Demystifying Franchise Ownership

By: Kristine Givens
  • Summary

  • The podcast that brings you expert advice, transparency, and clarity around franchise ownership, whether you're a prospective or existing franchisee or franchisor, or simply curious about the topic.
    © 2024 Demystifying Franchise Ownership
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Episodes
  • #59 - How Glo Tanning is Redefining the Tanning Industry
    Dec 26 2024

    I had the pleasure of talking with Onyi Odunukwe, the CEO of Glo Tanning, on this episode. Onyi's journey into the world of tanning began with his entrepreneurial spirit, from a supplement store franchise to building a successful tanning brand that now spans across 16 states. Onyi shares how Glo Tanning stands out in a competitive market, offering not only UV and spray tanning but also innovative automated spa services that are transforming the customer experience. He also talks about how they’ve centralized operations in a way that allows franchisees to focus on growth—from real estate support to customer service.

    In addition to discussing Glo’s expansion to nearly 100 locations, Onyi outlines his innovative "Own Your Future" program, which empowers employees to become franchise owners. This program bridges the gap between those with operational experience but lacking capital and investors seeking hands-off opportunities.

    Make sure to download this episode to learn more about how Onyi and Glo Tanning are reshaping the tanning industry.

    Get in touch with Kristine at:

    • LinkedIn
    • https://kristinegivens.com
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    37 mins
  • #58 - Two Franchises, One Entrepreneur: Ron Holt’s Strategy for Success in His Second Venture
    Dec 19 2024

    Join me this week as I chat with Ron Holt, the two-time franchisor who is bringing a fresh, fun approach to moving through his brand, Pink Zebra Moving, after his success with Two Maids and A Mop.

    Ron shares how he’s disrupting the moving industry by creating not just a service, but a culture—"Happy Moving”! He explains how his mother-in-law's terrible moving experience became the inspiration for this new approach, and how he’s turning what is traditionally one of the most stressful events into something fun and memorable for customers.

    Ron dives deep into his journey of franchising, including lessons learned from his time with Two Maids and A Mop to the growth strategy behind Pink Zebra Moving. Ron talks about the importance of selecting sufficiently capitalized franchisees who will follow the model and believe in the mission as well as maintaining transparency within the franchisee community. Through Pink Zebra Moving, Ron is setting new standards in the home services industry and helping franchisees grow alongside him.

    If you're considering franchising or want to hear more about Ron's unique approach to growing a brand, this episode is for you. Tune in to hear how Ron is making moving fun, one happy customer at a time!

    Get in touch with Kristine at:

    • LinkedIn
    • https://kristinegivens.com
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    43 mins
  • #57 -Is a Fractional CFO the Solution You’ve Been Looking For?
    Dec 5 2024

    In this episode of “Demystifying Franchise Ownership”, I talk to Lowell Mora, a fractional CFO with over 30 years of experience. As the founder of Impact CFO, Lowell offers strategic financial support to businesses that aren’t ready to hire a full-time CFO or don’t have a need for a full-time CFO. We explore how fractional CFO services can benefit businesses, including franchisors and franchisees, providing high-level financial expertise without the cost of a full-time executive.

    Lowell explains how a fractional CFO can help businesses with strategic analysis, cost optimization, and growth. We also discuss how this role is crucial for family-owned businesses preparing for transitions or exits. Lowell’s approach helps businesses improve financial clarity, reduce costs, and make smarter, forward-thinking decisions.

    If you're wondering how a fractional CFO can elevate your business, this episode is a must-listen. Tune in to learn how the right financial expertise can drive growth, manage risks, and prepare for the future.

    Make sure to access Lowell's free 13-week cash flow analysis and other helpful resources on his website (impactcfo.net). You can also find Lowell on LinkedIn.

    Get in touch with Kristine at:

    • LinkedIn
    • https://kristinegivens.com
    Show More Show Less
    37 mins

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