Joel Libava's Blog: The Franchise King Blog, page 27

Should Your Small Business Be An S-Corp?

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These days, it’s pretty common to set up an S-Corp for a small business. For instance, my small business is an S-Corp. And thanks to my friend, Sue, I had it changed from an LLC years ago. And I’m glad I did. Why? Because I can pay myself what’s considered to be a reasonable monthly […]

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Choosing A Franchise To Invest In: The Do’s and Don’ts

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Before I teach you the do’s and don’ts of choosing the best franchise to invest in, I want to share something my dad told me. Dad: “There’s a right way and a wrong way to do this, Joel.” Me: “I know…I know.” But did I? Or did I say “I know” because I didn’t want […]

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I Was Booted Off Twitter, And The Timing Couldn’t Be Better

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I joined Twitter in 2007. I was suspended from Twitter in 2023. And? Why I Was Suspended from Twitter I was booted off Twitter for not following their rules. What rules? I’m not sure. The company didn’t offer specifics. So I appealed it. And their response was not human-like. It was probably a robot specializing […]

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How Do You Cultivate a Winning Entrepreneurial Mindset?

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To help you cultivate a winning entrepreneurial mindset, the team at Featured has gathered fourteen insightful responses from CEOs, entrepreneurs, and other industry leaders. Here are their thoughts, in order: Do It Like A Squash Player Take the Squash Player’s Approach Cultivating a winning mindset as an entrepreneur, for me, is a lot like playing […]

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Summer Franchising News Updates

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Here are some of the latest franchising news updates. Some of them involve franchise business news and/or announcements, while some of the items below feature industry news and comment. Enjoy! Franchising News Updates The folks over at Small Business Trends lists a dozen or so franchises you can buy for under $10k. In reality, it’s […]

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The 7 Habits Of Highly Successful Business Owners

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Are you ready to tap into your strengths and become a highly successful business owner? Great! In this post, I’m going to go over the top habits of super successful business owners. Your job? Adopt them and succeed at this! Let’s begin. Our Always-Changing World Of Business In the dynamic world of business, particularly small […]

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Uncovering Opportunities: 15 Questions To Ask A Franchisor

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Do you know what questions to ask a franchisor? If so, if you feel confident that you know exactly what questions you’re going to ask the Franchise Development Representative at headquarters, you can skip this post. Good on you. But if you don’t know what franchisor questions you should be asking, or if you’ve only […]

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GoDog Goes Big

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GoDog, a new pet franchise, has entered the market. And the company is actively pursuing nationwide expansion, with a focus on key target markets across the US. One more thing: Amy Nichols, a pet industry veteran, just got involved. About GoDog Founded in 2018 by Jess and Ben Eberdt, GoDog is a premier name in […]

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Auntie Anne’s Franchise: World’s Largest Soft Pretzel Business (Updated)

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(Sponsored Post) When I visit the Auntie Anne’s franchise nearest me, I always go for the Cinnamon Sugar pretzel. I also tend to snack on them when I’m at an airport between flights. What’s your favorite Auntie Anne’s®  soft pretzel? Inquiring minds want to know. In the meantime, here’s some information about the world’s largest […]

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10 Tips For The Right Work-Life Balance As A Franchise Owner

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Your work-life balance as a franchise owner can be exciting and rewarding. But it also comes with its fair share of challenges. Ups and downs. In my experience as a Franchise Ownership Advisor, one of the most common difficulties faced by franchisees today is finding a good balance between their work life and personal life…and […]

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