Podcasts Other Diversified Income Experiment | Passive Income Franchising | Aaron Bakken

Franchising | Aaron Bakken

Published: March 5, 2020, 11 a.m.

Today we are joined by Aaron Bakken, a franchise consultant with the Franchise Consulting Company and expert at diversified income. He explains his history with entrepreneurship and diversified income, as well as how fulfilling that lifestyle can be. We discuss everything involved in choosing and buying a franchise, and how to evaluate different opportunities based on what’s best for you. We then talk about the timeline of going into franchising. We also discuss the advantages of franchise ownership, as well as how franchises have a more significant potential for resell-ability.

Aaron’s Background in Entrepreneurship 1:20
Getting Started In The Franchise Process 5:50
Timeline of Going Into Franchise 19:01

“You think about the real value of that, knowing that you step into it with existing contracts that are recurring and long-term. You’re not trying to figure out how to sell the same widget to the next guy every single month. Right? That’s super, super powerful.” 25:05

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Aaron@TheFranchiseConsultingCompany.com
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