Send us a text

Ever wondered how successful franchisees minimize their tax burden while maximizing profits? In this eye-opening episode, we're joined by Michael Reeder, a financial strategist who specializes in helping franchise owners keep more money in their pockets through clever, legitimate tax planning.

Michael reveals his powerful "purchase and heavily finance" strategy for business vehicles instead of leasing, explaining how this approach allows franchisees to capture substantial tax benefits through depreciation while preserving precious working capital. This isn't just theoretical advice—it's exactly what Jack and Jill implemented in their own business with impressive results.

The conversation takes a fascinating turn as Michael unpacks his "three bucket methodology" for determining the optimal entity structure for your franchise business. From LLC partnerships to S-Corps and C-Corps, he demonstrates why cookie-cutter advice fails franchisees and how personalized strategies based on investment level, asset allocation, and household income can save you thousands. Through a compelling example, he shows how the right structure could save a franchisee with $200,000 in profits approximately $17,000 in self-employment taxes alone.

We also demystify franchise fee amortization, clarifying how these significant upfront costs must be treated for tax purposes and what happens to your tax benefits if you sell your business before the amortization period ends. Michael's guidance on balancing owner salaries with distributions in an S-Corp structure reveals yet another avenue for substantial tax savings.

Whether you're currently exploring franchise ownership or already running a successful franchise, this conversation will transform how you think about the financial structure of your business. Connect with Michael on LinkedIn or through his website at readercpagroup.com to discover how these strategies might apply to your specific situation.

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

Ever dreamed of running a thriving business from a Hawaiian beach? When our flight home was cancelled, we discovered firsthand the true freedom franchise ownership can bring. Instead of calling a boss to beg for more time off, we simply shifted into remote management mode, working with our capable teams from poolside. Our general manager's response? "No worries, I've got this."

This seamless work-life integration represents what's possible when you own the right franchise with proper systems and leadership. We're expanding this vision through our growing Franchise Insiders consulting team, welcoming two new franchise owner consultants who bring valuable firsthand experience to help others find the right franchise.

Financial awareness remains crucial for franchise success. We dive in on where you need to keep labor costs (as a percentage of revenue) and checking your P&L weekly. It's fascinating to see smaller market franchises sometimes outperforming larger territories—proof that the franchise owner makes more difference than location. Business ownership certainly brings challenges, especially in the first 12-18 months, but the rewards far outweigh the difficulties when you're building something that provides both financial success and lifestyle freedom.

For those considering franchise ownership, particularly in home services, prepare financially with approximately $50-60K for franchise fees plus $100K in working capital. Don't worry if that seems daunting—creative funding options exist, including 401K strategies without penalties.

Ready to explore how franchise ownership could transform your work-life equation? Text us at 305-710-0050 to learn more about finding your perfect franchise or join us for upcoming podcast episodes featuring our new consultants and financial experts who can help you keep more of your hard-earned money.

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

Dan and Cori Anikstein share how they built a profitable Gatsby Glass franchise in under 18 months. Dan leveraged capital from his previous successful business exit, while Cori brought her digital advertising expertise to create a powerful partnership.

Their hands-on approach and focus on organic growth earned them top recognition within the franchise system.

The couple reveals how their complementary skills drive success—Cori handling client relationships while Dan manages operations—and how franchise ownership offers a different kind of freedom than corporate life.

Text 305-710-0050 to connect with Franchise Insiders for a consultation.

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

What if there was a franchise opportunity with average revenues of $7.8 million that 99% of franchise searchers have never heard about?

In this revealing episode, Bubba Snider shares his transformation from Fortune 200 executive to successful City Wide Facility Solutions franchise owner in Alabama. When the pandemic hit in 2020, Bubba, approaching 50, made the bold decision to leave corporate America behind—a choice he now only wishes he'd made sooner.

Three years into ownership, Bubba provides rare transparency about his entrepreneurial journey: from the initial challenges of wearing multiple hats to building a team and creating sustainable systems. His business model brilliantly simplifies commercial property maintenance by serving as the single point of contact for the 20+ contractors property managers typically juggle, creating exceptional value reflected in his award-winning client retention rates.

We explore the practical realities rarely discussed in franchise conversations: managing accounts receivable, work-life integration, the competitive mindset needed for success, and the powerful community of franchisees sharing best practices. Bubba candidly addresses whether you can keep your day job while starting this business (you probably can't) and why, despite the initial investment and uncertainty, he could never return to corporate life.

Curious about City Wide or other high-performing franchise opportunities that 99% of searchers miss? Text us at 305-710-0050 to discover your potential path to business ownership.

Revenue figures are from the City Wide Facility Solutions 2024 Franchise Disclosure Document. This podcast is not an offer to sell a franchise and may not be available in your state. Please contact us to get access to their FDD.

