Tariq, Thank you for all this helpful advice to potential franchisees. Please everyone listen to Tariq. We are a franchise in the wellness industry and it would really help us if our franchisees knew all these things before contacting us. We appreciate this show.
Hello Tariq, I am in California and have been presented a franchise opportunity. Since receiving this call I have been watching as many of your videos as possible. I’d love to connect at your convenience. Have a great day!
Hi Tariq, thank you for this information. I'm currently looking at buying a small franchise of Childcare photography (school photos) for the purpose of financially supporting me and my little family. I was recently made redundant and feel like I'm tired of making other people rich hence why the decision. I've never done this before so its very daunting but exciting
Wow Nikita, congrats on moving in the direction to be your own boss and create the life of your choosing. You will feel mixed emotions the entire time. Stay rooted in your WHY. Hit me up at info@tariqjohnson.com if I can help.
How old would you have to buy a franchise? I’m 15 and want to get into chick-fil-a I feel like once I am old enough it would be a great investment because my town and this close town to us doesn’t have one and those towns combined have a population of 325,645 but the problem is that I heard it’s hard to get selected to be a franchise owner for them
I LOVE that you are thinking about this at 15 years old. You have to be 18 to sign a legal document, so 18 to buy a franchise. If you want some mentoring, hit me up on my website. We need more 15 year olds like you!
Looking to open a franchise in the food industry soon. My target is end of next year or the first quarter of 2023. I work as a kitchen manager currently. For now I’m getting my ducks in a row and your videos have been very helpful. Thank you!!
Wow ready through comments. Nice to see a younger audience that wants to run there own businesses. I have been listening to a bunch of these guys out here. I have a short attention span. I have been going through your videos more then once taking alot of Notes
Thanks for tuning in and glad my content has been helpful. I'm also happy to see a young audience wanting to own their own business- hopefully they actually take meaningful action and make the sacrifices to make it happen!
Quick favor to ask- I need to interview 50 people that are looking into buying a franchise, or just trying to figure out how to transition from employee to full time entrepreneur. I’d like to set up a brief call to interview you. If you are a yes, please send me an email at info@tariqjohnson.com and I’ll reply with the link to book directly on my calendar.
Hi Tariq I want to start a restaurant business. Looking to purchase a QSR franchise so my focus is entirely on this video as I want to avoid big blunders before embarking on this journey. 😃
Yes, absolutely @datrimray1920. Book a Call with my team and they will be able to provide you a custom strategy. -> www.buyaprofitablefranchise.com/o-booking
Pizza particularly Round Table Pizza would be my choice and I'm getting out of the navy in 2025. I've worked for them in past and familiar with the pizza industry. The only concern would be the drivers.
I'm not looking for a franchise BUT I'm looking to turn my unique commercial cleaning company into a franchise. So I love looking at your content for the view from the other side. 🎉keep it up withthe content thanks
Let's get it! Love that vision man. Have you gone to my website and got my free 7 Step Blueprint yet? Use that as your starting point! www.tariqjohnson.com/
Yessir! My first location in California was two doors down from a Jersey Mikes. I knew the owner very well. He owned 6 of them. Have you grabbed my Free 7 Step Blueprint yet? www.tariqjohnson.com/
Hi Tariq, I ran into your video pretty late but I'm in the offer stage now. I've been a personal trainer most off my life and been also wanting to start my own business and with the selling of it home that have us a capital to start a fitness franchise.
You got this! I have a lot of resources that can still help you. Have you checked out the blog on my website? www.tariqjohnson.com/blog Quick favor to ask- I need to interview 50 people that are looking into buying a franchise, or just trying to figure out how to transition from employee to full time entrepreneur. I’d like to set up a brief call to interview you. If you are down, please send me an email at info@tariqjohnson.com and I’ll reply with the link to book directly on my calendar.
I have owned two Nathan hotdogs fransise many years ago. Most of my life I did start ups and build pita for call centers off and on shore. I am not that young as I use be but, I thank something turn key would be better for me then pass on down to daughter.
Solid. I'd stay away from franchise brokering unless you have owned franchises yourself. Medical industry is highly competitive, but if you can crack through- could be huge.
Hi Tariq! Been watching your videos lately and it has been very helpful. I wanted to ask, were you & your spouse the managers when you first opened your franchise business? Or did you guys hire a manager? Which would you recommend?
I was active in the business the first year, and also had a manager. How you run yours depends on many factors. Can you afford to leave your job right away? Is it better for you to manage the business while it’s getting up and running. Does the cost of a manager still allow you to make profit?
