The Truth About Franchising- Real Money and Real Risk with Meg Schmitz
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Franchising might be the most overlooked path to financial freedom.
This week, we’re joined by Meg Schmitz, a franchise consultant, business owner, and investor who has spent decades helping people build scalable businesses. From owning five Great Clips locations to becoming a single parent with no financial support, Meg shares exactly how she took control of her financial future and never looked back.
Meg opens up about the moment she realized she had to step up as the decision-maker in her business, how she built confidence through hard choices, and why so many women underestimate what they’re capable of.
We also dive into the real truth about franchising. Not the myths. Not the noise. The actual opportunities available and how to approach them strategically.
Inside this episode, we talk about:
02:00 Building a business after divorce
12:00 What it really costs to start a franchise
18:00 Common franchising myths
22:00 Why more people are turning to franchises
34:00 How to get started in franchising
Meg reminds us that confidence isn’t something you’re born with. It’s built through action, decisions, and learning as you go. Join us for next week’s Money Talks “Franchising 101- Understanding this Model as a Business Investment”. Click here to register for FREE and bring your questions!
Follow & connect with Meg:
- Website
- Instagram: @schmitzmeg
Want to take this conversation one step further? Join us for our next Money Talks, a free 30 minute live session where we’ll dig into a question we hear all the time from women business owners: Budgeting for Businesses to Offer Benefits. Click here to register for FREE and bring your questions!
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