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

When we bought our Pink's Windows franchise, no one told us the real secret: big commercial accounts are a double-edged sword that could make or break your first year.

Jack and Jill Johnson pull back the curtain on their franchise journey, revealing how they navigated the dangerous gap between commercial payment cycles and the daily cash demands of payroll and operations.

Inside this episode:

• Why their $50K emergency fund wasn't just nice—it was essential survival gear
• The scheduling hack they used to prevent employee burnout while scaling to 2-3 new leads daily
• Their counterintuitive approach to prioritizing same-day cash from residential jobs alongside bigger commercial contracts
• The franchise industries consistently outperforming during economic downturns (backed by their 12+ months of data)

Plus: Why service businesses without heavy material dependency remain recession-resistant—crucial intel if you're considering the franchise path.

The Johnsons don't just share theory—they're in the trenches, building a business that serves their life (not the other way around). Text them directly at 305-710-0050 to continue the conversation.

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

Discover how a former finance professional transformed her career by becoming the owner of The Back Nine Golf, an innovative indoor golf franchise that's revolutionizing the sport.

In this compelling episode, Mercedes Fonte shares her entrepreneurial journey, revealing:

• The pivotal moments that led her from corporate finance to franchise ownership
• How The Back Nine Golf uses cutting-edge technology to create accessible, engaging experiences for golfers of all abilities
• Strategic insights on cash flow management and corporate partnerships that drive business growth
• Her community-first approach that turns customers into loyal advocates

Mercedes offers candid advice for aspiring entrepreneurs on finding the perfect franchise fit and scaling a business efficiently, making this essential listening for anyone considering the franchise path.

Join us to explore the future of indoor golf and discover why it represents an exceptional opportunity for both passionate enthusiasts and business-minded individuals. Subscribe now!

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

Corporate executive turned entrepreneur Robert Dean takes us behind the scenes of his journey with Naturals2Go, revealing how he's transforming the outdated vending industry into a tech-forward healthy food revolution. Learn how his frustration with stale chips and broken dollar slots evolved into a multi-unit operation that's changing what consumers expect from unattended retail.

WHAT YOU'LL DISCOVER

• How Robert identified a massive gap in the vending market by focusing on quality, healthy options when competitors wouldn't
• The unexpected tech revolution happening in vending—from AI-powered inventory management to cashless payment systems
• Why unattended retail is becoming one of the fastest-growing segments in the franchise industry
• The specific challenges of scaling from one machine to a multi-unit operation
• Real numbers on startup costs, time to profitability, and key performance indicators in modern vending

WHY LISTEN NOW

The unattended retail space is experiencing unprecedented growth, with healthier options and advanced technology converging to create opportunity. Robert provides the insider perspective from someone who's already succeeding in this evolving industry.

"I saw broken machines serving stale junk food everywhere I traveled in my corporate career. The opportunity wasn't just to fix a problem—it was to completely reimagine what vending could be." — Robert E. Dean

ABOUT OUR GUEST

Before becoming a multi-unit Naturals2Go owner, Robert spent decades in corporate America, experiencing firsthand the limitations of traditional vending. Now he operates a fleet of next-generation machines that serve premium, healthy options through an experience that feels more like a micro-market than old-school vending.

Share, subscribe, and leave a review to help others discover opportunities in this emerging industry!

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.

Send us a text

🚀 Thinking about investing in a home care franchise? Wondering what it’s like to be a first-year franchise owner? This episode is packed with insights for aspiring senior care franchise owners!

💡 Meet Alanna Clark, a first-year HomeWell Care Services franchise owner who transitioned from finance to home care entrepreneurship. She’s joined by Mike Condon, VP of Franchise Development at HomeWell, to break down what it takes to thrive in this high-demand, recession-resistant industry.

🔹 In This Episode, You’ll Learn:
✅ The realities of first-year franchise ownership – How Alanna grew to 12 clients in under a year
✅ Why compassion + business acumen = success in home care franchising
✅ How franchise support systems like HomeWell help new owners navigate challenges
✅ The importance of competitive employee pay in building a thriving team
✅ Why senior care franchises like Senior Helpers franchise, HomeWell, and Visiting Angels are in such high demand
✅ How franchise flexibility & operational systems empower new business owners
✅ The role of AI & technology in senior care – innovation without losing the human touch
✅ Why working with franchise consultants can help you choose the right home care franchise

💼 Considering a Home Care Franchise? Let’s Talk!
📩 info@thefranchiseinsiders.com
📅 Schedule a Free Franchise Consultation: https://calendly.com/jack-franchiseinsiders

Visit www.weboughtafranchise.com to subscribe.
Send us your questions for an upcoming episode at 305-710-0050.
From your pals in franchise ownership, Jack and Jill Johnson.