Franchise Ownership The Pros and Cons of Buying a Franchise with Jamie Soucy of Pet Planet

In this episode, host Sharon DeKoning sits down with Jamie Soucy, franchise owner of Pet Planet in Lloydminster, to discuss the ins and outs of franchise ownership. Jamie shares her journey into the business, starting from her daughter’s employment at the store to making the leap into franchise ownership. She highlights the benefits of running a franchise, including a proven business model, marketing support, and a strong product guarantee, while also addressing the challenges such as royalty fees, limited independence, and strict franchise guidelines.

Jamie offers valuable insights into what it takes to succeed as a franchise owner, emphasizing the importance of thorough research, financial preparedness, and seeking advice from other franchisees. She also shares practical tips on navigating the franchise agreement, managing day-to-day operations, and balancing personal and professional life as an entrepreneur. If you’re considering investing in a franchise, this episode is packed with essential advice to help you make an informed decision.

About Jamie Soucy

Jamie Soucy is the owner of Pet Planet in Lloydminster, a well-established pet supply franchise dedicated to providing high-quality nutrition and care products for pets. With three years of ownership and a deep commitment to pet health, Jamie ensures that customers receive expert guidance on proper pet nutrition and care. Her journey into franchise ownership was inspired by her daughter’s experience working at Pet Planet, leading her to take over the business when the opportunity arose.

With extensive franchise training in Calgary, Jamie gained hands-on experience in product knowledge, operations, and business management. She has since implemented strategic improvements to store organization and inventory management while benefiting from the structured support of the Pet Planet franchise. Active in the local business community, she is a member of BNI Lloydminster, where she fosters connections with fellow entrepreneurs. Passionate about pets and customer service, Jamie continues to make a positive impact on pet owners and their furry companions.

Resources discussed in this episode:

• BNI Alberta North

—

Contact Sharon DeKoning | It's Time Promotions: 

• Website: itpromo.ca
• LinkedIn: Sharon DeKoning
• Facebook: It’s Time Promotions
• Google: It’s Time Promotions
  
  

Contact Jamie Soucy | Pet Planet: 

• Website: shoppetplanet.ca
• Linkedin: Jamie Soucy