Player FM uygulamasıyla çevrimdışı Player FM !
#95 - Franchise Investing 101: Insights and Opportunities with Cliff Nonnenmacher
Manage episode 463600806 series 3455084
In this episode of Passive Income Pilots, hosts Tait Duryea and Ryan Gibson explore the world of franchise ownership with franchise expert Cliff Nonnenmacher. Cliff brings decades of experience as a franchise consultant and serial entrepreneur, sharing insights into how pilots and professionals can invest in or operate franchises to build wealth. The discussion covers everything from initial franchise fees to evaluating opportunities, scaling businesses, and emerging non-brick-and-mortar trends. Whether you’re considering a side hustle or a full-time business, Cliff provides actionable advice tailored to high-income professionals seeking financial independence.
Cliff Nonnenmacher is a veteran entrepreneur and franchise consultant with over 20 years of experience in franchise ownership, business scaling, and investment strategies. A former investment banker, Cliff has managed multi-million-dollar ventures and specializes in helping professionals transition into franchise ownership. He provides guidance on selecting, funding, and operating franchises that align with personal goals, making him a trusted resource for aspiring business owners.
Show notes:
(0:00) Intro
(3:30) Meet Cliff Nonenmacher: Franchise expert
(9:25) History of franchising and its business models
(15:05) Breaking down franchise fees and royalties
(21:44) What makes a successful franchisee
(26:38) Cliff’s free consulting services explained
(32:40) Buying a franchise: Existing vs. new
(39:51) Non-brick-and-mortar franchise trends
(50:38) Surprising revenue potential of service-based franchises
(53:50) Outro
Connect with Cliff Nonnenmacher:
- LinkedIn: https://www.linkedin.com/in/cliffnonnenmacher
- Website: http://www.franocity.com
- Email: cliffn@franocity.com
- Podcast: Pursuit of Profit (featuring franchise founders)- https://franocity.com/pursuit-of-profit-podcast/
—
You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.
Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/
Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots
Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/
Follow us on X @IncomePilots: https://twitter.com/IncomePilots
Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/
Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com
See you on the next one!
*Legal Disclaimer*
The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.
99 bölüm
Manage episode 463600806 series 3455084
In this episode of Passive Income Pilots, hosts Tait Duryea and Ryan Gibson explore the world of franchise ownership with franchise expert Cliff Nonnenmacher. Cliff brings decades of experience as a franchise consultant and serial entrepreneur, sharing insights into how pilots and professionals can invest in or operate franchises to build wealth. The discussion covers everything from initial franchise fees to evaluating opportunities, scaling businesses, and emerging non-brick-and-mortar trends. Whether you’re considering a side hustle or a full-time business, Cliff provides actionable advice tailored to high-income professionals seeking financial independence.
Cliff Nonnenmacher is a veteran entrepreneur and franchise consultant with over 20 years of experience in franchise ownership, business scaling, and investment strategies. A former investment banker, Cliff has managed multi-million-dollar ventures and specializes in helping professionals transition into franchise ownership. He provides guidance on selecting, funding, and operating franchises that align with personal goals, making him a trusted resource for aspiring business owners.
Show notes:
(0:00) Intro
(3:30) Meet Cliff Nonenmacher: Franchise expert
(9:25) History of franchising and its business models
(15:05) Breaking down franchise fees and royalties
(21:44) What makes a successful franchisee
(26:38) Cliff’s free consulting services explained
(32:40) Buying a franchise: Existing vs. new
(39:51) Non-brick-and-mortar franchise trends
(50:38) Surprising revenue potential of service-based franchises
(53:50) Outro
Connect with Cliff Nonnenmacher:
- LinkedIn: https://www.linkedin.com/in/cliffnonnenmacher
- Website: http://www.franocity.com
- Email: cliffn@franocity.com
- Podcast: Pursuit of Profit (featuring franchise founders)- https://franocity.com/pursuit-of-profit-podcast/
—
You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.
Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/
Join our growing community on Facebook: https://www.facebook.com/groups/passivepilots
Check us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/
Follow us on X @IncomePilots: https://twitter.com/IncomePilots
Get our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/
Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com
See you on the next one!
*Legal Disclaimer*
The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.
99 bölüm
Tüm bölümler
×
1 #99 - Turnkey Real Estate: Passive or Problematic? A Deep Dive with Zach Lemaster 52:24

1 #98 - The Right Coverage: Property Insurance Strategies with Valerie Cusano 49:46

1 #97 - Creative Deal Structuring: Smart Real Estate Strategies with Chris Prefontaine 53:27

1 #96 - Airplane Write-Offs, IRS Audits, and Smart Tax Planning with Ryan DeMoor 49:44

1 #95 - Franchise Investing 101: Insights and Opportunities with Cliff Nonnenmacher 53:31

1 #94 - Fail Fast, Succeed Faster: Wealth-Building and Investment Strategies with Christian Schiller 47:51

1 #93 - Stock Market Insights and Tax Strategies for High-Income Earners with Brian Feroldi 55:19

1 #92 - Opportunity Zones for Passive Income: Unlock Tax Savings and Growth with Nathan Sosa 51:28

1 #91 - Interest Rates, Submarkets, and CRE's Future with Spencer Levy 49:12

1 #90 - Balancing Flying, Business Ownership, and Financial Growth with Carl Valeri 49:22

1 #89 - Air Traffic, Pilot Pay, and Airline Economics with A4A's Chief Economist John Heimlich 41:04

1 #88 - Flight Schools and Passive Income: Insights from Gordon Alvord 46:34

1 #87 - The Mega Backdoor Roth and How Pilots Can Maximize Retirement Contributions with Timothy Pope 50:41

1 #86 - Mapping the Skies: The Tech Behind Real-Time Flight Tracking with Ian Petchenik 33:52

1 #85 - Cost Segregation: The Tax Strategy You Can’t Afford to Ignore with Erik Oliver 47:59
Player FM'e Hoş Geldiniz!
Player FM şu anda sizin için internetteki yüksek kalitedeki podcast'leri arıyor. En iyi podcast uygulaması ve Android, iPhone ve internet üzerinde çalışıyor. Aboneliklerinizi cihazlar arasında eş zamanlamak için üye olun.