How to Turn a Small Business into a Franchise Chain
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- Опубликовано: 7 сен 2024
- Kika Wise is the true definition of a trailblazer. She is the youngest female franchisor in America.
Not only is she the youngest female franchisor in America across all racial lines but she is also one of only a handful of black franchisors in the county.
She is the owner of Kika Stretch Studios which is a fitness stretching studio that has 12 locations nationwide. Kika has a unique income-based buy-in model for her franchises to help anyone become an owner. She also has a focus on inclusion, 11 of her 12 locations are owned by minorities.
She started her first studio in 2011 with her last $500 that she had to her name from a tax return. She took a leap of faith and rented a room for $300 and spent on marketing $200 on marketing.
In episode 37 she explained how she turned $500 into 12 national locations. She also detailed the process and went over the ins and outs for anyone looking to become a franchisor or franchisee and she gave the cheat code on how to make your business appear at the top of Google searches. #Franchise #Fitness
Guest IG: @kikaiam
Book Tip: The E Myth Revisited
This idea has been in my head all week. And now y'all are doing a podcast on it. Confirmation!!!!
We hope it helps you move towards your goal
Good luck and go for your dreams
This is my favorite episode thus far!! Her creativity and genius is so inspiring. Confirmation that we already have everything we need to be successful
Thank you for listening
I have legit been searching and reading and watching videos for almost a year and THIS is the kind of information I've searched for this WHOLE time!
This is so amazing. Believe it or not there is very little information out there about how to be a FRANCHISOR.
I’m looking to add franchising my facility maintenance government contracting business 2023! Kika, I need to buy your time!
This podcast is the best podcast I’ve come across the break down is soo good ! People usually pay for this ! I literally watch the ads on the video so y’all can make some money from this ..last thing the 3 of y’all look like siblings
Eben Dickson lol thank you for your support! We greatly appreciate it!
Thank you for sharing this video. I learned a lot and looking forward to get into franchising business myself. Amazing channel!
This is a good topic because the whole idea of scaling is one thing; but franchising is a whole different animal. Thanks for the conversation.
The E-Myth was a HUGE help for me in my business
Glad you was able to apply some knowledge
Been following you guys for sometime for months but just recently stumbled upon the podcasts. Wish I would have been found them. Keep up the great work.
Whoa! No excuses. I set up my session today lol.
What are the odds of me stumbling this! Thank you for this
This was an really informative conversation. I just started watching your channel and commend both of you for what you're doing. Have you or would you consider doing a show on small business ventures such as laundromats, restaurants, group homes etc?
I know this was a year ago but this video just opened up my mind and we’re going to shine from here on out🙏 thank you.
It's so funny that EYL led me to EYL. Inner Wealth with David and Elizabeth led me here. Troy and Rashad are really the goats of the podcast game. 🐐🐐
I love this channel would love to meet these two gentlemen. They’re helping us all with knowledge. There shall be no excuses.
We appreciate you tuning in!
This is amazing... y’all platform allows us to be put on game fr fr
Love love this podcast!!!!you guys have inspired me to start my own with entrepreneurs hope to meet you guys one day 🙏🏾
we're always looking to meet like minded ppl.
Thank you for the book info. All the how toos and factual instructions & lessons.
Great interview. She has a great spirit.
This should be annual. Y’all got me looking at the calendar cuz I’m like I can make that 9/26 in Chicago! But it was last year.. EYL + Social proof podcast (annual meet and greet tour, in ALL the biggest cities) I have some vision for y’all. Yall do, and have done a lot for people, myself included. . Make y’all resources, sources, and networks available!!
Dope! Great information about how to and the logic behind deciding to start a franchise.
This was a valuable and inspiring interview. The information on the Franchise Disclosure Document was really insightful. Thanks!
I want to really thank you guys for this channel I stumbled on this at the beginning of a transitional period. I love everything about this in every aspect what more can I say. God bless
Excellent excellent podcast . I love love love the transparency and honesty. Put yourself on payroll. Pay yourself and owe yourself
Vocabulary just transformed
FDD
FEDERAL DISCLOSURE DOCUMENT. ( franchise rules)
Whew!
thanks for listening
Inspired by this Young Queen.Keep it up breddaz.
One Love🇩🇲
Yoooo I'm reading that book now! Half way through but VERY informative
This was a very good interview. Got some gems from this. I'm looking at franchises in a few years. I'll put this on my list.
Great show! Thanks
I had the idea of purchasing existing businesses and rebrand as one chain
Awesome.
Yay! Plant strong!
I needed this
Needed this
FDD stands for Franchise Disclosure Document not Federal Disclosure Document
Amazing, I want experience stretching.
You guys have great content bro 💪
Which company did she use to help her franchise?
"In the United States you *_have_* to franchise if you allow somebody else to use your logo and your business name."
Very inspiring!
Hey EYL ! I like the previous Video covers you used. The Blurred picture with the words over it.
Good interview as person usual. Mid way through I got totally turned off by the idea of franchising. Why ? Its "regulated". The best business's have little or zero government regulation. (At least for me)
What would you suggest instead
💜💜💜
Is she a soul singer? Ahaha She looks like she could be on Girlfriends ahahaha in the best ways