The Franchise King®

Are You A High Risk Franchise Buyer?

If you decide to become your own boss, and buy a franchise business, there's one thing you can do to increase your chances of franchise failure;

(This post may contain affiliate links. Please read my disclosure policy).

Buy emotionally. That's it. Instead of first learning what a franchise business really is, and taking a methodical, step by step approach to a major decision like this, just go ahead and buy a franchise because you like it. Hundreds of others have done just that. They're what's known as ex-franchise owners. They were high-risk franchise buyers.

Recently, I decided to develop a few online courses on franchising. I came up with what I think is a cutting-edge name of my little project;

Franchise Online

But, I think I kind of blew it. The word "University" may be scaring people away.

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Please make sure everyone you know who has lost their job, and is starting to say things like, "Maybe I should do my own thing," or "I think it's time for me to be the boss," or I'm going to look at some franchises," knows about Franchise Online

You'll be helping them tremendously. There are ways to lower risk. Getting educated before jumping into something is about the strongest.

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee

All Franchise Owners Need A Great Business Plan!