Do you want to become a franchisee or franchisor? Start with WeFranch.

Not all businesses are started from scratch. More business owners are operating a proven business concept attached to a brand name, in other words they are participating in the franchise model.

According to the U.S. Census Bureau, 10.5% of all businesses are franchises supporting nearly 8.2 million direct jobs. You might think it’s just quick service restaurants, but today there are franchises opportunities in categories such as retail, automotive, business services, real estate and more.

And who better to have on the show than a self-described “franchise enthusiast”, Gregory Ugwi.

Greg studied Math at Princeton, went on to build models for valuing franchises and fixed income securities at Goldman Sachs, and founded and raised $15 million for an alternative data company, Thinknum, and took that to an exit. Today, he’s the founder and CEO of WeFranch, and their mission is to expand the franchising market. WeFranch helps both franchisees find and launch their location and franchisors grow their franchise business. I look forward to learning more about the Franchise industry.

In this episode, Greg shares:

• Growing up in two separate and distinct neighborhoods in Lagos, Nigeria
• Fascination from an early age on why some were able to make money through their businesses, and others were not
• Bringing the franchise matching process online with WeFranch
• How franchises give economic opportunities to a distinct group of operators
• What kind of entrepreneurs make a great franchisee and franchisor

WeFranch can help you with your next franchise business decision

X: https://x.com/wefranch

LinkedIn: https://www.linkedin.com/company/wefranch/

Enjoy the episode!

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