse presents both opportunities and challenges. Here are some crucial elements:

  • 🚦 Define Roles Clearly: Avoid overlap by staying in your own "lane."

  • ⚖️ Decide Level of Involvement: Will one be more active, or will both equally engage?

  • 🔍 Choose the Right Franchise Model: Owner-operator or semi-absentee?

Effective communication and mutual respect are fundamental for success.

✈️ Aligning Franchising with Lifestyle Goals

Franchising isn’t one-size-fits-all. Couples need to define what lifestyle they want:

  • 🌍 More Travel: Opt for semi-absentee models with managers.

  • 🏗️ Build an Empire: Focus on growth and long-term planning.

  • 🧬 Legacy Business: Plan to involve future generations.

Franchising can be more than income—it can be a shared mission and legacy.

Franchising empowers empty nesters to build a second act filled with passion, purpose, and partnership. With the right approach and open dialogue, it can be a fulfilling journey that enriches both professional and personal life.  

💥If you need assistance to help you acquire a the perfect franchise, please reach out.

What's Your Next? - Podcast


Download Easy To Read eBook Version
Open eBook in Easy to Read Flipbook Version		 
 

 Author Bio


I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
Schedule a FREE Consultation
]]>Thu, 14 Aug 2025 14:19:50 +0000<![CDATA[Reinvent Your Life Through Franchising From Paycheck to Purpose]]>https://www.nextlevelfranchisegroup.com/blogs/post/reinvent-your-life-through-franchising-from-paycheck-to-purposeIn today's evolving professional landscape, many individuals are questioning the traditional 9-to-5 corporate grind. The desire to find ...]]>

In today's evolving professional landscape, many individuals are questioning the traditional 9-to-5 corporate grind. The desire to find meaning in work—beyond the stability of a paycheck—is driving a major shift from employment to entrepreneurship. This article explores how franchising offers a practical and purpose-driven solution.

🔥 The Corporate Burnout Epidemic

Professionals across industries report feeling overworked, underappreciated, and stuck. Layoffs have led to leaner teams, where remaining employees shoulder extra responsibilities without additional reward. This "lifestyle squeeze" creates a cycle of stress and dissatisfaction, fueling the desire for more control and fulfillment in daily life.

💡 Enter Franchising: A Roadmap, Not Reinvention

Franchising offers a unique middle path between employment and starting a business from scratch. It provides:

  • A Proven System: Entrepreneurs follow a tested process with reduced risk.

  • Support Structure: Franchisors provide training, technology, and community.

  • Flexibility: Models range from home-based to semi-absentee options.

Unlike independent ventures, franchises come with a framework that allows aspiring business owners to focus on growth and lifestyle alignment rather than inventing operations from the ground up

Reinvent Your Life Through Franchising From Paycheck to Purpose

🧩 Matchmaking Your Purpose

Instead of starting with a business idea, the better approach is reverse engineering. Begin by identifying your values, goals, and desired lifestyle. From there, align these criteria with a business model that fits. This tailored approach ensures that the chosen franchise isn’t just profitable but also personally fulfilling.

⚠️ Facing Fear and Building Confidence

One major barrier to entrepreneurship is fear—of failure, financial risk, and lack of experience. The reality is, franchise systems are built to support individuals who may have no prior business background. The journey typically takes around 90 days or more, allowing time to research, reflect, and plan responsibly.

💬 A Personal Journey, Not an Algorithm

At the heart of this transition is self-discovery. Personalized matchmaking by franchise consultants like us ensures that the process is human-centered. Their approach blends business insight with empathy, helping people uncover not just a franchise but a new way of living and working.

The path from paycheck to purpose is not just about making a career change—it’s about designing a life. Franchising is one of the most practical, supported, and flexible ways to achieve that. For those willing to explore, the next chapter can be both financially rewarding and deeply meaningful. 💥 To learn more about franchises please feel free to reach out.

If you need assistance to help you acquire a the perfect franchise, please reach out.

