Joel Libava's Blog: The Franchise King Blog, page 79

July 5, 2015

What Winning Looks Like In Franchising

winning

If you were to buy a franchise, what would winning look like to you?

Think about it for a moment. What are you seeing? What’s the visual?

What is your visual?

Define Success

What are your goals?

If you decide to pull the trigger, and actually buy a franchise…become an Owner, what would need to happen for you to consider your business to be a winner…to be a success?

Seriously: What would successlook” like like? What would success “feel” like?

What would make the risk you took worth it?

Can...

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Published on July 05, 2015 18:19

July 2, 2015

McDonald’s: They’re Making Their Quarter Pounder Bigger Why?

McDonald's Royale with cheese

I’m not sure if you’re aware of this, but most restaurants in the U.S. are trying like heck to come up with healthier menu offerings for their customers. It’s a good move, since the obesity rates in this country are through the roof. Right?

So, why did the new McDonald’s CEO decide to increase the size of the McDonald’s Quarter Pounder?

I’m so confused.

McDonald’s: They’re Making Their Quarter Pounder Bigger Why?

According to a document CNBC got their hands on, the “new” Quarter Pounder, “I...

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Published on July 02, 2015 08:17

June 28, 2015

You Open Your Franchise And This Happens

2 crickets

The time: Two months after you opened your new franchise business

The place: Your office

Your frame of mind:

panic

The reason:

(See the 1st image)

Those are crickets.

You Open Your Franchise And This Happens

Imagine investing $250,000 on a franchise business.

Really. Imagine it for a minute. Feel it.

Now imagine having no customers.

None.

Nada.

點也不.

никто.

Niet een.

Ninguém.

Niente.

Pas du tout.

Thank you for those translations, Babylon.com

It would really suck.

What would you do?

How would...

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Published on June 28, 2015 22:11

June 23, 2015

Buying A Franchise: Fighting About Money

couple fighting about money

I grabbed the text below from my book, Become A Franchise Owner!

Over the years, I’ve actually been involved in a few mild arguments with prospective franchise buyers who didn’t feel that it was important for me to know about their financial situation. Admittedly, I’m not the most patient person when people who have requested my guidance refuse — for some strange reason — to give me the information I need to do my job properly. I do completely get how some people may be a little leery about...

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Published on June 23, 2015 20:50

June 16, 2015

New Report On Cleaning Franchises Is The Bomb

cleaning it up

One very popular sector in franchising is the cleaning sector. It includes commercial cleaning and residential cleaning. That kind of makes it a double-sector.

Cleaning Franchises

Most of the people I work 1-on-1 with quickly discount cleaning franchises. They think they’ll be the ones doing the cleaning. Or, they just want something sexier.

Now, I would never own a cleaning franchise. I have my reasons. One of them has to do with having to manage employees. Been there-done that. That’s me....

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Published on June 16, 2015 04:19

June 11, 2015

Did Ray Kroc Have A Dark Side?

dark side of ray kroc

I don’t know. But, there sure is a lot of talk going on as of late about Ray Kroc-and his supposed dark side.

That’s because there’s a movie filming about the life of Ray Kroc, the *founder of McDonald’s.

*Kroc wasn’t the founder of McDonald’s. The McDonald brothers were. He purchased the restaurant chain from them.

And, built an empire.

An empire that may not be an empire pretty soon, unless the executive team can get their stuff together.

Did Ray Kroc Have A Dark Side?

Word on the street...

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Published on June 11, 2015 14:36

June 9, 2015

This New Tax Preparation Franchise Concept Will Make You Happy

logo for happy tax franchise

(Sponsored Post)

Happy?

I know. Rarely is the word “happy” used in a sentence that includes the word, “tax.” After all, who in their right mind would ever be happy about preparing their tax returns? Or, happy about payingtheir taxes? I certainly won’t be breaking into my favorite dance (that the kid in the video below stole from me) right before I have to prepare my own taxes.

I’m not alone. Most people dread having to do their taxes. It’s so complicated and time-consuming. Plus the rules (...

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Published on June 09, 2015 05:40

June 6, 2015

Noteworthy In Franchising: June 6th

noteworthy in business

Let’s take a look at some of the more interesting franchise happenings from the 1st week of June. Nothing boring here. Just unadulterated excitement, as you’ll see.

Noteworthy In Franchising: June 6th

It looks like it’s going to end up being the summer of discontent for McDonald’s franchisees….actually, it’s been pretty depressing for franchisees of McDonald’s for the past couple of years. The Wall Street Journal goes into great detail on why McDonald’s franchisees are so angry and so bummed...

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Published on June 06, 2015 17:50

June 1, 2015

Instant Support From A Franchisor Is A Pipe Dream

fast car

All of us want it fast. Instant this. Instant that.

We want our food fast. (Fast food)

We want to get rich quickly.

We want our success to be instant.

We want our high-speed internet service to be way faster than it is.

I want to type faster.

Etc.

A Great Reason To Buy A Franchise

There are a ton of reasons-great reasonsin fact, to buy a franchise.

Read- 22 Reasons To Buy A Franchise

One of them: Franchisor Support

Isn’t that one of your reasons for wanting to buy a franchise?

For example,...

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Published on June 01, 2015 04:58

May 28, 2015

Ask-Carol! A Home-Based Business Focused On Seniors

stand out

(Sponsored Post)

One way to stand out in business these days is to make sure your business has a memorable name.

For example:Ask-Carol!

Another way to stand out in business, specifically in franchising-let’s go deeper, in the senior care sector of franchising, is to offer a franchise opportunity that’s unlike any other.

That’s what Carol and Bill Shockley last year. (2014)

Keep reading, so you can learn more about this low-investment home-based franchise business opportunity that has a very...

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Published on May 28, 2015 04:05

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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