9. What is Franchising? (It's Not Just McDonald's) - 3 Business Models Explained
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🎙️ Episode 9 - In this episode of The Franchise Champion Show, Alan breaks down the fundamentals of franchising by exploring three distinct business growth models: independent expansion, dealerships, and franchising. He explains why franchising is more than just McDonald's, revealing that food-based franchises represent only one-third of franchises in the United States. Alan shares fascinating comparisons between In-N-Out's 424 locations (built independently since 1948) versus McDonald's 44,000+ worldwide locations, and discusses surprising franchise opportunities from tire shops to biohazard cleanup services. He also shares his personal franchise journey, revealing how the franchise that became his best fit was actually the last one on his list—leading to 14 years as a top performer and a successful multi-million dollar exit.
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