What's Your Next? - Podcast


Download Easy To Read eBook Version
Open eBook in Easy to Read Flipbook Version		 
 

 Author Bio


I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
Schedule a FREE Consultation
]]>Fri, 08 Aug 2025 13:54:38 +0000<![CDATA[How to Choose the Right Franchise Industry for Long-Term Success]]>https://www.nextlevelfranchisegroup.com/blogs/post/how-to-choose-the-right-franchise-industry-for-long-term-successChoosing the right industry is the foundation of successful franchising. While thousands of franchise opportunities exist, the industry you select significantly affects your long-term success ...]]>

Choosing the right industry is the foundation of successful franchising. While thousands of franchise opportunities exist, the industry you select significantly affects your long-term success, adaptability, and satisfaction. Here's a deep dive into the essential criteria to consider, based on insights from our franchise experts.

🧭 Why Industry Selection Matters

Franchise agreements typically span 10 years, making industry choice a long-term commitment. Choosing based on personal passion alone—like loving donuts or working with children—may feel emotionally rewarding but can prove financially unwise. Passion should be paired with market trends and economic resilience.

🧱 Understanding Industry Types

✅ Timeless Industries

These are evergreen sectors that maintain demand regardless of social or economic changes:

    Accounting and Taxes – Consistently needed services

    Senior Care – Growing with an aging population

    Pet Care – Pet owners continually invest in care

    Health & Fitness – Especially areas focusing on wellness and prevention

    🔥 Emerging Industries

    These are newer, trend-sensitive sectors. They may seem attractive due to innovation or popularity but lack long-term data:

    • Examples include new tech services or fads like frozen yogurt shops

    Emerging industries can succeed with due diligence but carry higher risk.

    ⚠️ Avoiding Trendy Traps

    A common pitfall is investing in what looks popular—like a bustling donut shop or a frozen yogurt trend. These may feel safe due to visible popularity but often lack sustainability. Remember Blockbuster: a solid business model in a dying/rapidly changing industry.

    How to Choose the Right Franchise Industry for Long-Term Success

    💼 Recession-Proof vs. Recession-Weak

    Understand the economic resilience of your industry:

    Recession-Proof: Essential services like plumbing, insurance, and disaster restoration

    Recession-Resistant: Needed but adjustable services like hair salons, gyms, and auto repair

    Recession-Weak: Luxury services like high-end dining or massage parlors, often the first to be cut in hard times

    Aim for recession-proof or resistant sectors for stability during downturns.

    🧠 Tools for Market Research

    Stay informed with:

    Google Trends: Track public interest over time

    IFA (International Franchise Association): Reports and industry updates

    FranchiseWire: Daily news on franchise performance and trends

    Using these tools helps you understand if an industry is growing or fading.

    👨‍👩‍👧‍👦 Personal Fit and Lifestyle Considerations

    Ask yourself:

    Do you want to work from home or in-store?

    How involved do you want to be in daily operations?

    Is scalability (multiple locations) important to you?

    Our smoothie and coffee franchise matched our lifestyle needs at the time—flexibility, family involvement, and market trend alignment.

    🔍 Final Guiding Questions

    1. Are you looking for certainty or high risk/high reward?

    2. Is the business solving a real problem?

    3. Will this industry still be relevant in 5–10 years?

    Matching your goals with industry characteristics is the key to not just surviving but thriving in franchising.         To learn more about franchises please feel free to reach out.

    If you need assistance to help you acquire a the perfect franchise, please reach out.

    What's Your Next? - Podcast


    		Download Easy To Read eBook Version
    Open eBook in Easy to Read Flipbook Version    		 
     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Fri, 20 Jun 2025 20:43:37 +0000    <![CDATA[A Strategic Approach to Aligning Your Goals with the Right Franchise]]>https://www.nextlevelfranchisegroup.com/blogs/post/a-strategic-approach-to-aligning-your-goals-with-the-right-franchiseChoosing to invest in a franchise is a major life decision that requires more than just an interest in a brand or business. When looking to acquire a franchise, long-term success ...]]>

    Choosing to invest in a franchise is a major life decision that requires more than just an interest in a brand or business.  When looking to acquire a franchise, long-term success in franchising begins with defining your personal and professional goals.

