Joel Libava's Blog: The Franchise King Blog, page 14

The Franchise Business System: Promise vs. Reality

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One of the most compelling reasons to consider the franchise business system as a business model is its structure, aligning closely with the principles outlined in The E-Myth Revisited, one of my favorite business classics that emphasizes creating systems over working tirelessly within the business. In franchising, the theory is that you aren’t alone in […]

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Tropical Smoothie Cafe Gets New CEO

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Tropical Smoothie Cafe, a leader in the fast-casual dining sector, has announced a significant leadership change. They now have a new CEO. Max Wetzel, a seasoned veteran in the restaurant industry known for steering growth at major quick service brands, has been appointed as the new Chief Executive Officer (CEO). Wetzel takes over CEO duties […]

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What Is A Franchise Consultant? The Ultimate Guide For 2025

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In this post, I’m going to answer a question I’m often asked: “Joel, what is a franchise consultant?” And who better to answer that question than someone who WAS a franchise consultant for years…me.   Stick with me, because there’s a lot to learn about the lucrative world of franchise consulting in 2025. Including a few […]

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Honoring Veterans: Celebrating National Veterans Small Business Week 2024

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As National Veterans Small Business Week (NVSBW) approaches, the U.S. Small Business Administration (SBA), led by Administrator Isabel Casillas Guzman, is gearing up for a series of events from November 11-15, 2024. This annual celebration highlights the entrepreneurial spirit of our military veterans, service members, and military families who significantly contribute to the small business […]

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Franchise Bookkeeping: Why Every Franchisee Needs a CPA

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Although franchise bookkeeping may not be the most exciting part of being a franchisee, it’s necessary! I’m talking about managing taxes and accounting. Tasks that might not be your strong suit. But that’s okay – you can always seek help with your franchise accounting from a Certified Public Accountant (CPA). But how exactly can a […]

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Paris Baguette’s Sweet Success Includes Rapid Franchise Unit Growth

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Check out this story about Paris Baguette’s success as a global bakery-café. For starters, this food franchise now has over 4,000 locations worldwide, and is experiencing phenomenal growth in North America. Boasting nearly 190 bakery cafés across the U.S. and Canada, the brand continues its impressive expansion. In the third quarter alone, 32 new cafés […]

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Upcoming Franchise Expo Austin Features 125+ Franchises

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Get ready, Texas entrepreneurs! The time is now. MFV Expositions and Comexposium, renowned leaders in connecting the franchising world with eager franchise business enthusiasts, are gearing up for their next big event: Franchise Expo Austin. Franchise Expo Austin: November 15-16 Scheduled for November 15-16 at the Renaissance Austin Hotel, this much-anticipated expo promises to be […]

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How Much is a McDonald’s Franchise? (2025)

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“Joel, how much for a McDonald’s franchise?” “How much does it cost to buy a McDonald’s?” “Joel, I’m curious. How much is a McDonald’s franchise?” And so on. All variations on the questions people ask me about McDonald’s. And I’ve been asked these questions hundreds of times over the year. Ok. maybe not hundreds. But […]

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How The Melting Pot Restaurant Franchise Is Driving Growth In A Big Way

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The Melting Pot restaurant, a popular 92-unit fondue franchise, has recently concluded a quarter marked by celebration, transformation, and recognition. Melting Pot Restaurant Franchise: The ‘Convert Your Restaurant’ Incentive One thing that’s working to grow the Melting Pot restaurant franchise is the “Convert Your Restaurant” incentive. This new franchisee incentive provides a compelling opportunity for […]

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What Are The 23 Items Contained In A Franchise Disclosure Document (FDD)?

New Post From The Franchise King®

A Franchise Disclosure Document (FDD) always includes 23 items that provide essential information about the franchise opportunity. These items are standardized by the Federal Trade Commission (FTC) in the United States. However… The 23 items in the FDD are not verified. What? Huh? That’s right. Although the U.S. government (via the Federal Trade Commission), requires […]

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