How to Run a Franchise Business Part Time ⌛👩💻
Ryan Zink, Franchise Sidekick Founder & CEO, has been a franchisee for nearly 20 years. He's owned 20 locations across 4 brands, founded and sold multiple companies, and he still has time to live life on his own terms. How? Semi-absentee ownership! In this video, Ryan breaks down how he is able to run franchise businesses part-time using his STIC person system. Want to learn more about finding your STIC people? Watch our video below: 👉 • How to Create a Successful Business Partne... 00:00 Introduction 00:19 What is Semi-Absentee Ownership? 00:42 Why is it Controversial? 01:01 Who Determines Semi-Absentee Ownership? 01:34 Example: Anytime Fitness 03:34 Mistake to Avoid 04:15 How Ryan Runs 5 Locations for 3 Hours Per QUARTER 05:30 The STIC People System 07:19 Example of Manager Compensation Package 08:02 Long-Term Incentive 08:33 Ryan's Rules for Equity Partnerships 09:33 5 Tips for Daily Management Structure

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