Welcome back to another episode of the Franchise My Business podcast, hosted by Kevin Oldham. Today we’re diving into the topic of “Scaling Too Quickly”. But what happens when the pace becomes too rapid?
Join us as we explore the dangers and pitfalls of scaling too fast. From losing company identity to struggling with culture and finding the right people to support your rapidly growing organization, we’ll uncover the complexities of maintaining success in the face of exponential growth.
HIGHLIGHTS:
The Secret to Scaling: Franchises and Licensing as the Ultimate Business Leveraging Tools – Kevin Oldham
“Scaling is like this big buzzword. People like, oh, I gotta scale my company and all these things. Scale, by definition, means that you found something that has leverage within your business, and you’re able to increase your profit and not necessarily increase your cost structure or at least not commensurately. And I think franchises are one of the best scalable business models on the planet. It’s one of the reasons that I love this business model skin. Whether it’s franchising, licensing, I don’t care what it is. But taking your own intellectual property, sharing it with others, and allowing them to do their thing, creates a business based on the work that you created.”
Find out more about Kevin and Franchise My Business:
- LinkedIn: https://www.linkedin.com/in/kevinoldham
- Website: https://kevinoldham.live/
#franchise #business #franchiseowner #entrepreneur #businessowner #startups #franchisor #franchisemybusiness