Hey Sophie- saw you filled out a coaching app, look forward to strategizing. Here’s a video that will help you ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-D02SourDhxQ.html
I really want to get into restaurant franchising. Food is always something ppl are gonna need, and my area is a little limited as far as different food places, so I think I could def add something around here that peope would enjoy.
That's awesome. Go for it. Figure out what the need is and what could do well. My wife and I saw the need for a Juice bar in our community, as we had to drive multiple exits... that's how it all started. Good luck.
FIrst off, Keep making content becuase you crush it. I am thinking about opening up a physical therapy practice franchise FYZICAL or Physical Therapy Now. I was thinking it would be ideal if I could find a practice that is being sold, buy it out, then converting it to a franchise. What do you think about physical therapy practices? Thanks for making all the great content.
Hey Alexander- appreciate the kind words. Sounds like a great vision! What has you focused on the physical therapy space? Overall I think physical therapy is a great niche- there will ALWAYS be a need for that kind of business. I am a fan of buying an existing practice...although there are pros and cons. If you buy an existing practice that is successful, you're saying you would want to become the Franchisor?? If the goal is to become a franchisor, then you'd probably want to have a number of corporate stores that have proven to be successful in order to effectively recruit franchisees. Hit me up at info@tariqjohnson.com if you have more questions.
I just started this journey. By myself with no one else. I want to do it right. I HV no income coming in and need to be successful right away. How can I find income producing franchises less then 20k?
Hey Kathleen, the best thing is to find a re-sale franchise. One that's already producing profits, and enough to create an income for you and be able to support the SBA loan payments. There are a bunch of business buying websites that will show what's available in your area.
Im looking at starting a franchise with superglass windshield, I dont really know much about starting a business, I've been doing research on llc and I figured I would start it under an llc but im having trouble figuring out how to put all the pieces together
Hey Isaac, don't get hung up on that part- super easy. Whatever state your in just google LLC in your state. Make sure you go to the official website of the state, and you can usually file the LLC for pretty cheap around $100 or so. I do franchise coaching if you need help with business stuff. Hit me up at info@tariqjohnson.com
Hello I have some questions about franchising. I recently purchase a franchise and I have some financial question about building out the space for your franchise?
I am considering a Great American Cookie Company franchise. I didn’t see any availability in my state in their website. I have been thinking about the challenges of owning a franchise in another state
@@TariqJohnson I watched your video speaking about that. I am already a business owner and I like to know what’s going on. Not sure I would like not being able to pop in and really connect with my staff.
I am thinking about buying a UPS Store franchise. Can I get your take on opening a UPS store in San Diego/Chula Vista area CA. Currently a Driver for UPS so I’m already working full time. Kind of want this as a second income. A little side hustle. Not sure if you have any knowledge on UPS franchise. But if you do I would really like your input. Thanks!
Hey @Billy I don't give public advice on individual Franchise locations, it would take a few hours or research for me to give a thoughtful analysis. Overall UPS is a reputable franchise that is almost everywhere. Here's what you want to ask and find out...what areas do UPS stores succeed in? Demographics, residential, commercial, etc. Does that location area have the necessary ingredients to support a successful store?
1. First I've ever heard of them 2. Pretty sure they are not a franchise 3. What is your specific question? 4. Businesses will always need capital- and I personally love financial services. I don't know anything about the company, to speak with any definitive opinion.
Hi Carmen, I’m not sure what insight you are looking for specifically? If you want guidance specific to your situation, then go here. www.tariqjohnson.com/consulting
Hi Tariq hope you’re well. I’m interested in opening up a franchise. But I don’t have any experience. My research has shown me a more affordable franchise where the franchisor gives you pretty much everything. Do you think it’s a good idea to start there before jumping into a full on chicken fast food restaurant
I wouldn’t do a fast food franchise at all. Very low profit margins, and very expensive to start up. I definitely would advise to stay in a financial range you feel comfortable in. Get your first win under your belt in business and it helps a lot.
Hello, Tariq Johnson, I want your advice on becoming a franchisee with Great Clips. I am a licensed stylist of 15 years, started in Queens, New York and now live in Gastonia, North Carolina. I have work for Super Cuts, Sport Clips and Great Clips in Charlotte, North Carolina. I hope to hear from you soon. Th
Being a stylist and operating a business are two very different things and roles. Some of the best players do not make the best coaches. Do your homework, talk to franchisees and make sure it can provide the income you’re looking for.
