In this episode, Erik is joined by Peter Hansen and David Schuck.
Both entrepreneurs are franchisees with Club Pilates and are growing rapidly but one is doing it by bootstrapping and the other is growing through private equity.
The group discusses the pros and cons of bootstrapping a business versus raising money from investors.
They take a look at the different approaches and the potential benefits and drawbacks of each.
Whether you’re just starting out or you’re looking to scale your existing business, this video will provide valuable insight into the different paths you can take to grow your company. So, if you’re ready to learn more about bootstrapping and fundraising, hit that play button and let’s dive in!
Enjoy this episode of Franchise Secrets!
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Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you’re a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.