The Franchise King
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 [...]
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, [...]
Maybe you should find a niche. A recent article in Kiplinger Personal Finance magazine discussed franchise research. Part of the article featured a would-be franchise owner’s search for the right franchise. From Kiplinger: “Rowley Mayo said that his analysis of the Minneapolis area found that the appliance-repair business was dominated by giant retailer Sears and [...]
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 [...]
Would you do it? Would you strap a parachute on, wait until the airplane is at what the pilot deems to be the right altitude, and Jump? I wouldn’t. Peter Shankman does. His tweets @Skydiver made him stand out when Twitter was still young. Now… you can follow him here. He’s hilarious. (He always remembers [...]
(Courtesy of Orin Zebest, on Flickr It’s located at an airport but it’s not a food franchise. Instead, the franchise opportunity I just learned about involves very luxurious automobiles. Have I peaked your interest? Go ahead; you try to pronounce it. This German company is creating a franchise network in the USA. The company wants to [...]
If Dan Cathy would have kept his bless-ed mouth shut, I wouldn’t have written this post about his Chick fil A franchise empire. And, it is an empire. And, speaking of birds, even a Cardinal knows that it’s an empire. It’s also one of the the most bizarre franchise systems in the world. Here’s Why; Potential [...]
