The Franchise King
My name is Joel Libava, and I'm the author of Become a Franchise Owner! In addition, I'm a franchise ownership advisor. I teach people how to properly choose, research, and buy franchises.
They did it again. For the 5th year in a row, the team at Franchise Direct has gathered an incredible amount of data. This data-on the Top 100 Global Franchises, includes everything you need to know about the growth of the 100 franchisors recognized in the report. Like: System size, based on number of units [...]
You need to find them. They’re the ones you need to talk to. I’m going to tell you why. Lowering Your Risk If you’ve been following along-reading and using my top 40 questions to ask current and former franchise owners, you should be proud of yourself. You’re obviously focused on increasing your chances of success as [...]
Most franchise owners want to. But, not all of them do. And, that’s okay. It’s True Just about everybody I’ve worked with over the years has told me that they’ve wanted to find a franchise that they can grow. Growing a franchise business can be done in a few different ways: Adding units-adding more locations Adding space Adding [...]
That goofball, Matthew Lesko, almost had me. You do know who Lesko is, right? Matthew Lesko is the “Get Free Government Money” guy. He’s an author. (Among other things) Some of his book titles: Gobs and Gobs of Free Stuff Free Legal Help Free Stuff for Busy Moms! Free College and Training Money For Women [...]
That’s right. On fire. The largest franchise in the world has been steadily increasing it’s presence in Asia, and it’s finally starting to pay off. According to The Star.com – Malaysia, Subway’s Asia business is now worth over $500 million with a 29% year-on-year revenue growth. Go here for Subway® contest information. 1600 Franchise [...]
They only make $7.25 an hour. That’s why hundreds of fast food workers in New York City are on strike today. Hourly employees from franchises like McDonald’s, Wendy’s and KFC are seeking to double their hourly pay-all the way up to $15 an hour. Are they (mostly franchise business employees) asking too much? Could you live on $7.25 an hour? [...]
You only think you need to have passion for your business. That’s because you’ve probably heard it said-or have read about it somewhere. Heard what? Read what? This: “You need to have passion for your business in order for it to be successful.” It’s a lie. A big, fat one. Picking Up The Poop [...]
Why? Why do you want to become the owner of a franchise? What’s going on in your life now that’s moving you in this direction? Take a look at the Infographic below. Are you in it? Are any of the 5 reasons above your reasons? If not, would you like to share your reason for [...]
It’s foolish to focus on the cost of the franchise fee. That’s because the difference between a $25,000 franchise fee and a $35,000 franchise fee is zero. I’ll explain. A Client Last week, I was talking to a client about the franchise opportunities that he was investigating. For some odd reason, Charles was focused-hyper-focused, [...]
