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Steps to Researching & Exploring Business Ownership: Part I [Video]

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Company Formation

Steps to Researching & Exploring Business Ownership: Part I

All Things Considered Franchising Podcast

Scotty Milas is the founder of All Things Considered Franchising and the owner
of ScottMilasfranchiseCoach.com. With years of entrepreneurial experience,
Scotty started his organization to provide free guidance, education, and
resources to individuals interested in researching and exploring business
ownership. As a franchise consultant coach, he helps people make validated
decisions by understanding their goals and needs.

In this episode, Scotty Milas discusses the first steps to researching and
exploring business ownership. He emphasizes the importance of
understanding your why “before diving into the process.” Scotty says, “Knowing
your why is really important because knowing what you’re trying to
accomplish by leaving corporate America is also important.”

Scotty advises against solely relying on online research and recommends
finding a franchise consultant coach who can provide expertise and
guidance. He highlights the need to think like a business owner and not an
employee when considering franchise opportunities. Scotty also emphasizes
the importance of trust and finding a consultant who listens and provides
transparent feedback. As Scotty explains, “Make up your mind that this is what
you want to do and then reach out and find somebody, an expert, someone
like myself, perhaps it’s somebody that you know or somebody that can be
referred to you to help you and guide you through the process.”

Finally, Scotty concludes by emphasizing that the decision-making process in
franchising is a yes or no, and that “maybe” is not an answer.

Key Takeaways:

-Thinking like a business owner, not an employee, is essential in the decision-
making process.
-Finding a consultant who listens, provides transparent feedback, and builds
trust is important.
-Franchise exploration is a yes or no decision, and “maybe” is not an answer.

Scotty Milas can be reached at [email protected] and at
(860)751-9126.

#allthingsconsideredfranchising #scottmilas #franchiseopportunities
#businessownership #transparentfeedback #franchiseadvice

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