Hi Tariq! I'm considering opening a cycle studio in my hometown. At this time, the nearest cycle studio is 45 minutes away. How do you feel about the cycle studio Industry? My other question, is it best to go with a proven franchise such as CycleBar or go with an my own independent studio?
Hey Amy- that's a complex question that's based on many factors , including your financial situation, your personal goals and vision for your life, your skillset, and specific demographics in the area in which you live. Happy to help ya in a professional capacity. www.tariqjohnson.com/consulting
Hey Tariq I’m looking to buy a carstar franchise. Just wanted to know your thoughts on it. I tried looking up information about it but can’t find any. I currently own a body shop. But wanted to expand. Basically have my own shop and have a franchise. Thanks
Hey Masood- I'm not familiar with that franchise. I do know quite a few automotive franchises that I like- shoot me an email at info@tariqjohnson.com and I'm happy to share them.
Five Guys is my absolute favorite burger joint! I am obsessed with the BBQ sauce they use. Unfortunately you need a minimum of $5million for them to even consider you! If you want help finding another franchise give me a shout! info@tariqjohnson.com
@@TariqJohnson 😄 I was invited to run the day to day operations and I felt really comfortable with in front of the house and back of the house. I do have 15 years working at various restaurants. I believe the area of improvement for me is marketing because I just have a fear of going up to random people and talking to them. I have applied for a SBA loan for $450k that required 20% down. I want to be a semi-absence owner because I still love my Accounting day job. Based on this information I provided do you think it is still a good idea to go through with it. I have anxiety because this is uncharted territories for me. I have a family that I still have to provide for as well.
Never heard of IV drop. I don't know anything about you to suggest anything. But I do have a free masterclass training on buying a franchise here www.buyaprofitablefranchise.com/
Hi Tariq, We are just starting our journey Franchising our business, Tots Coaching sporting activities for children from 2- 11. We are 2 months into this journey, if you could give me one piece of advice to help us on our way, what would it be? Thanks Mick
Have you already secured a franchise company to franchise it? First price of advice is choosing the right partner to help you franchise it. Feel free to reach out info@tariqjohnson.com
I’m thinking about getting into the mosquito control business. We live in MI where there is a fair amount of lakes, rivers, etc around. What do you think?
Alex - as the person who gets bit by mosquitos 17x when my wife doesn't get bitten at all...I vote yes. In all seriousness. Succeeding in business is all about solving problems, if mosquitoes are an issue there...that could be a really great way to solve problems and make money at the same time!
I’m pretty young, I just graduated high school and I was thinking of going to school but can’t afford it. I’ve always had ideas of opening a franchise is it possible for me to start thinking about it? Or should I start smaller?
Well congrats to you for having ambition to want to be a business owner at such a young age! You should start a small business and save as much money as you can. Franchises require you to have start up money! Make sure to go to my website and download my Free 7 Step Blueprint to business profits in 60 days...it'll help you A LOT!!! www.tariqjohnson.com/
I just dont know where to start new at this... Its been for sale for the last 2 months so far. I belive it's still for sale. I just have no clue how this works. Like where to even start. To see if I can even qualify for something like that huge of a price.
Hi I am thinking about purchasing a Premier Martial Arts franchise. Have you heard of this franchise and what do you think about their opportunity and business model?
Hey Jeremiah, never heard of them but that's not a bad thing. Overall the Martial Arts niche is a good niche. If you want some help doing due diligence hit me up at info@tariqjohnson.com
By mentor, that implies wanting something for nothing. My advice and expertise for free. I coach. I provide my expertise for a fee. You can apply here www.tariqjohnson.com/consulting
Hey man, I'm really interested in your videos, but they are SOOOOOO long. 5 mistakes should NOT take 12 minutes to explain. Please make shorter videos and I will actually like and subscribe.
I appreciate your feedback. I pride myself on having the most detailed and thorough content and analysis on franchising- considering I’ve built a multi million dollar business. If you don’t have 12 minutes to learn about mistakes than can cost you hundreds of thousands of dollars in a major business decision, well…I’m ok with that. I get consistent feedback that people who are seriously interested in franchising appreciate the deep insights I put out.
@@TariqJohnson It's not bad to be thorough. I'm not criticizing your analysis. It's a suggestion on your film-making. Take the advice. The first minute of this video didn't teach anything. I measured it out. Try making it shorter. You will get more views.