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;
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;
Most pet franchise opportunities aren't worth your time. This one is different — and most people never even hear about it. Low investment. Serious support. Real upside.
Check Out This Opportunity Today
Franchise Online University.com
But, I think I kind of blew it. The word "University" may be scaring people away.
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 University.com
You'll be helping them tremendously. There are ways to lower risk. Getting educated before jumping into something is about the strongest.
About the Author
Joel Libava is The Franchise King® — an independent franchise advisor with 25+ years in the industry, two published books on franchising, and his writing has been featured in The New York Times, Forbes, CNBC, Entrepreneur® Magazine and others. In addition, he wrote exclusively for the U.S. Small Business Administration blog for eight years. He doesn't sell franchises. Instead, Joel helps you figure out if franchise ownership is actually right for you — and if it is, teaches you his powerful, proven-to-work franchise research techniques, so you can make a smart, informed decision on a franchise to own and be your own boss.
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