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In this episode of FranchiseU! In The 502, Dr. Kathy Gosser from the Yum Center for Global Franchise Excellence at the University of Louisville sits down with Maggie Harlow, an experienced business leader and franchise owner. Maggie shares invaluable lessons in leadership, the significance of investing in great equipment and hiring the right people, and offers advice for those considering franchising. She also discusses the importance of understanding financials and lead measures, particularly through the lens of her experience during the 2008 recession. Concluding with essential advice for graduates and insights into the pivotal role of relationships in business, this episode is packed with actionable insights for aspiring and current business owners. 00:00 Introduction and Welcome 00:11 Maggie's Business Secrets 01:39 Life Philosophy and Setbacks 02:22 Tips From The 2008 Recession 03:57 Advice for Graduates and Importance of Relationships 04:33 Conclusion and Farewell