Whether you are a new franchisee or have been one for some time, there are many moving parts to consider. Finances, of course, play a role.
Furthermore, factors such as inflation can have an impact on components of the automotive space. But navigating financial landscapes as a franchisee doesn't have to be a solo endeavor.
Kelly Tope is senior director of franchise development at FullSpeed Automotive, working directly with Grease Monkey, SpeeDee Oil Change & Auto Service, and Kwik Kar brands.
She joins the show to talk about finances and franchising at a high level. What are some things for franchisees, new and old, to keep in mind? What is the franchise setup like at FullSpeed? Why is financial footing important?