You've heard of equity partners and operating partners, but what does it look like to be a passive investor in a franchise? Today, I talk with my business partner, Scott Duncan, as we delve into our first experience as passive investors in a franchise model.
Our goal is to put the right people in the right positions in the franchise so we can be completely hands-off in the business. Check out this episode as we document our first-ever completely passive role in a franchise system.
Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.