Real Money Talks

Today, I'm thrilled to welcome franchise expert Richard Anderson to the show. From driving trucks for Burger King to owning numerous Subway franchises Rich shares his incredible journey and dives deep into the world of franchising to help answer all your questions. Curious about the differences between franchising and licensing or perhaps you want to know why adhering to franchise standards is crucial? Rich provides insightful answers to these questions and more. If you're considering transitioning from a job, creating a steady income stream, or exploring new investment opportunities, this episode is packed with actionable advice on what to look for, how to conduct due diligence, and the financial requirements needed to make your first purchase. Join us for a fascinating discussion on franchises and get ready to take notes!Loral's Takeaway's:Intro (00:00)Subway Franchise Costs (04:46)Marketing Strategies For Subway Franchises (10:15)Franchise Ownership, Diligence Process & Financial Expectations (15:02)Fr