Joel Libava's Blog: The Franchise King Blog, page 23

Cheba Hut Toasted Subs Review: ‘High’ On The List Of Sandwich ‘Joints’

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The message from the owners of the Cheba Hut Toasted Subs franchise chain is crystal clear: “If you have the munchies, you’ve come to the right place.” Okay. Maybe that’s not their message. But the décor of Cheba Hut franchises near and far, along with the colorful names of some of their menu items scream […]

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The 2024 Top 100 Global Franchises From Franchise Direct

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In an ever-evolving economic and small business landscape, where innovation, adaptability, and just plain smarts reign supreme, the allure of franchising continues to captivate aspiring franchise owners from around the globe. Whether you’re a seasoned small business owner seeking your next great opportunity, or an aspiring owner, this comprehensive Top 100 Franchises list from Franchise […]

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Should Your Franchise/Small Business Be An LLC?

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Deciding on the right structure (business entity) for your new franchise or independent business can feel like a giant puzzle with way too many pieces. But you’re not alone. That’s why I decided to talk about setting up an LLC for a franchise or other business type. And you’ll be glad I did. Note: this […]

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The Top 10 Reasons To Pay Legal Fees To A Franchise Attorney

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Franchise business ownership is an exciting endeavor that offers you the opportunity to leverage a proven business model. But there will be legal fees involved (if you do it right). That’s because some aspects of franchising can be complex. Especially the FDD and the Franchise Agreement (contract). That’s why you need guidance from an experienced […]

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Can You Use Your 401K To Start A Business?

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Are you dreaming of becoming your own boss and starting a business? Many aspiring entrepreneurs consider various options to fund their ventures, and one question that often arises is whether they can use their 401k plan to start a business. The answer: yes you can! If you’re qualified, you can use some of your retirement […]

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Franchising And Your Family

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In this post, I’m going to focus on franchising and your family. That’s because it’s something that’s not talked about nearly enough by people looking to buy a franchise-and those who offer franchise opportunities for sale. A Promise From Me: Buying And Owning A Franchise Will Affect Your Family Your decision to own a franchise…to […]

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McDonald’s Ridiculously High Prices Are Hurting It’s McSales (Duh)

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(Image created with Google Bard AI) McDonald’s missed its first quarterly sales mark in nearly four years. And I’m not surprised. Why? Because of McDonald’s high prices. In this case, consumers (including me) are sick of paying $5.69 for a shrunken Big Mac, and $5.04 for a Large Fry. But there’s more to the story. […]

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CosMc’s: McDonald’s Officially Blasts Off With Their Bold New Fast Food Concept

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Hold your fries, because McDonald’s just blasted off straight into the world of trendy drinks, and its name is CosMc’s. CosMc’s from the McDonald’s corporation is a bold, beverage-forward spin-off that isn’t just serving nostalgia with the return of the 80’s mascot; it’s whipping up a storm of flavor and customization that’s got millennials and […]

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Why Did This Franchise Opportunity For Veterans Lose Almost 300 Franchisees?

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Note: I have some strong opinions about this. Especially since this particular story concerns our Military Veterans. The information I’m sharing here can be easily found online, as it’s in the public domain. The second thing I need to tell you is franchising has been a huge part of my life for 23+ years. I […]

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The Top 6 Plumbing Franchises Of 2024: Should You Buy One?

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This updated post on plumbing franchises is a two-parter. The 1st part lists the top 6 plumbing franchise opportunities of 2024.  The 2nd part offers my take and advice on whether or not you should own and operate a franchise plumbing business. Specifically, would buying a franchise business that focuses on plumbing and drains-drain your […]

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