270. The real numbers behind owning a franchise

What does it actually look like to own a franchise business, and can it stack up financially against a traditional career path?In this episode, Tash & Ana sit down with Angelica, a Baker's Delight franchisee & business owner who purchased her first bakery at 21 after first being a Baker's Delight employee.They get into:🥐 How she structured the purchase and why she prefers buying existing stores over new builds🥐 The real costs and numbers behind franchise ownership🥐 What she looks for when hiring & training staff🥐 Leveraging tiktok to grow her business🥐 Plus how she co-parents her franchise with her ex 👀If you've ever been curious about business ownership as a path to financial independence, or wondered what the numbers behind a franchise actually look like, this one is worth a listen.Follow Angelica on Tiktok & Instagram for some bakery and business BTS 🥖Case Study FormUse the code 'GRSC' to start investing on Pearler with $20 of free brokerage credits 💸@tashinvests@anakresina@getrichslowclub@pearlerhqGet Rich Slow ClubPearlerYouTubeHow To Not Work ForeverDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Tash Invests Pty Ltd is a Corporate Authorised Representative #1317713 of Rask Licensing Pty Ltd. Read the FSG available from https://tashinvests.com/linksPearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.