Joel Libava's Blog: The Franchise King Blog, page 50

Franchising is Good.

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Franchising is so good, it’s been called one of the greatest business models ever invented. (Video clip courtesy of Young Frankenstein and YouTube) It’s enabled hundreds of thousands of people to become small business owners. Take Subway® for example. Do you have any idea how many Subway franchise owners there are across the world? So […]

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New Home-Based Franchising Report Released

New Post From The Franchise King®

A new report on home-based franchising was just released by Franchise Direct. And it’s a good one. In addition, not only are the different home-based franchise categories discussed, the report offers tips on how to survive working out of your home. Like this one from Anne Daniells. “You need to take a physical and mental […]

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Should Franchise Business Reviews Be Trusted? Or Are They…

New Post From The Franchise King®

A question concerning how much you should trust franchise business reviews is worthy of an answer. Especially if you’re smack dab in the middle of looking at franchise business opportunities, and you need factual answers before you plunk down a couple hundred thousand dollars. After all, you just want the truth, right? You want to […]

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Do Not Meet Franchise Owners In-Person Until You…

New Post From The Franchise King®

When it comes to making a smart choice on a franchise to own, one of the most valuable things you can do is meet with franchise owners face-to-face. That’s because there’s nothing like asking a question about what’s it’s like to own the franchise business you’re interested in-and getting the answer first-hand. After all, who […]

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E-Cigarette/Vaping Franchises. Really?

New Post From The Franchise King®

(This post has been updated to reflect current trends and news about vaping.) Here they come. Vaping Franchises. Someone’s going to do it. E-Cigarette franchises may soon be in your neighborhood. Soon, an entrepreneur will open an E-Cigarette store and turn it into a franchise business. Then someone else will. And so on. I can’t […]

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Franchise Profitability: Can You Make $100K As A Franchisee?

New Post From The Franchise King®

Would you like to make $100,000 as a franchisee? Can you make $100k? Let’s find out. Franchise Profitability And The FTC When it comes to franchise profitability, the Federal Trade Commission (FTC) has very strict requirements for franchisors about how they can present earnings statements (claims) to prospective franchisees. For instance, if a franchisor chooses […]

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Sooner Or Later, All Franchise Buyers Do This

New Post From The Franchise King®

Before I share what it is that all franchise buyers do, I need to tell you who I’m referring to when I say “franchise buyer.” A franchise buyer is someone who’s made a decision to buy a franchise. In this case, as you’ll see, a specific franchise. In contrast, a franchise-seeker is someone who’s “searching” […]

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Looking To Buy a Franchise? Are Your Expectations Realistic?

New Post From The Franchise King®

I’m finding that a lot of would-be franchise owners have unrealistic expectations. Some of these expectations have to do with the business model of franchising itself. The “Business in a Box” mentality. In addition, a lot of today’s franchise buyers are expecting to get excited about the franchise opportunities they find. Like really excited. Finally, […]

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Franchising: 3 Essential Goals You Need To Hit In Year #1

New Post From The Franchise King®

(Guest post) People say that starting from scratch is never easy. This is an especially vocal concern when you are starting out on your own as a new business owner.  Franchise ownership will help you build on an existing business model as well as interact with a known and trusted brand. Rather than starting from […]

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Why I Closed Franchise Business University

New Post From The Franchise King®

I love being an entrepreneur. In addition, I also love the fact that I’m fairly web-savvy. It enables me to implement most of the ideas that randomly enter my brain. Brain GIF from Brain GIFs 3 years ago, one of those ideas got in. It was this: Capitalize on the growing interest in online courses […]

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