# How to Buy a Franchise: What You Need to Know Before Investing Page: https://stenobird.com/podcast/biggerpockets-money-podcast-793498/how-to-buy-a-franchise-what-you-need-to-know-before-investing Text version: https://stenobird.com/podcast/biggerpockets-money-podcast-793498/how-to-buy-a-franchise-what-you-need-to-know-before-investing.md Podcast: [BiggerPockets Money](https://stenobird.com/podcast/biggerpockets-money-podcast-793498) Published: 2026-09-08T09:00:00+00:00 Episode link: https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/traffic.megaphone.fm/MGEEK9217572749.mp3 Audio file: https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/traffic.megaphone.fm/MGEEK9217572749.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/biggerpockets-money-podcast-793498/episodes/how-to-buy-a-franchise-what-you-need-to-know-before-investing Duration seconds: 3049 ## Resource In this episode of the BiggerPockets Money podcast, Scott Trench is joined by Alex Smereczniak of Franzy to break down  how to buy a franchise, what franchises actually cost, who is best suited for franchise ownership, and how to evaluate the risks and rewards of buying a franchise business. They also explore real-world franchise success stories, passive income potential, and how franchising can fit into a broader financial independence strategy. This episode is brought to you in partnership with Franzy. BiggerPockets Money may receive compensation if you choose to work with Franzy. As always, do your own research and evaluate whether a franchise opportunity is right for your financial situation and goals. To go beyond the podcast: Interested in a Flat Fee Financial Planner? Go to biggerpocketsmoney.com/fipro Interested in Learning More About Buying a Franchise? Check out: biggerpocketsmoney.com/franzy Get 50% Off Your First Year of Monarch by using code ‘Pockets’: https://www.monarch.com/pockets Connect with Alex Smereczniak: https://www.instagram.com/alexfromfranzy/?hl=en We believe financial independence is attainable for anyone no matter when or where you’re starting. Let’s get your financial house in order! Learn more about your ad choices. Visit megaphone.fm/adchoices ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/biggerpockets-money-podcast-793498/episodes/how-to-buy-a-franchise-what-you-need-to-know-before-investing/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/biggerpockets-money-podcast-793498/how-to-buy-a-franchise-what-you-need-to-know-before-investing.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.