Even with all the support that comes with a franchise, I’ve personally seen plenty of smart, capable first-time franchisees stumble in their first year as franchisees. Part of the reason is the human factor...
Buying A Franchise Business
Joel Libava
Franchise Owner’s Guide to a Successful Exit Strategy
Having a franchise exit strategy is crucially important in today’s business environment. Whether you’re entering a franchise agreement or already operating a franchise business, planning your eventual exit...
Franchise Bookkeeping: Why Every Franchisee Needs a CPA
Although franchise bookkeeping may not be the most exciting part of being a franchisee, it’s necessary! I’m talking about managing taxes and accounting. Tasks that might not be your strong suit. But...
Are ‘The Most Profitable Franchises 2025’ Really The Most Profitable?
This post serves as a warning to anyone thinking about purchasing a franchise listed as one of the “Most Profitable Franchises” in the near future. Keep reading. The Most Profitable Franchises of 2025? Each...
Turn Your Franchise Dreams Into Reality With This List Of SBA Preferred Lenders By State
While the SBA (Small Business Administration) doesn’t fund businesses directly, it does denote certain banks as SBA Preferred Lenders. And if you’re about to buy a franchise, applying for a franchise loan...
Can You Buy Into A Franchise Business Without Being A Franchisee?
If you’d like to buy into a franchise business without having to do the work a typical franchisee does, you’re going to like this. Note: this post contains affiliate links, so I may be compensated if you...
Please Don’t Let Friends and Family Derail Your Franchise Dream
The journey to buying a franchise is an exciting yet challenging endeavor. You certainly don’t need well-meaning friends and relatives around who allow your franchise dream to be derailed. That’s because...
Don’t Buy A Startup Franchise If You Need To Replace Your Salary Quickly (2024)
If you’ve recently lost your job, or are thinking of leaving it, don’t buy a franchise if you need to replace your salary fast. Why? Because in almost every case, you won’t be able to do it. Why...
If You Don’t ‘Want’ To Pay Royalty Fees, Don’t Buy A Franchise
Royalty fees…paying them, is part of what you sign up for when you become a franchise owner. But if you have a problem with paying royalties-before you’re even a franchisee, that’s not good. And...
The 3 P’s of Franchising: Your Roadmap to Success (Updated)
What are the 3 P’s of franchising? And how important are they to your success as a franchise owner? I’ll show you. Everything You Need To Know About The 3 P’s Of Franchising First things first. These...
Powerful New ‘Conversion Division’ Launched By French Florist Franchise
Sowing a seed, the French Florist franchise has launched a new “Conversion Division” to help independent florist shop owners achieve bumper growth. The Los Angeles, CA-based franchise organization offers transformative...
Franchise Benefits: You’re Not Alone
If you’re feeling a bit intimidated by the idea of starting a business alone, franchising might be the perfect solution for you. In this post, I’m going to share some benefits of owning a franchise business...
Revealed: Why Franchise Ownership Isn’t For Everyone
Just because you have a desire to own a business doesn’t mean it has to be a franchise business. Because franchise ownership isn’t for everyone. “Wait, Joel. Aren’t you pro-franchise business...
Shaq’s Big Chicken Franchise: Cost, Fees And Availability (Updated For 2024)
(Image courtesy of the Big Chicken website) Shaq’s Big Chicken franchise, Shaquille O’Neal’s not so new entry in the fast-casual restaurant space continues to get lots of attention in 2024. In a moment, I’ll...