    🎯 The Importance of Goal Clarity

    Before exploring any franchise options, potential business owners must understand their "why"—the fundamental reason for wanting to own a business. This foundational step helps clarify what one truly wants, whether it's more time with family, financial independence, or the ability to leave a legacy.


    Our hosts emphasize that many candidates mistakenly start their search by looking at franchises or brands. Instead, beginning with self-assessment and goal setting leads to a more suitable and sustainable choice.

    🛤️ The Franchise Roadmap 

    We use a proprietary 9-step franchise roadmap to guide our clients. This roadmap starts with deep introspection:

    • Short-term goals (1-2 years): Often financial, such as replacing current income or achieving ROI.

    • Medium-term goals (3-5 years): Operational goals, such as achieving a stable business structure or growing market share.

    • Long-term goals (5-10+ years): These might include selling the business, passing it on to heirs, or creating a brand legacy.

    A Strategic Approach to Aligning Your Goals with the Right Franchise

    🧠 Understanding Different Types of Goals 

    Each type of goal influences the kind of franchise that fits best:

    • Short-term financial needs can determine whether a low-investment, quick-ROI model is preferable.

    • Long-term aspirations like building a legacy may align with more established, brand-heavy models that take time to build.

    • Lifestyle preferences—such as working from home or avoiding long commutes—play a crucial role in deciding between home-based and brick-and-mortar businesses.

    📚 Real-World Applications 

    The podcast shares real-life stories of clients who changed direction mid-process after clarifying their goals. For instance, one individual initially interested in child care ended up in an entirely different sector better aligned with their desire for flexibility.

    ❌ Avoiding the Popularity Trap 

    A major takeaway is to resist the temptation to choose a franchise based on trendiness or social buzz. Just because a franchise is well-known or currently in demand doesn't mean it's right for everyone. The goal is to find a business that aligns with your personal and professional goals—not someone else’s success story.

    ✅ Understanding your goals is not just the first step; it’s the most critical one. Whether your aim is financial freedom, flexibility, or legacy, aligning those aims with the right franchise model can significantly increase your chances of success. With over 4,000 franchise opportunities available, taking the time to clarify your personal objectives can prevent costly mistakes and lead to a more fulfilling business journey.


    Start with your "why," and let your goals guide the rest. To learn more about franchises please feel free to reach out.

    If you need assistance to help you acquire a the perfect franchise, please reach out.

    What's Your Next? - Podcast


    		Download Easy To Read eBook Version
    Open eBook in Easy to Read Flipbook Version    		 
     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Tue, 10 Jun 2025 21:08:01 +0000    <![CDATA[Choosing the Right Franchise Can Build Your Ideal Lifestyle Business]]>https://www.nextlevelfranchisegroup.com/blogs/post/choosing-the-right-franchise-can-build-your-ideal-lifestyle-businessIn the evolving landscape of business ownership, aspiring entrepreneurs often face one central dilemma: "What kind of business best fits my lifestyle?" This episode dives ...]]>

    🌟 Choosing the Right Franchise: Aligning Business with Your Lifestyle

    In the evolving landscape of business ownership, aspiring entrepreneurs often face one central dilemma: "What kind of business best fits my lifestyle?" This episode dives into this essential question, offering insights for anyone considering franchising as a career path.

    🎯 Defining Lifestyle Priorities

    Before selecting a franchise, one must first identify what "lifestyle" means personally. This could include:

    • 👨‍👩‍👧 Spending more time with family

    • ✈️ Traveling without restrictions

    • 🕒 Having autonomy over daily work decisions

    • 💸 Seeking financial independence

    For many, franchising is not merely about income but also about the quality of life it can enable.

    💼 Real-Life Lessons

    A compelling example shared in the podcast involved a corporate employee who, after receiving a severance package, decided never to return to traditional employment. Their initial interest in emotionally fulfilling industries such as senior care or education proved misaligned with their lifestyle goals. These industries required constant presence and emotional labor.

    Ultimately, they chose a less glamorous but operationally flexible business. This choice allowed them to appoint a manager, giving them freedom and time with their young children—highlighting how "boring" franchises can still be the most rewarding.

