Unless you embrace being uncomfortable, starting something new can be well…uncomfortable. Being the owner of a franchise for the first time is uncomfortable. I don’t see how it couldn’t be. Ya dig? ...
Franchise ownership
Is Your Franchise Business Safe?
Is it safe? Is your franchise business protected? Are you sure? Let’s find out. No Business Insurance Rant Coming If you thought that I was going to write about business insurance…well, you’re going to be...
More Help For Veterans That Want To Purchase Franchises
Finally, there is more help for veterans. Bob Casey, D-Pa., and Marco Rubio, R-Fla. just announced the Help Veterans Own Franchises Act. The bill would create a tax credit for veterans or their spouses who purchase a...
Are They Growing Their Franchises?
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...
How To Be A Franchise Owner
It’s pretty simple, actually. Yet, so many people I come into contact with complicate it. I’ll make it easy for you. How To Be A Franchise Owner Start off by making a commitment to be your own boss...
Do You Itch For A Niche?
Maybe you should find a unique franchise niche. A recent article in Kiplinger Personal Finance magazine discussed franchise research. Part of the article featured a would-be franchise owner’s search for the right...
When Should You Ask Franchisees About Their Bank Accounts?
If you want to improve your chances of success as a franchisee, you’re going to have to ask some pretty bold questions during your research. Especially when it comes to The Money. I know that you want to know how...
Jumping Out Of Airplanes
Would you do it? Would you strap a parachute on, wait until the airplane is at what the pilot deems to be the right altitude, and Jump? I wouldn’t. Peter Shankman does. His tweets @Skydiver made him stand out when...
Open This Franchise Near A Runway
(Courtesy of Orin Zebest, on Flickr It’s located at an airport but it’s not a food franchise. Instead, the franchise opportunity I just learned about involves very luxurious automobiles. Have I peaked your...
An Interesting Discussion On The McDonald’s Dollar Menu
(Courtesy of krossbow on Flickr) A little while back, I had an interesting discussion with an ex-McDonald’s franchisee. A surprising one, actually. Now, this gentleman wasn’t a recent McDonald’s...
Will You Be At A Significant Advantage If You Buy A Franchise?
In franchising, having an advantage, (or two) over your competition, can be a real game-changer. As a matter of fact, it is the game-changer. If you want to have a real shot at real success as the owner of a franchise...
The Franchise Brokers Association is Raising The Bar
In case you don’t know, I’m a recovering franchise broker. And, while I wasn’t the most successful one among my peers and competitors, I was able to sleep soundly every night. Would you like to know why? I stuck...
Top Questions To Ask Franchisees: Question 9
My book on franchise ownership is designed to get you focused on fact-gathering. That’s because it’s where the rubber hits the road. Staying focused on only getting the facts can be a lot more difficult than...
Ex-Franchisee Shares Her Biggest Blunders
This is a guest post from Nicole Franchise. She’s an ex-franchisee of a major food franchise. For obvious reasons, she’s not using her real name, and she’s also decided to keep the name of the...
Would You Do It Again?
Only an idiot would avoid asking that question. One of the things that separates successful franchise owners from the not-so-successful ones is the research. Superb research. And, there’s only one...
8 Must-Read Franchise Blog Posts For Serious Franchise Business Buyers
(He’s obviously reading the articles below) If you’re hoping that franchise ownership will become a reality for you in the near future, I’ve gathered 8 crucial franchise business articles that...
7 Due Diligence Tips For Future Franchisees
(This is a guest post from Jeff Fabian, Attorney.) Most people considering purchasing a franchise have at least heard that they need to perform “due diligence” on the franchise opportunity. However...
Franchise Buyers; Enter FVM
If you’d like to have a real chance of success as the owner of a franchise business, you’re going to have to “see” yourself as the owner. Let me explain… When you start...
Top 5 Things You’ll Get When You Buy A Franchise Business
There are lots of things you get when you buy a franchise-when you become a franchisee. One of them: The Franchisee Network This may be the best part of the franchise business model. As you learn more and more about the...