The Franchise King
You do understand how the franchise business model works, right? Go here to doublecheck. For example, you know that: The franchisor came up with the business concept The franchisor is the real entrepreneur The franchisor gets to write the rule book The Franchise Rule Book The book is usually pretty thick. Actually, there’s more [...]
I was so excited. After all, it had been almost two full years since we had to put Winston, (our Airedale Terrier) down. Winston was a cool dog. He loved our daughter, and he watched over her like only a best buddy could. He was a character…always testing us…always seeing what he could get away [...]
(Courtesy of jontunn on Flickr) Attorneys have power. Most of their power comes from what they learned at law school. Some of their power comes from who they are…and what they believe in. And, if you’re on the hunt for what you feel is the best franchise business to buy, you need an attorney. A [...]
#Fail I knew that would get your attention. That’s right; you will fail if you do what he did. “He,” being the guy who called me last week asking for some of my best franchise guidance and advice. Ring Ring “Hello, I just found your website, The Franchise King.com, and wanted to know [...]
The winner of the One Woman. One Franchise. Contest is currently at the beginning of the franchise exploration process. Nora Peterson, the lucky lady who’s winning entry got her to the place she’s at now, is excited about the possibilities as she learns about the history of franchising. That’s because, the possibilities are endless, when people [...]
If the prospect of becoming the owner of your own franchise business isn’t sending occasional shivers down your spine, you’re living in a state of denial. I’ve advised millionaires who’ve wanted to dip their toes into franchise ownership, and they get scared. I remember working with a gentleman who was looking at the top franchise [...]
Big Whoop. So, the new team at Quiznos, in a brilliant and never-used marketing ploy, has decided to go with a $10,000 franchise fee for anyone that buys a Quiznos Sub franchise. Talk about cutting-edge… If you’re not hyper-focused on the franchisesphere like me, you may not be aware of all of the major dysfunction [...]
The at-home medical care, (non-medical, too) sector in franchising has been exhibiting growth for the past few years. And unless you’ve been a hermit living somewhere in the High Plains, you’ve probably noticed that the US population is aging. Businesses that can provide products and services that are needed by the 55 and over crowd [...]
I’m troubled by something. I need to share what it is, and why it’s bothering me. Several years ago, I created a free tool. This tool is designed to quickly help people figure out if they had some of the personal traits needed to successfully own and operate a franchise-type of business. [...]
Successful franchise owners have several things in common. 1. They learned all they could about the franchise model 2. They chose a franchise that matched their skills and personal traits 3. They did incredible research 4. They stayed within their budget 5. They got the right small business loan 6. They used a franchise attorney [...]
