due diligence Archives - The Franchise King® - Find The Most Profitable Franchises

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 above. My […]

You’ll Fail As A Franchise Owner If You Do What He Did

Posted by The Franchise King®

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, and wanted […]

Grab Your Luggage For Franchise Discovery Day

Posted by The Franchise King®

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 […]

A Revolutionary New Way For New Franchise Owners To Relieve Their Stress

Posted by The Franchise King®

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 […]

Investigating A Franchise: Act Like An Old College Friend To Get Real Answers

Posted by The Franchise King®

“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 you do your […]

Franchise Ownership: Don’t Plan On Changing Anything

Posted by The Franchise King®

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

Posted by The Franchise King®

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. […]

You Need To Find The Unhappy Franchisee

Posted by The Franchise King®

(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 should be proud […]

Are They Growing Their Franchises?

Posted by The Franchise King®

Most franchise owners want to. But, not all of them do. And, that’s okay. It’s True Just about everybody I’ve worked with over the years has told me that they’ve wanted to find a franchise that they can grow. Growing a franchise business can be done in a few different ways: Adding units-adding more locations Adding space Adding […]

Are Franchise Owners Making Enough Money?

Posted by The Franchise King®

You need answers. You have to have them before you take your checkbook out. You have to have them before you make what could be a 10-year commitment. You have to have them so you can be convinced that the franchise you’re really, really serious about is the right one for you. But, the answers […]

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