Joel Libava's Blog: The Franchise King Blog, page 63

3 Words That Will Put The Kibosh On Your Franchise Dream

These days, there are lots of things that can put the kibosh on your dream of owning a franchise.

In this franchise blog post, I’m going to go over one of them.

Warning: If you’re low on funds, you’re not going to like this post.

 

Need A Loan For A Franchise?

90% of the people I work with end up getting a small business loan for their franchise business startup. You probably will to.

But you won’t be able to get your business loan approved unless you have something that’s very, very importa...

3 Pieces Of Unimpeachable Franchise Advice You Can Take To The Bank

All of us, at some time in our lives, need advice.

But we have to get it from the right source.

Because not all sources are created equal. Some sources are good; some are not. Obviously.

Another key point you need to realize: Your source may have an agenda, and that agenda may involve money.

That’s not always bad. It just depends on the ethics and the transparency of your source. And the true value of the advice. Does that make sense?
 

My Agenda

Admittedly, I have an agenda. And it’s a tw...

Franchise News: #COVFEFE Franchise Launching Soon

For Immediate Release

Franchise News Alert, Washington D.C., June 2, 2017
— (Courtesy of The Franchise King.com)

Saying he knew he was probably on his way out, White House Press Secretary Sean Spicer has decided to go the entrepreneurial route-and will soon be launching a brand, spanking new franchise concept.

“It’s pretty obvious that the writing is on the wall-and not just for me. Reince, Jared, Ivanka, and maybe President Trump himself could be gone soon. That’s why I’ve decided to start...

Small Business And Franchise News Updates For May

Check out the small business and franchise business news updates for May. They’re listed below.

 

Small Business News

A report released today by the U.S. Chamber of Commerce and MetLife suggests a majority of small business owners are optimistic about their businesses and are looking to hire. Read more

It looks like the Trump administration will try to dismantle part of the Affordable Care Act that created online insurance marketplaces for small businesses and tried to foster a greater choice...

Why Paying The Franchise Fee Changes Everything

If you’ve been investigating franchise opportunities for a while, you know how much information gets thrown your way.

Even the most organized people can get overwhelmed during the franchise searching/researching/purchasing process.

But here’s the thing; the information being sent your way is kind of like the appetizer portion of a fancy 4-course dinner.

From Dictionary.com:

Appetizer

[ap-i-tahy-zer]

“A small portion of a food or drink served before or at the beginning of a meal to stimulate...

Small Business Loans: How To Get One

(This detailed “how-to get a small business loan” article – written by Kate Williams, Ph.D., first appeared on ConsumerAffairs.com. Used with permission)

 Introduction

According to The SBA Loan Book: “The Complete Guide to Getting Financial Help Through the Small Business Administration,” over 99 percent of all business entities in the US are small businesses. These businesses represent over half of the private workforce and the private-sector output and over 40 percent of all private comme...

Why You’re Going To Feel Depressed After You Buy A Franchise

Sounds crazy right?

Why, would you be depressed after you buy a franchise?

One would think you’d be feeling like this:
 

via GIPHY

And you will. For a little while.

Then something else happens.

For some crazy reason, you end up feeling like this:

(Depressed)

 

Why You’re Going To Feel Depressed After You Buy A Franchise

First of all, I need to nip something in the bud-right now.

When I say “You’re going to feel depressed,” I’m not talking about major (clinical) depression. That can be a ver...

Clean Up With Today’s Cleaning Franchise Opportunities

I’m puzzled by something. (Which, according to my wife and child, happens pretty often.)

In particular, I’m puzzled by the lack of interest (by most of my clients) in cleaning franchises. But I think I know why.

Keep reading, so you don’t miss out on a good potential opportunity.

 

Cleaning Franchise Opportunities Are Dirty

Rather, the work is dirty. Obviously.

But, what if I told you that in almost every case, when you are the owner of a cleaning franchise, you won’t be the one doing the cl...

Top 10 Features Every Small Business App Should Have

(This is a guest post from Andrew Gazdecki, founder of Bizness Apps)

Every town needs a burger joint, an insurance guy, and a convenience store. At some point, everyone needs to grab a quick meal, and the local fast food place is where they go.

But the truth is, there’s more than one burger place in town, convenience stores are located on every corner, and the local insurance agent is now one in a handful of people.  The fact is, if you own one of these types of franchise businesses, you nee...

Why The Franchise Article I Just Read Is So Alarming

45 seconds. That’s about how long it took me to decide to write this franchise article-which is in response to a franchise article I just read that’s so alarming.

The article* “7 Unique Franchise Opportunities With A High ROI,” should have never been written. Let me explain why.

 

ROI

I’ll get into why the article I just read is so alarming…and so misleading, after I show you this.

“This,” being a real quick lesson on what ROI is.

From Investing Answers:

“Return On Investment (ROI) measures...