I just had an interesting conversation with Tom, who I met at an event I attended earlier this week. I'm not sure how the band, Electric Light Orchestra (ELO), came up, but it did. It went something like this. Me: "I attended two Nelson's Ledges Freedom Festivals (Ohio) in the late 70's, and one of them really stood out.
due diligence
Why Can’t Every Franchise Business Be Like Farberware®?
In this post, you're going to learn about Farberware®, a company that manufactures and sells top-of-the-line products. You're also going to learn about franchising, which is a very powerful business model. What follows, is my attempt to tie the two together. If I succeed, you'll learn how to take your search for the
Buying A Franchise? You Need To Avoid Opinions At All Costs
"What's your opinion of Quiznos, Joel?" "Joel, do you think McDonald's is a good franchise?" "Joel, is a $60,000 franchise fee out of line?" "Should I invest in multi-units, Joel?" "Joel, do you think it's okay to buy a franchise right out of college?" I do have opinions on every question asked
You’ll Fail As A Franchise Owner If You Do What He Did
You will. You'll fail as the owner of a franchise business if you do what the person I'm about to introduce you to did. Ring Ring So, I'm noisily typing away at my keyboard when my Castle phone rings. It's a prospective franchise owner. Him: "Hello, I just found your website, The Franchise King.com,
Grab Your Luggage For Franchise Discovery Day
The day you travel to franchise headquarters - for a visit, is a big one. It's when the rubber will meet the road. It's when you'll experience a sense of excitement and at the same time, a sense of doom. Real fear will set in. Normal fear. So, are you ready to grab your luggage? Read
A Revolutionary New Way For New Franchise Owners To Relieve Their Stress
Are you thinking of becoming the owner of a franchise, someday? If so, this post contains a powerful tip that you can use as you pursue your dream. And, if you’re about to become a new franchise owner, you still have time to implement my idea before you open your doors. But, hurry. This is revolutionary. Why
Investigating A Franchise: Act Like An Old College Friend To Get Real Answers
"Discoveries are often made by not following instructions, by going off the main road, by trying the untried." - Frank Tyge Sometimes, it’s important to approach things…important things, in a unique way. You should have an “angle.” I don’t mean that you should approach the franchisees that you’re calling and visiting as
Franchise Ownership: Don’t Plan On Changing Anything
If you go into franchise ownership you really shouldn't plan on changing anything. It's the wrong mindset to have. Your frustration level will reach epic proportions in a short amount of time. In other words, don't buy a franchise if you see yourself as a turn-around artist. Think about it, if the franchise you purchased was
This Franchise Research Technique Could Land You In Jail
Start looking around for a bail bondsman. Once you find one, add their contact information to your Smartphone and set their 24-hour hotline number to speed dial #1. You’re going to want fast access to it so they can get you out of jail. It’s not like you’ll be able to get teleported out. Whatever It
You Need To Find The Unhappy Franchisee
(A very unhappy franchisee) You need to find an unhappy franchisee. (More than one if possible) 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
