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Ins and Outs of Launching a New Franchise

Wisdom Woman Podcast

Release Date: 06/24/2022

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Wisdom Woman Podcast

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If you have ever considered franchising your business, this podcast episode was prepared specially for you. 

We will discuss the components of a franchise system, how to create a franchise roadmap, the lifecycle of a franchise system, and much more.

To make this deep dive, we have invited a special guest called Dori Steward. And why her? Dori started as a high school STEM teacher and built a multi-million-dollar, global company. So she has a wealth of knowledge and experience to share. Not only on theory, but she has actually created one very successful Franchise of her own.

Dori's journey began as a high school engineering teacher. She was looking for new ways to engage kids from an early age in STEM studies when she realized she could create her own curriculum. What started as a project with her kids turned into a lucrative business, with inquiries from around the world. She turned this new business into a booming franchise company. After reaching more than 165 locations in 35 countries, and a reach of more than 1 million students, she sold her business in 2020.

Her expertise in business, franchising, and marketing makes her the ideal guest to share knowledge about Franchise; after all, we like to have guests in our show with entrepreneurship skills and real-world experience. 

Over the years, she has received numerous awards in recognition of her accomplishments, including the

2014 Brava Award Winner by Smart CEO Magazine, and she was listed as one of The Most Creative People in Business 2016 by Fast Company Magazine. She has also been featured on Fox News and CNN Money, in Forbes, Kiplinger Magazine, and The Wall Street Journal.

In this episode, we will be talking about:

  • What is franchising?
  • Is your business franchisable?
  • What are the components of a franchise system? 
  • What do we need in place?
  • What should your growth strategy be?
  • How do you create a franchise roadmap?
  • What is the life cycle of a franchise system?
  • How to create an exit strategy?
  • Where to learn more if Franchise is the right path for you?

We believe you should pursue your passions even when others may doubt your vision. So schedule a FREE consultation with Betina Meyer Pflug if you need support as an entrepreneur. She is also an entrepreneur, a business and life coach, and a marketing and CRM specialist passionate about supporting nonprofit professionals. 

She has a degree in hotel management, received her MBA from Rotman School in Canada, and has completed three coaching certifications, including a specialization in facilitating nonprofits, life coaching, and biopsychology to promote positive mental attitudes for mental and physical wellbeing. 

 

If you want to know, schedule a session to build your social media strategy, visit the website and schedule a quick call. https://wity.tech/how-it-works/

 

For comments and future episode suggestions, please send us an email at [email protected].

 

Wity Social Media: 

Facebook: https://www.facebook.com/wity.coaching

Instagram: https://www.instagram.com/wity.coaching/

Linkedin: https://www.linkedin.com/in/betinapflug/

Twitter: https://twitter.com/witycoaching

Youtube: https://www.youtube.com/channel/UCecY-EZfztdnHutFJ70Teqw

 

Dori Stewart Social Media:

Instagram: https://www.instagram.com/sheturnedentrepreneur/

LinkedIn: https://www.linkedin.com/in/dorirobertsstewart/

Facebook: https://www.facebook.com/sheturnedentrepreneur

Pinterest: https://www.pinterest.com/SheTurnedEntrepreneur/_created/

Website: www.doristewart.com and www.sheturnedentrepreneur.com