Aaron Harper
👤 PersonAppearances Over Time
Podcast Appearances
Like I'm the majority shareholder and lead investor in this business that I own.
And then they keep owning 100% of their business, which then gives them upside in the new business that they don't, they didn't have before.
And so to answer your second question of like,
why wouldn't I just go buy a geographic location and own and operate a, uh, brand in like Nashville and, you know, open a bunch of locations in Nashville.
It's not my skillset.
Um, I running corporate owned units of a power washing business is also significantly different than running a franchise, right?
Um, a franchisor is a coach, a mentor, um,
has legal, some kind of legal knowledge of how to like structure these types of things.
They're oftentimes a therapist, marriage counselor.
Like there's like a bunch of different roles that you would wear as the hats that you would wear as a franchisor in any given day.
And those are typically much different hats than you would wear as the owner and operator of a local service business.
Yeah, so I always tell anyone who's looking at buying a business that they should have a checklist.
Um, it's kind of like, like, think about it like this.
Like if you're going to go buy a house, you're going to know you want a yard in the backyard.
You're going to know you want to be in this type of neighborhood with this type of school district.
It's going to want to be like in this range of a square footage.
Um, you're going to want this many rooms, this many bathrooms.
Like you have your, your checklist.
If you didn't have that, you're just like, Hey, realtor, show me houses.
And they're like, what kind of houses?