    Choosing the Right Franchise Can Build Your Ideal Lifestyle Business

    🧠 Personality-Based Matchmaking

    The podcast emphasizes that franchise success is often tied to personality fit. Extroverts may thrive in high-interaction environments like fitness or wellness services, while introverts may excel in businesses like vending or e-commerce that require minimal human interaction.

    🏡 Family and Legacy

    Franchising also offers a unique avenue to involve family, creating lasting bonds and legacies. For the podcast hosts, their family-run smoothie business became a memorable and educational part of their children’s upbringing.

    🧭 Strategic Takeaways

    • Avoid chasing trendy businesses that lack longevity.

    • Reflect deeply on your "why" before diving into ownership.

    • Look beyond the surface appeal of industries to evaluate long-term lifestyle compatibility.

    Choosing a franchise isn’t just about the business—it’s about building a life that resonates with your deepest values and aspirations. To learn more about franchises please feel free to reach out.

    If you need assistance to help you acquire a the perfect franchise, please reach out.

    What's Your Next? - Podcast


    		Download Easy To Read eBook Version
    Open eBook in Easy to Read Flipbook Version    		 
     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Tue, 03 Jun 2025 19:53:30 +0000    <![CDATA[Tiny Homes, Big Dreams: Unlocking Potential with Anchored Tiny Homes Franchise]]>https://www.nextlevelfranchisegroup.com/blogs/post/tiny-homes-big-dreams-unlocking-potential-with-anchored-tiny-homes-franchiseDive into the world of Anchored Tiny Homes, a groundbreaking franchise opportunity changing the housing landscape ...]]>


    Dive into the world of 🏠 Anchored Tiny Homes 🏠, a groundbreaking franchise opportunity changing the housing landscape:

    • 🏠 Anchor Tiny Homes: What They Do

      • Specialize in Accessory Dwelling Units (ADUs) - compact homes built on existing properties.

      • Offer solutions for aging relatives, home offices, or independent spaces for young adults.

      • Provide a more affordable and resource-efficient housing option.

    • Market Insight

      • Tiny Homes market is expected to grow by 8.4%

      • ADUs address the affordable housing crisis and add value to properties.

      • Ideal for dual-income households and a solution to the US housing shortage.

    • Franchise Model & Services

      • First ADU-focused franchise in the US, expanding rapidly.

      • Services include attached ADUs, detached ADUs, and garage conversions.

      • Expanding into small home builds in early 2024.

    • 📈 Leadership & Vision

      • Founded by experienced builders with over 30 years in the industry.

      • Mission: Create quality, functional, and stylish living spaces.

      • Vision: Promote financial freedom, family unity, and affordable housing solutions.

    To book your NO COST Dream Business Match Making Session with us go to Explore.NextLevelFranchiseGroup.com

    • Franchisee Support

      • Robust training program with both virtual and in-person sessions.

      • Strong corporate support team of over 70 people.

      • Comprehensive marketing and operational support for franchisees.

    • 💵 Financials & Investment

      • Low investment range with high revenue potential.

      • Franchising since 2021 with impressive growth and revenue.

      • Focused on building strong year-one returns for franchisees.

      • A growing market with increasing acceptance of ADUs across the U.S.

    • Business Model and Financials:

      • Simple and scalable, requiring minimal staff and no inventory.

      • Two franchise ownership models: owner-operated and executive.

      • Impressive financials with high revenue potential.

    • Franchisee Profile:

      • Ideal candidates have strong sales or management backgrounds.

      • No construction experience required.

      • Desired qualities include vision-driven, self-motivated, and community-focused.

    • Future Prospects

      • High demand in various states with ongoing expansion.

      • Opportunity for franchisees to own multiple units and territories.

      • Strong market position with a focus on solving housing challenges.

    🏠 Anchored Tiny Homes 🏠presents a unique franchise opportunity, combining innovative housing solutions with strong support and significant growth potential. It's an ideal venture for those looking to make a positive impact in the housing sector while building a successful business.


    Interested in the Anchored Tiny Homes franchise opportunity please feel free to reach out to us for more information.


