40 – Franchisees Beware! Don’t Fall Into the DIY Trap! Critical Advice From the National Franchise Institute

Hello, and welcome to Episode 40 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig welcomes special guest Carolyn Miller, Founder and Principal with National Franchise Institute. Carolyn has worked in the franchise industry for many years. She specializes in development and knowing how to make financially smart site selections. She has enacted site selection deals for franchises like McDonalds, Chipotle and Red Robin. There are so many informative tips in our episode today.

First, we talk about the top mistakes we see tenants making in picking out a space and negotiating a lease. These are things that don’t seem like a bad idea at first. Learn from others’ mistakes before you have to make your own!

Then, we discuss how being in a franchise is better and how it is worse than when you are finding sites and negotiating lease yourself.

The National Franchise Institute is a leader in educating franchisees and guiding them through the leasing process. Thanks for listening and we sure hope this helpful for you today!

Helpful Links:

Click here to visit the National Franchise Institute.

They can also be reached by calling (303) LEADERS.

For more information, be sure to visit LeaseSmart.com

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