Investing in franchises overseas has the potential to be lucrative. But, as anyone who has ever tried it will tell you, it can also be extremely risky. People have lost a lot of money, simply because they didn’t...
Buying A Franchise Business
Joel Libava
The Top Traits Shared by Today’s Winning Franchisees
Ever wonder why some franchisees seem to hit the ground running and thrive while others struggle to gain traction? Let me share a secret. The difference often isn’t about the franchise system itself, but rather...
5 Ways Tariffs Can (And Will) Hurt Franchisees And How You Can Make Them Less Painful
I’ve spent decades guiding aspiring franchisees. And I don’t want them to get hurt. From choosing the right franchise to understanding the financials, I’ve pretty much seen it all. But, as of late, there’s one...
Dad Knew Best: His Simple Franchise Disclosure Document Strategy Still Works Today
My dad, Jerry Libava, taught me a lot about franchising. And like me, he liked to get right to the point. That said, one of the smartest things he taught me had to do with the Franchise Disclosure Document-and his...
5 Mistakes First-Time Franchisees Make (And How to Avoid Them)
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...
Why Own a Franchise Business?
In my experience, that question isn’t just a casual conversation starter—it’s the make-or-break moment that separates window shoppers from serious franchise business owners. And I’ve asked it a lot...
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...
One Huge Advantage of Franchising That Instantly Earns Franchisees Money
There’s an advantage of franchising that’s so obvious. To me, anyway. And, to many franchisees who earn good money because of it. How? Let me tell you a little story. My Area Of The Country First off, I need...
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...
