Joel Libava's Blog: The Franchise King Blog, page 43

February 24, 2021

Is This Social Franchising Idea Too Good To Be True?

New Post From The Franchise King®

social franchising

Social franchising, on a purely spiritual level, is a beautiful idea. On paper, I’m not so sure. Why is that?

Because people with a lot of wealth, in this case, philanthropic investor partners- have their limits. Let me explain.

 

Social Franchising And Everytable

Everytable is a 5-year old grab-and-go restaurant business located in Los Angeles.

social franchising

(Everytable social franchise image courtesy of their Facebook Page)

Their mission:

To tran...

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Published on February 24, 2021 05:47

February 22, 2021

Wax On Wax Off: The LunchboxWax Franchise Opportunity

New Post From The Franchise King®

LunchBoxWax Wax Business employee speed waxing

Recently, as I was bopping around online, I ran across a business called “LunchboxWax.” Strange name, right? But check out what this rather unique franchise business does.

The LunchboxWax® wax business is an automotive franchise where customers bring their vehicles in for a one-hour high-quality wax while they wait. Now this is where it gets interesting.

Evidently, customers are encouraged to bring in their own food to eat or they can order lunch/dinn...

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Published on February 22, 2021 07:54

February 12, 2021

3 Free Tools To Help You With The Franchise Buying Process

New Post From The Franchise King®

the franchise buying process

Before you begin the franchise buying process, you need to do a few basic things.

The first thing you need to do is determine why you want to become a franchise owner.

Is it to become rich ?Are you sick and tired of working for others?Have you always wanted to own a business?Another reason?

Next, you need to determine your risk tolerance.

Once you’ve nailed that down, you need to make sure franchise ownership is the right way for you to go.

Th...

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Published on February 12, 2021 05:52

3 Free Tools To Help You In The Franchise Buying Process

New Post From The Franchise King®

the franchise buying process

Before you begin the franchise buying process, you need to do a few basic things.

The first thing you need to do is determine why you want to become a franchise owner.

Is it to become rich ?Are you sick and tired of working for others?Have you always wanted to own a business?Another reason?

Next, you need to determine your risk tolerance.

Once you’ve nailed that down, you need to make sure franchise ownership is the right way for you to go.

Th...

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Published on February 12, 2021 05:52

February 4, 2021

A Franchise Opportunity With A Unique, Built-In Income Stream

New Post From The Franchise King®

Residual Income Stream franchise opportunity

(Sponsored Post)

Before I tell you about a franchise opportunity that offers a unique, built-in residual income stream for its franchisees, I want you to play a quick little game with me.

 

A Numbers Game

Let’s play the game.

I’m going to ask you a question, and I want you to respond to it with a number. Here it is:

On a scale of 1-10, with 10 being “excellent,” and 1 being “not very good,” what number best describes your sales ability?

I...

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Published on February 04, 2021 06:28

February 1, 2021

What Wong Taught Me About Showing Up, Grinding It Out, And Working Hard

New Post From The Franchise King®

grinding it out

Immediately after I came up with the title of this post, I did a search for the definition of “grinding it out.” I’m embarrassed to tell you that one of the things that appeared was the title of a book written by Ray Kroc. Yes, that Ray Kroc. The founder* of McDonald’s. My bad. I should have read that book a long time ago.

*Kroc was not really the founder of McDonald’s. The McDonald brothers were. Ray was the guy who turned the business into the franch...

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Published on February 01, 2021 14:08

January 26, 2021

Meet Melissa Tash, Head Of The Spoiled Rotten Photography Franchise Organization

New Post From The Franchise King®

spoiled rotten photography franchise logo

(Sponsored Post)

My gut tells me that Melissa Tash, the creator of the Spoiled Rotten Photography franchise opportunity, is on the right track. Why?

Maybe if I show you…

childrenphoto franchisesimages of pre-school children

I saw you smile.

And smiling is what Spoiled Rotten Photography is all about. Well, creating them actually.

How?

(This is where I have Melissa share her story, her vision, her business model, and potentially an opportunity for you to get into a unique, low-investment and fu...

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Published on January 26, 2021 08:08

January 21, 2021

Why You Need To Find Unhappy, Extremely Frustrated Franchisees

New Post From The Franchise King®

an unhappy franchisee

Because I said so. Kidding!

Actually, when you’re buying a franchise, you need to find unhappy franchisees as part of your research. It’s the best way to avoid missing something about the business.

In addition, you always want to make sure you hear both sides of the story.

What story?
 

Find Unhappy Franchisees To Get The Real Story

If you’ve been reading my blog posts on how to do franchise research, you know how I feel about the importance of calling and visi...

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Published on January 21, 2021 19:53

January 17, 2021

Can Buying A Six Figure Job Keep The Monkey Off Your Back? [With Updates]

New Post From The Franchise King®


is it okay to buy a job

In this post, I’m going discuss whether or not it makes sense for you to buy a job. But first, I need to explain what I mean about “buying a job.”
 

Definition

The definition of buying a job is as follows:

To invest money, upfront, in order to secure a position of employment. To buy a business in which you are the person doing the work-but it’s a business instead of a job that has an employer.

Is It Okay To Buy A Job Like This?

If you could parlay a $10,000 i...

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Published on January 17, 2021 13:16

Is Buying A Six-Figure Job All That Bad? [With Updates]

New Post From The Franchise King®

is it okay to buy a job

In this post, I’m going discuss whether or not it makes sense for you to buy a job. Let me explain what I mean about “buying a job.”
 

Definition

The definition of buying a job is as follows:

To invest money, upfront, in order to secure a position of employment. To buy a business in which you are the person doing the work-but it’s a business instead of a job that has an employer.

Is It Okay To Buy A Job Like This?

If you could parlay a $10,000 investment into a...

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Published on January 17, 2021 13:16

The Franchise King Blog

Joel Libava
The first blog in franchising. The Franchise King Blog is owned and operated by Joel Libava. It features helpful articles on franchising along with hot tips and the latest franchise news and informati ...more
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