Joel Libava's Blog: The Franchise King Blog, page 66

The Top 10 Alternative Facts About Franchising

Thank you Kellyanne Conway. “Alternative Facts”, the ridiculous term you coined, immediately made me think of all the alternative facts that exist with regards to franchising. I just came up with what I consider to be the top 10. Enjoy!

 

You ready?

 
 

Here Are The Top 10 Alternative Facts About Franchising Franchising is the perfect business model for anyone wanting to be their own boss It’s next to impossible to fail as the owner of a franchise Owning a franchise business is less-risky...

New: The Top 10 Alternative Facts About Franchising

Thank you Kellyanne Conway. Your “Alternative Facts” and the increasing number of memes around those two very special words, is the reason why this franchising article exists.
 
 

 
You ready?

New: The Top 10 Alternative Facts About Franchising Franchising is the perfect business model for anyone wanting to be their own boss It’s next to impossible to fail as the owner of a franchise Owning a franchise business is less-risky than starting an independent business Franchise businesses are tu...

Joan Kroc: The Mighty McDonald’s Multimillionaire Who Couldn’t Stop Writing Big Checks

There are so many things I didn’t know about JoanKroc. That’s probably becauseof her entrepreneurial husband, Ray Kroc. He was the one who was always in the spotlight. Because McDonald’s.

Here’s why I now know a heck of a lot about Joan Kroc, the mighty McDonald’s multimillionaire who couldn’t stop writing big checks.

This new book, written by Lisa Napoli, tells the Kroc story. The real one. And, it’s a good book.

(Disclosure: I received a review copy of Ray & Joan from Dutton, who publish...

A Franchise Opportunity In The Exploding Mobile Device Market

(Sponsored Post)

If you’re looking to buy a franchise, I’d like you to take a look at a franchise opportunity that’s part of the exploding mobile device market. Start by checking out a few mobile device/smartphone stats.

From a 2016 report by Deloitte:

“We expect the practice of selling smartphones could well accelerate through 2020 as both consumers and suppliers increasingly embrace the practice of selling or acquiring second-hand smartphones.”

Here’s my translation of that prediction:

Mo...

Refurbished

(Sponsored Post)

From a 2016 report by Deloitte:

“We expect the practice of selling smartphones could well accelerate through 2020 as both consumers and suppliers increasingly embrace the practice of selling or acquiringsecond-hand smartphones.”

Here’s my translation of that prediction:

More and more consumers (and small businesses) will get comfortable with the idea of replacing their mobile devices with second-hand refurbishedones. And why not?

After all, refurbish means, “To make clean, b...

The Part of Owning A Franchise No One Talks About

There is a whole range of issues that must be dealt with when you make the decision to move forward on the franchise opportunity you’ve been investigating. In this post, I’m going to focus on the part of owning a franchise no one talks about. (Hint: Look at the picture above)

Owning A Franchise

When it comes to owning a franchise, there are lots of things you can do to increase your chances of success.

You have to makea good choice in a franchise You have to make sure you can afford it You...

January Franchise News And Small Business News

(A Cryotherapy booth)

Here are the latest January franchise news and small business news stories.

January Franchise News

Just in time for winter’s worst months, ChillRx cryotherapy treatment center just announced that it’s launching a strategic and aggressive U.S. franchise growth initiative. Check out their plans in this story from MyCentralJersey.com.

The price tag; $2 billion. What’s being sold for that amount of money? A stake in McDonald’s of China.

According to this op-ed from a franc...

Because Of Them: Part 2 Of My Personal Story

In Part 1 of this post, I shared who and what influenced me as a youngster.

The people I looked up to most during my younger years were entertainers. The best of the best in my view. They were the ones who had a huge impact on me-and the way I expressed myself then-and now.

When I reached my mid-teens, other types of people influenced me. As a matter of fact, they helped me get to the place I reside now; the world of small business.

Because Of Them: Part 2 Of My Personal Story

At the age of...

Will President Trump Disrupt Franchising?

There’s a new Administration in town, and with it, a fear that’s palpable-nationwide. Worldwide actually.

A lot of people are worried that Trump will really screw things up.

But not in my industry. The world of franchising (for the most part) is pretty darn excited that Donald Trump is going to be our 45th President. Are you?

Or will President Trump disrupt a lot of things-including franchising? Let’s find out now.

The Donald

Trump is a Republican. (Supposedly) At least he ran as one. But...

21 Powerful Entrepreneurship Quotes Guaranteed To Perk You Up

Sometimes, we need help…we need a little push, to help us get where we want to go. To help us hit our goals.

I don’t know how it is for you-but powerful quotes like the ones on entrepreneurship I’ve chosen below, really perk me up. They energize me like a steaming cup of Starbucks coffee. I hope they’ll do the same for you.

21 Powerful Entrepreneurship Quotes Guaranteed To Perk You Up

By startupofyou – Flickr: Reid Hoffman, CC BY 2.0, Link

“All humans are entrepreneurs not because they sho...