     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Tue, 23 Jan 2024 19:54:08 +0000    <![CDATA[Married and in Business: Finding Success Together in Franchising]]>https://www.nextlevelfranchisegroup.com/blogs/post/married-and-in-business-finding-success-together-in-franchisingIn this blog post, we'll delve into their insights about the challenges and rewards of being married and in the franchise business. We'll focus on key takeaways ...]]>


    For many couples, the dream of working together and building a business as a team is compelling.


    Dave and Stacey Riska, founders of Next Level Franchise Group, have been married for 32 years and working together for two decades.


    In this blog post, we'll delve into their insights about the challenges and rewards of being married and in the franchise business. We'll focus on key takeaways and red flags to watch out for.


    Key Takeaways:


    1. Aligning Passion with Business:


    • Dave and Stacey emphasize the importance of connecting your business venture with your passion and "why."

    • They categorize people's motivations into "the eight F's," including fulfillment, financial security, and family.

    • Matching your "why" with the right franchise opportunity increases your chances of success and longevity.


    2. Leveraging Complementary Strengths:


    • Successful couples in business recognize and utilize each other's strengths.

    • Dave and Stacey admit they have different strengths and respect each other's expertise.

    • They divide responsibilities based on their skills and outsource tasks where neither excels.


    3. Financial Planning:


    • Dave and Stacey highlight the significance of proper financial planning.

    • They recommend having a minimum of $50,000 in liquid capital before considering a franchise.

    • Understanding funding options, such as SBA loans, home equity, or tapping into retirement savings, is crucial.

    To book your NO COST Dream Business Match Making Session with us go to Explore.NextLevelFranchiseGroup.com

    4. Red Flags:


    • Overextending finances to invest in a franchise is a red flag. It's essential not to strain your financial situation.

    • A strong core relationship and mutual respect are prerequisites for couples entering the franchise business together.


    5. Outsourcing and Franchising:


    • Franchising offers built-in support and outsourcing opportunities.

    • Many franchises provide services like call center support and bookkeeping to fill skill gaps.

    • Choosing a franchise that aligns with your strengths and offers necessary services is advisable.


    Conclusion:


    • Success in business as a married couple requires aligning your "why" with the right franchise opportunity, respecting each other's strengths, and proper financial planning.

    • Dave and Stacey Riska's journey highlights the advantages of franchising, which provides built-in support and services to bridge skill gaps.

    • Open communication, flexibility, and a shared vision for the future are essential for success as a couple in business.

     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Fri, 29 Sep 2023 20:01:23 +0000    <![CDATA[Stressed Out: What Every Business Owner Needs To Know]]>https://www.nextlevelfranchisegroup.com/blogs/post/stressed-out-what-every-business-owner-needs-to-knowThere's a 5-letter word affecting aspiring and current business owners that is negatively impacting their health.This 5-letter word is STRESS.]]>


    There's a 5-letter word affecting aspiring and current business owners that is negatively impacting their health. 


    This 5-letter word is STRESS 😞. But don't stress about it LOL. 🤣


    This episode of What's Your Next features Dr. Raynette Ilg, a naturopath and owner of Olive Branch Wellness Center in South Elgin, IL who shares:

    • What stress is 😞

    • How stress affects the body 🏃‍♀️

    • What is vital in managing stress 💀

    • The specific things you can do to improve productivity 💪

    • What you should - and shouldn't eat (don't worry you'll love what she shares) 🍩

    • The gut - why and how it regulates how we feel 🤤

    • Oils - which are healthy, which aren't 🥑

    • Tons of nuggets in this episode! Your body will thank you for watching and listening.

    To book your NO COST Dream Business Match Making Session with us go to Explore.NextLevelFranchiseGroup.com

    Contact Dr. Raynette Ilg

    www.OliveBWC.com

    @dr.rayilg

    What's Your Next? - Podcast

     

     Author Bio


    I’m Stacey Riska aka “Small Business Stacey”, your franchise placement specialist. I help aspiring business owners find the PERFECT franchise so they can get to the next level in life and business.
    Schedule a FREE Consultation
    ]]>    Mon, 12 Jun 2023 19:00:15 +0000