Business Franchise Ownership with Jeff Schubert

On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP sits down with Jeff Schubert. Jeff is the owner of three local franchises of Budget Blinds. Budget Blinds offers a wide range of innovative and stylish cordless and motorized window covering solutions.
In this episode, Jeff and Mike discuss the many different facets of owning a franchise. This episode provides an overview of business franchising, how it works, and many of the advantages of franchising. Topics include: franchising vs. owning a business, tax incentives of a franchise, franchise flexibility and freedoms, and prior experience needed.
For more information on Menninger & Associates Financial Planning visit maaplanning.com
Meet Mike Menninger, CFP the host of Financial Planning: Explained
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0:01 - 1:54 Introduction
1:55 - 3:26 Budget Blinds
3:27 - 4:42 Budget Blinds outside these three franchise
4:43 - 6:23 Advantages and disadvantages of owning a franchise
6:24 - 8:46 Business during COVID and holidays
8:47 - 9:15 Installation of product
9:17 - 9:54 Tax credit for Blind installation
11:34 - 12:50 Disadvantages of ZIP Codes
14:53 - 17:39 How does a franchise work
18:23 - 20:42 Budget Blinds advertising
21:13 - 21:53 Budget Blinds warranty
21:53 - 23:10 Who’s paying the warranty costs
23:21 - 24:52 The whole process of Budget Blinds