Franchise Maven
Welcome to "Franchise Maven," where I navigate the exciting world of franchising. Whether you're an aspiring or seasoned entrepreneur seeking the perfect franchise or a business owner looking to scale up, this show is for you.
Tom Gledhill Increasing Business Value
Greg Mohr engages with Tom Gledhill to delve into his background and the inspiration behind his business ventures. Tom shares insights on his initial successes and the challenges encountered in selling small businesses. They discuss innovative AI solutions designed for unsalable businesses and Tom's plans for scaling and franchising using AI. The conversation highlights the evolving role of AI in business and strategies to enhance business value through employees and systems. Tom outlines his criteria for business ventures and provides contact information for further inquiries. https://xitplus.com/ https://calendly.com/xitpros [email protected]
Key Points
- Increasing the value of a business is crucial for making it more attractive to potential buyers, and often involves improving systems and training employees effectively.
- Many small businesses face challenges in selling due to high owner expectations and the owner's central role in the business, making it non-transferable.
- Implementing artificial intelligence can significantly enhance business operations, making them more efficient and scalable, which can ultimately lead to successful employee buyouts or sales.
Chapters
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Transcript
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