Conversations & Appearances · The LFG Podcast · July 2025

The best franchise conversations usually start when nobody's pitching.

By Rob Lancit

Listen to the Episode Read the Hosts' Recap

I've spent a long time in franchising. Long enough to know that a room full of people who do this for a living can go one of two ways. Everyone spends the hour trying to look impressive, or somebody admits that the job can be hard and the conversation finally gets interesting.

That second kind of conversation is why I appreciated the chance to join the Franchise Development Professionals Fireside Chat on The LFG Podcast from Franchise Assembly.

The episode brought together people from different corners of franchise development to talk about the things that actually matter: finding good candidates, making better decisions, understanding where prospects are coming from, and remembering that behind every serious franchise inquiry is a person potentially changing their life.

That isn't a small decision. A franchise can affect your money, your time, your family, and whatever you've got planned for the next decade. Treating the conversation like a race to a signed agreement is a pretty good way to miss the point.

What happens when experienced franchise people compare notes

There was a real range of experience in the conversation, from candidate quality and lead sources to the challenge of developing business in secondary and tertiary markets.

A theme I keep coming back to is quality over quantity. It's easy to get excited about a pile of leads. It's a little less exciting to ask how many are actually ready, aligned, and right for the opportunity. But that's where the real work happens.

Another theme was something we don't talk about enough: the people doing franchise development can feel isolated. The hosts' recap has me saying many of us feel "like we're on an island all by ourselves." Different brands, different markets, different targets, same questions and frustrations. Get the right people talking openly and you discover you're not the only one trying to figure it all out.

Why Michael Hyam and Liane Caruso matter to this conversation

Michael Hyam and Liane Caruso, the co-founders of Franchise Assembly and hosts of The LFG Podcast, have built an environment around exactly that kind of practical exchange.

Michael knows the event side of franchising. As director of The National Franchise Show, he works in a part of the business where prospective franchise owners and franchise brands can meet face to face. That perspective matters because there is still no substitute for asking good questions and looking somebody in the eye.

Liane approaches franchising from another equally important angle. Through HelloCMO, she helps franchise businesses think through marketing leadership, strategy, and the organizational work required to grow. She also created Hello Mastermind, bringing franchise professionals together for ongoing peer learning and accountability.

Together, they created Franchise Assembly around the idea that franchise professionals can benefit from better training and stronger communities. That's a useful contribution to an industry that sometimes spends too much time talking at people and not enough time learning from one another.

What future franchise owners should take from this

You don't have to understand the entire franchise industry before you start asking questions. You do need to be willing to slow down and evaluate whether ownership fits your circumstances and abilities.

Find people who will explain the process. Ask what being an owner really involves. Look past the polished sales presentation. Understand the investment, support, territory, expectations, and work. And remember that even experienced professionals can learn from other people's mistakes.

I've certainly collected a few of my own.

The people behind the conversation

Who they are, and where to find their work.

Michael Hyam

The value of bringing people together

Michael Hyam works at the intersection of franchise events and franchise growth. He is the National Franchise Show Director and co-founder of Franchise Assembly, where industry professionals learn from one another through events, discussions and practical education.

Liane Caruso

Strategy and community behind franchise growth

Liane Caruso brings more than two decades of marketing experience to franchise leadership. As founder of HelloCMO, she helps franchise organizations access senior marketing guidance. She also founded Hello Mastermind to connect franchise executives through peer learning and accountability.

Franchise Assembly

A place for the industry to learn together

Co-founded by Michael Hyam and Liane Caruso, Franchise Assembly creates educational events, professional development programs and candid conversations for franchise professionals, including The LFG Podcast and Let's Grow! for franchise sales and development professionals.

The original

Watch or listen to the original discussion

  1. E32: Franchise Development Pros Fireside Chat, The LFG Podcast (audio, 62 minutes)
  2. Franchise Assembly's recap of the conversation (published July 28, 2025)
  3. Franchise Assembly events and programs
If you're exploring franchise ownership and want to ask real questions about what to look for, contact Rob. If you came here for the life lessons and occasional questionable decisions, explore the book.
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