Former Searcher Opts to Franchise Instead

Jacob Lee signed up for 10 locations in the Scenthound franchise after deciding it was a better opportunity than search. 

Topics in Jacob's interview:

• Why starting franchise locations makes more sense than buying a business
• Return on equity in franchising vs. search
• Getting over pride when choosing to franchise
• How Jacob selected Scenthound from 4,000 franchise options
• Other franchises Jacob considered
• How to analyze a franchise opportunity (especially a young one)
• All about Scenthound - concept, numbers, fees
• Franchising compounds
• How to build 10 units over 4 years (plus the 2 key hires that make it possible)
• Using SBA loans in franchising

References & how to reach Jacob:

• Jacob's Twitter thread cited in the interview
• Scenthound
• Brent Beshore
• Tommy's Express Car Wash
• The Joint Chiropractic
• LinkedIn
• @jacoblee295
• j lee AT scenthound dot com

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Register for a live gathering of SMB, Micro-PE, and ETA owners, operators and investors:

• SMBash

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter