Joel Libava's Blog: The Franchise King Blog, page 80

Buying A Franchise: What To Do When You Get The Special List

You’ve been eyeing the 1-800-Cut-My Damn-Dead-Tree-Down franchise opportunity for a couple of months.

It’s right up your alley. You love working outside. You hate working in a cubicle. This could be your chance to escape the corporate life. To finally own what you do. So, you start learning about the franchise. You start to understand what your role would be as a franchisee. It’s a fit. Next up: Franchise research. But how? How do you do franchise research? How do you do the type of research...

Twin Peaks Revokes Waco Franchise License In Record Time

There are approximately 75 Twin Peaks restaurant franchises up and running throughout the U.S.

The one in Waco, Texas, is now the most famous one.

That’s because there was a shoot-out in the restaurant franchises’ parking lot. A big shoot-out.

From USA Today:

Waco, Texas- An explosion of violence between rival gangs over the weekend left nine people dead and led to the arrests of 170 people.

It all (allegedly) started in the Twin Peaks restroom.

Twin Peaks Revokes Waco Franchise License In...

Your Local SBDC Is A Great Free Franchise Resource

A great free resource could be located a few miles from where you’re sitting.

Free is good. Right?

Allow me to introduce you to a wonderful business resource that you may not know about.

The SBDC.

What Is An SBDC?

SBDC’s provide free educational services for small business owners and aspiring entrepreneurs.

Small Business Development Centers (SBDC’s)are hosted by several leading universities and state economic development agencies. SBDC’s are funded in part through a partnership with the U....

Franchise Research Tip: Spend A Day With A Franchisee

One of the best ways to do franchise research is to spend “Aday in the life” of a franchisee.

So…

After you find a franchisee who’s willing to let you hang out and observe their franchise business in action…

Get In Your Car And Go!

Which Franchisee Should You Visit?

I know you’ve been using my franchise research techniques.

Right?

You know how important it is to talk with 10-15 existing franchisees of the franchise opportunity you’re interested in.

Right?

And, you’ve found a few who you...

22 Excellent Reasons To Buy A Franchise

Should you buy a franchise?

I don’t know. It’s not my money I’d be putting at risk. My job is to educate you on franchising. I’ll show you how to choose the right franchise, how to do the research needed, and how to get to a yes or a no on the opportunities you discover.

If you want to learn how to take the guesswork out of buying a franchise, I’m your guy.

Franchise Tip: Choose a day and a time to set aside an hour or so to read this comprehensive article on exactly how to buy a franchise....

You Don’t Have To

You don’t have to.

(Buy a franchise)

It’s perfectly okay to justlook around a bit.

I really don’t blame you.

Job security is almost non-existent these days.

If you’re employed, and you’re really good at what you do, you can lose your job in a split second. Talent only goes so far these days.

If you’ve been downsized, and you’re say…51 years old, I really don’t blame you for wanting to explore “other options.”

If you’re 22 years old, and just graduated college (congrats!) I certainly don’t b...

Words Matter: Why A Franchise Coach Isn’t Really A Coach

Words matter. They really do.

Take these two words for example:

“Franchise Coach”

What do those two words mean to you?

A Little Experiment

Let’s try something.

I want you to close your eyes, and think of those two words.

Again, the words are “Franchise Coach.”

What do you see-rather, who do you see?

Him?

Or

Him?

If you’re like most people, you visualize someone who looks like he would be…well, a coach.

So, why the heck would I show you a picture of a salesperson?

Keep reading.

A Coac...

The Franchise King® Just Interviewed The McDonald’s CEO And You Won’t Believe What He Just Said

It was only a dream. But, it had a huge impact on me.

What follows, is my interview with the McDonald’s CEO and founder.

(This was a very intense dream. I’m still trying to piece the whole thing together the best I can. Parts of it are still missing.)

Backdrop

All of a sudden, he was there.

Ray Kroc. The man. The legend. The founder of McDonald’s as we know it today.

He’d been dead for 31 years. But, somehow, he appeared in my dream.

And, then in my room.



He was just sitting there, righ...

Buying A Franchise? Why Now?

Why now?

Why do you want to buy a franchise now?

Did something happen?

Is something like thisgoing to possibly happen soon?

In other words, is something about to change?

Ch-Ch-Changes

It’s a good thing nothing stays the same. Right?

Well, maybe.

There are things that all of wish would stay the same…things we wish wouldn’t change.

For example, I wish my 19-year old didn’t change…that she wasn’t 19 years old already. I really (sometimes) wish she was still 2 years old, that most-wonderful, c...

Most Of You Will Never Buy A Franchise And I Know Why

Chances are…

You probably won’t do it.

And, I know why.

Never

As in, most of you will never buy a franchise-type of business.

Never.

Never ever.

It ain’t gonna happen.

Most Of You Will Never Buy A Franchise And I Know Why

Here’s why most of you will never buy a franchise:

You won’t risk your money.

What?

Do you think that my is my answer too simple? Too obvious?

Were you expecting to hear something a bit more mind-blowing?

It’s The Money

Buying a franchise can be an expensive proposition....