The Franchise King
Start looking around for a bail bondsman. Once you find one, add their contact information to your Smartphone and set their 24-hour hotline number to speed dial #1. You’re going to want fast access to it so they can get you out of jail. It’s not like you’ll be able to get teleported out. [...]
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 [...]
Are they happy? Do you want to find out if the franchisees you’re calling are happy with their decision? I have a way for you to find out if they’re happy with the franchise that they now own…and it works every time. Just watch me ask a current franchisee of “Bucket of Wings,” franchise research [...]
You need answers. You have to have them before you take your checkbook out. You have to have them before you make what could be a 10-year commitment. You have to have them so you can be convinced that the franchise you’re really, really serious about is the right one for you. But, the answers [...]
If you want to improve your chances of success as a franchisee, you’re going to have to ask some pretty bold questions during your research. Especially when it comes to The Money. I know that you want to know how much you’ll make if you buy a specific franchise. I also know that you’re not [...]
Getting to break-even. That needs to be your 1st goal. Got it? When The Magic Happens You’re not going to feel very good about things until… You get to break-even in your start-up franchise business. That’s because pouring money into your new business-without much coming in, is no fun. But, when money does start [...]
Great technology can prevent a lot of headaches in your business, and grow your bank account. But, poor technology can cause your head to throb and cost you money. Big money. If you’re thinking of buying a franchise, visit with franchisees and visit headquarters, so you can see their technology in action with your own [...]
Allow me to post this question, Mr. or Mrs. Franchise Buyer: If you had an opportunity to buy a franchise that had has huge name-recognition, would you be willing to risk it all to become a franchisee? I’ll wait for your answer. The Franchise Brand’s Promise Let’s assume that you had a once-in-a-lifetime opportunity [...]
The franchisees that you’ll be calling as part of your franchise research know the answer to that question. That’s because they’re already living the dream. They’re already in business. And soon, you may be too. About Franchise Company Support I want you to remember what the franchise development director told you about the support [...]
